
Three Reasons to Take Heart

By Jim Cramer
About this article:
Finally, the ethanol stocks are breaking. I had been adamant that there can be no advance of substance until every last group has been broken and stripped of big gains, and has ripped out the lungs of those who own them.
Today's that day. Archer Daniels is getting hit, The Andersons is coming down and the biggest offender, Pacific Ethanol, no longer has the rosy glow.
These are the last ones to run, and to see them come down emboldens me. In the meantime, I still am nauseous as all get-out about the Nazz, where no one seems to want anything.
Yet Microsoft appears to have caught a bid -- could be rumors again or options pinning, but it is nice to see that "I led you down" stock find buyers.
Not everything is good. The persistent bid in stocks such as Coke and Pepsi and Anheuser-Busch is distinctly "recession...

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