The extrapolations -- the pin action -- today are amazing. Let's go through them. First is oil. As oil goes up to the high $40s, you can get a lot of money flooding back to this area, especially because the lead story in the business section of The New York Times is "Wondering if Crude Could Fall Even More." When you layer on the incredibly bullish conference run by Chevron (CVX), with its massive replenishment call of 148%, people are extrapolating the commodity prices and CVX. That's a big deal. It also spread to infrastructure, where we are getting an increased likelihood that big projects that have threatened to be held could get back on track. Foster Wheeler (FWLT) is the prime example of deals on hold killing a stock. It can go higher with the rest of them. Next is tech: Last night, Texas Instruments (TXN) had some positive things to say about the inventories being low and some improvement in 3G demand. That's easily extrapolated to just about every semi and handheld business from Research In Motion (RIMM) to Analog Devices (ADI) to Apple (AAPL) and Skyworks Solutions (SWKS). Finally, there are the banks. First, Bernanke's ready to show forbearance on the banks by going "mark-to-market lite," meaning that there should be an adjustment in valuation against the lowest common denominator of real estate. That moves every financial and the faux financials like General Electric (GE). They are all battling strict mark-to-market, and if we got mark-to-market lite and forbearance, then the stocks are incredibly cheap and ready to roll. Then if you add in the Citigroup (C) numbers, the ones that show the quarter the best in a couple of years, you then have a remarkable extrapolation: If it is good for Citigroup, how great could it be for its brokerage partner, Morgan Stanley (MS)? How about how it could be for Wells Fargo (WFC), which said things are good? How about Goldman Sachs (GS)? It must be on fire. Throw in that the state insurance regulators are showing some forbearance on the beleaguered insurance companies like Hartford (HIG), Prudential (PRU) and Allstate (ALL), and you can see that rally having some legs! Oil, tech, financials: the tinder for a rally and a good one. Throw in one more point: We are getting some good news out of Washington, real resistance by Congress for Obama's agenda. I heard it last night from Jim Rogers from Duke Energy (DUK), who was saying don't give up on a more lenient cap-and-trade. You hear it from a bunch of senators in the paper, including Democrats. Resistance to the agenda is worth 300-500 points here. It really matters. And it is happening. At the time of publication, Cramer was long CVX, FWLT, WFC, GE, MS and GS.

From a recent Mad Money show:"This is a band-aid situation. Take the pain, slap on a band-aid and keep on buying. I want to pull the trigger on JNJ."

From a recent Mad Money show:"This one has been annihilated and it isn't over. This one sees $20 before I'd pull the trigger."

From a recent Mad Money show:"No, no. That's one where the yield is flashing "danger, danger." I think even at these prices you have to sell, sell, sell."

From a recent Mad Money show:"I've got stocks like Verizon (VZ) yielding 7%, I can't go down that road. This market is too awful for that."

From a recent Mad Money show:"I'm not worried about the yield. I want to pull the trigger. I don't know what else to say."

From a recent Mad Money show:"I like Hasbro: 52-week low, everyone's given up. I think this is a decent level to own the stock."

From a recent Mad Money show:"I know the company well, but it's right in the crosshairs of Obama. I say stay away."