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Jim Cramer's Action Alerts PLUS -- AET CMCSK HCA PRU UNH WFC C

I continue to like this market very much and have been tempted to put my last cash to work.
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Tuesday, March 19, 2002 12:27 p.m. ET

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Dear Action Alerts PLUS Subscriber,

No need to take any action on this bulletin, I just wanted to let you know that I continue to like this market very much and have been tempted to put even my last $90,000 to work, but I regard that as a minimal cash position.

My options today are to buy Aetna (AET) , Comcast (CMCSK) , HCA (HCA) , Prudential (PRU) and UnitedHealth Group (UNH) . Not one of these is below my basis, an important consideration for me.

Still, my point is that you are going to hear that once the Federal Reserve changes its bias and goes to tightening, it will be the time to sell. The only stocks of mine that I regard as vulnerable to the Fed's early moves are Wells Fargo (WFC) and Citigroup (C) .

And I would be a buyer of either if they came down.

Stay the course.

Regards,

James J. Cramer

Editor's note: We listened! In response to popular demand, we've started including tickers in the subject line of each Action Alert PLUS email. Thanks for your feedback.

DISCLOSURE: At the time of publication, Cramer was long Aetna, Comcast, HCA, Prudential, UnitedHealth Group, Wells Fargo and Citigroup.

These Action Alerts are intended to provide opinions about and analysis of stocks and markets. They are not intended to provide personalized investment advice. DO NOT EMAIL CRAMER SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Cramer welcomes your editorial comments at jjcletters@thestreet.com.

James J. Cramer is a Markets Commentator for TheStreet.com and CNBC, and a director and co-founder of TheStreet.com. TheStreet.com is a publisher, and neither we nor Mr. Cramer is registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. From time to time, Mr. Cramer may write about stocks in which he has a position. In such cases, appropriate disclosure is made. Mr. Cramer must hold all securities in his Action Alerts PLUS portfolio for at least one month. In addition, he is not permitted to buy or sell any security he has spoken about on CNBC for five days following the broadcast. Mr. Cramer's Action Alerts represent his own opinions and should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. He cannot and does not assess, verify or guarantee the suitability or profitability of any particular investment. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. Please note: Effective Feb. 12, 2002, the holding period for securities in Jim's Action Alerts PLUS portfolio changed from four months to one month.