
Things Don't Fall Apart

By Jim Cramer
About this article:
Things didn't go wrong. Maybe that's another way of looking at this market today. Rather than look at it as if things weren't as bad as we thought, things just didn't go wrong.
Halliburton didn't blow it even as the domestic part of its business could have. Eaton didn't cut its dividend. Texas Instruments didn't signal that all of the ordering was simply restocking, the endless bear case.
And -- something that would have had terrible consequences for unemployment in this country -- CIT didn't go down for the count.
Sometimes all it takes is for things not to go wrong.
The public senses it. Legg Mason reports a decent quarter. That's the public no longer fleeing. That is how you can have a cyclical rally without intense bleeding in the pharma and soft-goods stocks. It makes the market less zero-sum.
This is one of those markets where it makes...

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