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Can the Market Rally Without Oil?

By Jim Cramer

 About this article:
 The one-wayness of this new market, the one that started with banks, tech and oil and that has now has come back down to just oil, isn't something that can last. We can't come in here every day and know that the news is not so hot, and what Ben Bernanke said yesterday about the deficit and where he thinks we are is not so hot, and have all of those reasons for a pause trumped by a dollar rise in the oil futures. It just doesn't make sense, but it is where we are. It makes things more treacherous than they should be because we all learned a vital lesson last year, which is that a $2 billion to $3 billion hedge fund in cahoots with another $2 billion to $3 billion hedge fund can easily rig the oil futures higher on no volume. So...

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