Quote from MKTrader:
Yeah, a day like this could easily be a short or even intermediate-term bottom...saying something is a top/bottom doesn't mean much. If this "bottom" holds for 10 days I guess he'll brag about it.
Now if he said we'll go on to make new highs for the year, that would be a little more gutsy. But I don't expect that from Cramer.
I guess the majority of people here on ET are "newbies" or others that have no technical analysis background whatsoever and need someone like Cramer to tell them whether or not the market "bottomed".
We had an outside reversal bar people!

That is THE MARKET telling you that a "bottom" is potentially in hand; just need a higher close tomorrow . . . but most here on ET need to watch someone on CNBC for validation.
Go figure.