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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (62715)1/29/2001 3:43:34 PM
From: Lucretius  Read Replies (1) of 436258
 
Cramer Wants a Pet Bear!
By James J. Cramer

Originally posted at 2:15 PM ET 1/26/01 on RealMoney.com




Click here for the latest from James J. Cramer.


Sleepy Friday. No one seems to be paying much attention. But have you noticed the astonishing comeback that's been going on? If there were ever a day where the whole Nazz should have been clobbered, when things looked really so darned ugly, it should have been today.

But the bears can't put a single streak together. They can't put two back-to-back negative sessions on the scoreboard. They have become pathetic, defanged BooBoos where they were once feared grizzlies. I might get one for a pet!

I am in awe of how strong this market is. Just in awe. It is classic bull-market action and I am not afraid to shout it so all can hear.

Random musings: Those of you who like dollar stocks, beware. There are lots of machinations going on to keep these zombies from being buried. This morning, Telescan (TSCN:Nasdaq - news), a company in our bailiwick, did a toxic convert deal in which the holders of the convert can short 3,000,000 shares down to a buck and still make out like bandits. Taking the other side of this trade could be a real hazard, so be careful out there.
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