Embrace the Technical Binary Nature By Jim Cramer About this article: All we talk about is levels these days. Have you noticed? Is there any annotation more important in the morning than the one that Bob Byrne makes in the Columnist Conversation? I find myself glued to things like Dow Theory, watching the transports trade. I haven't done that in ages. I look at the bank index and the ProShares UltraShort Financials to try to figure out when that group will stop going down ... or I should say, if it will stop going down. It is one big technical madhouse. It's almost as if there is this very strange duopoly: If we close lower than some arbitrary level set in some horror-show trading back in November, then it is Katy-bar-the-door-here-comes-Dow-6000-this-is-the-end-the-end-my-friend Jim Morrison and the Doors oblivion call. If we "hold" here, then we are right back in the swim, ready to launch higher. Of course, if this... 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.

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