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I am not saying that these Seven Deadly Stocks are a recipe for good news out of housing or retail. Far from it. I have now read through every conference call of every retailer, including Limited (NYSE: LTD) (Cramer's Take) and Gap (NYSE: GPS) (Cramer's Take) and Dick's (NYSE: DKS) (Cramer's Take) and AnnTaylor (NYSE: ANN) (Cramer's Take) to give you some granularity, and not a single one's success had anything to do with demand. It all had to do with supply -- more importantly, a lack of it.

I am simply saying that in the worst economic downturns -- and this is one of the worst, but not yet the worst I have seen -- there's always something working, and that has more to do with the structure of the market than it does with the structure of companies' businesses. The reason I never give up looking isn't because I am insane optimist -- and believe me, it is bewildering and beleaguering to come in every day and look at your screens drenched with red, except if you are 100% short -- it is because there is so much money dedicated to equities that you are not going to see every penny leave here and escape to bonds. There are so many companies that are flush with cash that you cannot expect a total rollover. Some of these declines -- and the emphasis is strictly on some, because they are in the minority -- are actual buying opportunities created by the S&P 500 futures and their immense power to knock down stocks in thin markets like we have.

Take heart? Take heat: Yes, but keep looking. When things turn -- amazingly, they do now and then -- you get your chance.

Random musings: Today it hit me why I am sometimes really steamed at the Journal -- actually, it has hit me many times, but this time it felt particularly bad. They are more than happy to call an end to the mining party with an excellent piece about the problems of raw costs, accentuated by the folks who run Rio Tinto (NYSE: RTP) (Cramer's Take) after this morning's earnings. But did they ever invite us to begin with? Nah. You would have sat it out and with it, one of the great times we have had in many a year.

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RELATED LINKS:
Cramer: Food Stocks Will Tide You Over
AnnTaylor Gets a Just Dressing-Down
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Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. At the time of publication, Cramer was long General Mills, Procter & Gamble and Pepsi.