Perhaps Cramer is getting to much credit here. After all, Europe and Asia were down big time overnight and S&P futures were down 270 points before the market open. Personally, without the help of Cramer, I set up stop loss orders over the weekend. It doesn't make much difference whether is is hedge fund selling, lack of confidence, bad news, scary headlines or just plain fear. The impact to ones holdings is all the same. Understanding it, doesn't make the reality of any better. Enough is enough. Personally, I think what happened was the music stopped and a lot of folks heard a wee small voice say.....going down!
The Cramer Crash? [View article]