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Why We Can't Find a Bottom

By Jim Cramer

About this article:
Am I too negative? I focus on that every day. Every day. I want to see the silver linings that the press gives us daily and the managers who come on TV tell us about. I know we are not supposed to wait for the data to make us bullish and we have to buy into the teeth of the negative news. But the negative news just keeps getting more negative. We do tons of bailouts -- this latest one with insurers buying these little banks to get in on the plan is about as spurious as they get -- but all they seem to do is hold us together to play another day. The Treasury quickly backed away from the one thing that could really help us --root and branch buying of the mortgages and then refinancing them or sending them to the FHA for refinancing. Now the FDIC...

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