He didn't really say sell or buy, in fact, if you watched it, no buttons were pressed and he tried to close the round as fast as he could when asked about Nvidia. Cramer is just gutless and likes to ride the bandwagon on momentum with semis. Why do you think he keeps saying buy Apple all the time? He knows it will be a while before it really pulls back so much that hedge funds will start really selling their position beyond a few blocks. The Street has maintained a buy position on the stock while Cramer is trying to walk a tightrope and avoid endorsing any purchases of semis as a whole, except for Apple itself.
all the semi's pulled back and have been doing so with one after the other analyst saying Microsoft's new os won't inspire people to buy computers. It's Christmas shopping time and there's a new os out so I disagree. The problem is hopefully behind us of people holding off to buy ahead of the new os. I agree with you about him avoiding any meaningful discussion on semi's as he didn't even have Intel in his get ready for next week list. He did say sell though. I wouldn't sell here.
I just went through all the components of the semiconductor index. It was a messy week for all of them except one or two. Intel will tell us Tuesday how the upcoming expectations for Windows 7 will effect guidance.