Didnt Cramer blame hedge fund redemptions today on the down market?
If redemptions were the reason, then why should we buy on Monday? Im sure if redemptions were the reason then the selling would continue until the end of the month or even well into January. Maybe he is reasoning that redemptions only happen the first of the month and then after the 1st, no more.
Cramer went to Harvard??? I think not. His logic cannot be followed.