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Rallying on the Bear's Back

By Jim Cramer

About this article:
The bears over-reached again. Incredible. Armed with the exclusive Goldman Sachs call that we were going to have a downer GDP, the bears certainly seemed confident enough yesterday to press their bets. We see their pawprints everywhere. It looks like whoever was locking into the gains at the end of the month or the end of the mutual fund fiscal year may have completed. The sellers were all over the place. The VIX, which has plummeted 10%, may be the real tell that the sellers have finished. The most encouraging thing I have seen today is the four key stocks -- Apple, Google, JPMorgan Chase and Goldman Sachs -- have at last reversed. I like them all here and would still be a buyer. I want to be very clear. The combination of sellers who locked in and finished, coupled with the need to mark up...

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