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Seeking Certainty Is Way Too Risky

By Jim Cramer

About this article:
Many people are under the impression that you can wait, wait until unemployment goes back to 9 flat, wait until credit card charge-offs go below 9% and the delinquency rates to go below 5%. Others feel that you have to wait until the aggregate price of a house goes up, not just the hardest-hit areas, which have all turned up. Still others believe you have to wait to be sure that there aren't more firings. And others still want to see foreclosures peak. Not until you see these happen, people say, is it all clear to buy. These people are living in a dream world. They are living in some sort of fantasy that says history means nothing. Nothing at all. They are, alas, not interested in performance. They are interested in a level of safety that will turn out to be risky because of the heights...

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