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Why You Shouldn't Fade This Opening

By Jim Cramer

 About this article:
 Editor's note: Jim Cramer will present his 2009 stock outlook for the first time at TheStreet.com Investment Conference on Saturday, Oct. 25. Click for details. Do you fade an opening that's this strong? Do you decide that the worldwide plan to save the banks isn't enough? Some reasons why it might be dangerous to fade it: The rally off the bottom was so vicious on Friday that you can see it doesn't take much to rally. Recall what happened on Friday. It started with Apple and then spread to the rest of the market, aided by what we knew very little of, a plan to take stakes in banks. We are so oversold, minus-20, an unheard of amount of selling, that it makes me think that there has to be an end, at a certain point, to where people want to sell, even if the selling returns from a higher...

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