Now I am getting nervous… Cramer wants me to sell everything?
Check out this post Henry Blodget: Should You Really Panic And Sell Everything Like Cramer Says?:
"On the Today Show Monday morning, Jim Cramer told investors to sell everything and get out of the stock market. A Wall Street friend described this as the market’s "Munchian scream moment."" (from: from Huffington Post: Front Page)
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October 7th, 2008 at 7:28 pm
If you actually read the quote from Cramer, he doesn’t say you should sell everything. What he says is that if you have stock holdings that you were counting on liquidating for income within five years anyhow, you should sell that portion of your stocks now.