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Bears Ignore Good News at Their Peril

By Jim Cramer

About this article:
Who is being complacent? Who is ignoring the good news? Who is losing the war of money? The bears, that's who. With the market down today, they growl. They dance. They celebrate. They don't get that the only reason we are down today is just because oil's down a tad. Give me a break. The bears have been so ideological and so ostrich-like that they can't face the facts of the global recovery. The time to be worried was in August of 2007, when things could have still been fixed. The time to stop worrying was when Tim Geithner stressed-tested the system and it came out fine. I point this out for several reasons. First is a terrific article by Matt Krantz of USA Today taking the critics to task about the good things that are happening. Krantz questions how the critics refuse to even believe in...

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