Why is Cramer saying to stay away from the markets?

Quote from shortie:

when did cramer say to get out? was it when dow was 20% higher?
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He was on the TODAY Show when the DOW hit it's most recent bottom 8000 saying sell your stocks so you have enough money to survive the next 3-5 years.

Then the Dow rally nearly 1800 points.

EDIT Actually let me quote him "I NEED YOU TO SELL"
 
Each candle on the below chart represents 3 months or one quarter.


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I notice there's about one thread started a day with cramer in the title. Shouldn't there be a cap on the number of threads cramer and his interns can start a day? Reduce a bit of the clutter, you know. It reminds me of the Timmay craze which afflicted the board for awhile. There are other obvious similarities.
 
Quote from Bushido:



To explain this further:

4 + 3 + 2 + 1 = 10
1 + 2 + 3 + 4 is also = 10



Cheers!!
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That is silly. The correct equation is:

4a + 3b + 2c + 1d = x
1e + 2f + 3g + 4h = y

where a, b, c, d, e, f, g, h are the prices you bought.

Obviously the average price of x and y are vastly different if you don't get timing right.

The correct answer to investing isn't when [which is what you are indirectly suggesting by your equations], but what.

nitro
 
I am not a trader but an active investor who is looking for the long haul and primarily ~30 stocks 20 fixed and 50 percent cash now. My retirement accounts are fully vested and I am buying stuff every week. (all equities now some preferred and some speculative)
At the SP 750-800 and the DOW 7000 ALL(speculating of the poster) this will be factored into the price and the markets. Likely, we shall have some insurers go under but Buffett is watching these and he knows a great deal more about reinsurance etc than Kramer or the combined brain trust of day traders here on ET. The average guy like me has a job( or a business), 401k and maybe speculates a little like gambling in Vegas, averaging into a 401K/IRA even if you are 50, is not a bad idea especially if you "think" you will time this market by catching the bottom. Empirical studies have shown that only very few and lucky can do that. Cramer is an asswipe and he says things self-serving as most idiots on TV.
Quote from Bushido:

While i don't have any respect for cramer. But anyways, Why do you want to catch a falling knife? What will you do if insurance companies start going under due to depreciation in their investments leading to losses in making payments to the insured? what about the potential crisis coming in alt-a's and SLM? (Btw a beautiful setup forming on SLM!! need i say in what direction!)

These may not happen, the crisis may end, but if you are averaging down right not, and the floor vanishes from beneath your feet, you loose, it will recover in its own time dont know could be 6 mnths or 15 years frankly I don't care for that far into the future its not my style. But this I do know, once it starts going up and you average up then it will cost you about the same to buy the same thing without loosing out on initial losses and time. Use you money somewhere else till then, unless you enjoy tying it up and having a loss works like an afrodisiac for you.

To explain this further:

4 + 3 + 2 + 1 = 10
1 + 2 + 3 + 4 is also = 10

Unless you are scared that you cannot catch the absolute bottom, in which case it would be marginally more expensive, and even if it is more than that will be far lesser than your opportunity cost.

Weigh your pros and cons. Best of luck either ways!

Cheers!!
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