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Despite GM, This Market Didn't Miss a Beat

By Jim Cramer

 About this article:
 The people have spoken: General Motors meant nothing. In the end it meant nothing at all. Imagine a couple of years ago, if you knew GM would file for bankruptcy, you would have thought the market would be down at least 1,000 points. Maybe 2,000. Instead, the market went up. What does that say to you? To me it says that the bears who continue to disrespect this market don't have any sense about how it absorbs endless bad news. Do you know that other than from a couple of tech companies and Joy Global, we haven't even had any real upside surprises? What happens when we get them? Just musing about an amazing week and month and quarter and how so far the bad news keeps coming and the market just keeps going higher. At the time of publication, Cramer had no positions in stocks mentioned. Know What You Own: In Friday's...

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