Use the Trends to Fend Off Chaos
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Jim Cramer
The Street.com |
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Confusion about what short-term game plan to follow has created a vacuum that can help you get positioned well for year-end.
Searching for a short-term game plan. That's what I sense people are doing today. They can't seem to grasp whether to return to GERQY (Google, eBay, Research In Motion, Qualcomm and Yahoo!) or to move on to another space. They are dreadfully fearful of the telecommunications space and are petrified of PCs post-Circuit City's numbers. They want to return to oil but they lost so much money on it last week that they can't bear to return. Gold? Too nutty. Weak-dollar plays? What if the dollar strengthens?
Hence, there's a feeling of chaos descending on the market.
My take...
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