TheStreet.com RealMoney

Not Much Time Left for Downside

By Jim Cramer

About this article:
All morning long I have listened to extended discussions about why the futures are down: Hewlett-Packard's guide-up wasn't much of a guide-up, Wal-Mart's beat wasn't real because of the revenue, oil could be down because of the Deutsche Bank forecast. I think it is nonsense. There's no reason for the futures to be doing anything. We are, once again, presuming knowledge. What's really going on? H-P paid a huge amount of money for 3Com , which is bullish. The Dollar General story is going to be priced very high because demand is great. (I am on record hoping Goldman gives you $20 or less, but KKR will never let that happen.) And, like Macy's , Wal-Mart's keeping things nice and conservative for the holidays. There really isn't much more to it. We have seen an important pattern ever since we got down to about 60 trading days in the...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here



100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.





If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.