TheStreet.com RealMoney

Stick With the Defensive Plan, and Avoid Pain

By Jim Cramer

 About this article:
 You have to stick with the program as the technicals work their way out -- we are oversold, we look to be holding our 50-day moving average, there are too many bears. The program is to attempt to buy only the likes of Kimberly-Clark, Altria, General Mills and the higher-yielders. The more aggressive buys, the Apples and the Googles -- both data points, what I see with Apple and what I hear with Google, are excellent. The Accenture says you can buy Hewlett-Packard if you want to go down the tech list of OKs. But I am not going to buy into the banks unless I see Goldman Sachs up nicely. That's the tell for that group. And I do not want to see Wal-Mart up, as that means the rest of retail is down, or McDonald's up, because that's the trade down again. Deviating from what's...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.