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Bears! Bears! Well, Maybe Not

By Jim Cramer

 About this article:
 Big freakout watch! Amazing -- from out of nowhere, the bear is back. Or at least it is if you read my email. Here is my take: We are +10 on the overbought/oversold oscillator, a real bad level to start a selloff from. We have Amazon, which to me has always been about the future not the quarter and it will remain so and can be bought, and you have Microsoft -- if it takes the market down, you get a chance to buy Apple. Why aren't I more worried? Because the dips have to be bought and bought aggressively by portfolio managers and they aren't going to wait until things are really low. They can't afford to. It is true that the shorts have been destroyed here, so it takes a couple of days for them to get off new shorts and for the panickers to dump. You don't...

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