
I'm Waiting for the Other Shoes to Drop

By Jim Cramer
About this article:
Yeah, I trust it. Sure.
That's what everyone is saying today. They see the futures and they are now conditioned to "fade" it, to go against it and just be glad to get minuscule higher prices than you could get yesterday.
I am no different. Last year when the Fed started injecting funds like crazy with the rest of the world, we had a real lift.
But there is so little confidence now that we can't possibly be comforted this time around.
The fright of yesterday, where people trusted only T-bills because anyone who had money with Lehman international or owned their debt was just killed -- thanks to Dick Fuld for not taking that Korean bid -- won't go away in one day.
The notion of opportunity, of actually buying something and watching it go up, seemed to vanish. I don't think the SEC's decision to enforce an...

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