
The Post-Mark-Up Could Sting Industrials

By Jim Cramer
About this article:
The pain of the aftermath of mark-up never goes away. We knew what was in store for us, as the mark-up folks don't like to play on the last day, especially with the newly vigilant Securities and Exchange Commission. I have to believe that this SEC will now become more interested in "the tapes," which would show clients asking brokers to take stocks up as much as they can, something that we know is against the law.
What comes up from mark-up must come down, and the most important "come downs" should be in the industrials, because we have the least visibility in them. I do not believe the techs have as much to worry about, nor the banks, because both have excellent earnings prospects for the coming quarter. Why sell Apple here? Why sell Microsoft? And why dump
Wells Fargo or Bank of America...

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