TheStreet.com RealMoney

True or Bogus?

By Jim Cramer

 About this article:
 Pullback crowd vindicated? I mean, didn't it pull back intra-day? Or, should I start by saying "what a phony close?" Because it sure seemed like one. Today's rally will be chalked off as an options expiration chuckle, the kind of thing that's played havoc with the bears every expiration for months now. It seemed as bogus as they get. But the truth is, it rallied. The consensus, overwhelming consensus, was that it couldn't rally. Maybe we should accept, again, this is one tough short. Leave it at that. Until we look through Google and IBM . At the time of publication, Cramer held no positions in the stocks mentioned. Special note from Jim: You can learn my time-tested ways to trade smart, even in this market. All my latest thinking is in my brand new book, Getting Back to Even, which I'll send to you as part...

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