Chris Cortez

Here's Cramer's take from a week ago responding to a question about whether to sell Bear Stearns:

More to come here...

But pushing off an idea from a list of outperforming industries, disk drive companies - at least the best one(s) - should be a sure thing, even when other tech struggles.

I'll try to edit this and flesh out the idea when it's not 1:11 AM and I haven't just spent the last 12 hours repainting the girls' playroom...

For now, who are the $DDX companies?

ADPT - ADAPTEC INC 2.52
HTCH - HUTCHINSON TECH 15.90
IMN - IMATION CP 21.15
IOM - IOMEGA CP NEW 3.26
NTAP - NETWORK APPLIANCE 21.08
QI - QIMONDA AG ADS 4.50
SNDK - SANDISK CP 22.15
STX - SEAGATE TECHNOLOGY 22.21

Tough way to end the week in the markets.

The DOW is off almost 300 points as I write this and the dollar has sunk to historical lows. I am amazed listening to CNBC and other MSM at how much credence they give the Goldilocks stuff and how surprised and skeptical they seem about the Roubini-type scenarios playing out.

I've been expecting this and much worse for over a year now. For anyone paying attention, there have been plenty of accurate predictions about how several concurrent events -- the bursting of the housing bubble, the repatriation of the yen carry trade, the ascension of China, the repercussions of so much liquidity injection by the Fed -- would likely play out. The rest remains to be seen, but so far the decline is consistent with stuff I've been reading for quite some time now.