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You Want to Short Here? Good Luck

By Jim Cramer

 About this article:
 What can be shorted here? Heaven knows things have run, but it's a tough game to short if only because of where we are in the cycle: Pretty much anything can be justified for owning here, whether it be the beaten-down drugs with their powerful yields, or the steels given their possibilities ahead -- even if somewhat muted by fact -- that stimulus will kick in. One could argue that we could see a repeal of the retail move given how far and how fast it has occurred. Consider, for example, Coach . Does anyone think that Coach is actually doing well? It's more than 50% off its low. But it has been cut in half from the high and it is a great company. The idea that it can recover and year over year do well is hardly fanciful. Nordstrom has tripled off the...

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