TheStreet.com RealMoney

Shorts on the Run

By Jim Cramer

About this article:
You are going to see some real capitulation here at this moment. Why? Because of Nucor , Airgas and Federal Express . These three stocks had to be part of what should have been the biggest home run on the short side imaginable. I like to think of the market backwards sometimes: What would I have done if I had the information beforehand. What would the instant replay be? If you knew that FedEx was going to guide down huge, even as people ahead of the quarter were talking about how this could be the bottom, it would be an irresistible short. It obviously was -- It went up big, then gave up some of the gain and is now right back. Airgas was just the kind of shortfall that should bring out a huge amount of selling and originally did as CEO (and terrific guy)...

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