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It's a Mistake to Fade 'Em Now

By Jim Cramer

 About this article:
 A year ago with the futures up, all you could think of is how much you wanted to "fade" that opening, how great it would be just to lay out any shorts into strength. You could choose pretty much anything going into earnings season. The techs? Last good quarter. The banks? A travesty. You didn't even know if the banks you are short would survive. The oils? Free fall. The metals? Amazing downward pressure coming from hedge fund redemptions. The insurers? Will they make it? Retail? The balance sheets looked terrible going into what would be a terrible holiday selling season. The autos and auto-related? Disaster. Now you fade the opening you take your life into your own hands. Your hope is some sort of 10 a.m. register ringing from people who might have bought Friday. You have an earnings season coming up in which companies...

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