
Get Ready for Some Buying Panic

By Jim Cramer
About this article:
Let's say you're a hedge fund manager. You check your screens in the morning. You look around the world. And you know what you see? Green arrows everywhere. Markets up huge: Canada up 27%, Mexico up 16%, Brazil up 62%, Hong Kong up 26%, U.K. up 10%, China up 59% and just about every Asia market up gigantically.
Oh, and the Nasdaq up 11%.
Double digits everywhere.
And you realize, "Oh boy, am I behind."
There's only one way to pass the averages when they are galloping as they are now: Get longer than the averages. Buy stocks. Frantically buy stocks. Cover shorts. Find something in the Nasdaq to buy: Microsoft , Qualcomm , Apple , Research In Motion . Doesn't even matter. Semis, semi equipment, software. Intel , KLA-Tencor , Oracle .
Doesn't matter.
Or the banks; they are behind. How about Bank of America , it's...

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