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Give the Bears Some More Rope

By Jim Cramer

About this article:
Will you just let the bears have their way? They are determined to blunt even the most aggressive mark-ups here, and I think they have enough ammo to take down tech and the banks. No rally can occur with the Nasdaq down so badly. That's the real tell, as I said earlier with Google and Apple , of a lack of a market to advance. The strongest leaders are taking a breather. Meanwhile the weakest former leaders -- Bank of America , Wells Fargo and Goldman Sachs -- seem to have no fight in them, although PNC and JPMorgan are making stands. And, close to home, my favorite apparel stock, VF Corp. , is just stinking up the joint today, as is Under Armour -- both gave outlooks contrary to what we would expect going into the holidays. I think we are close...

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