Cramer Orders Masses to Sell

At the beginning of his “Mad Money” TV show on THE SHOUTING CHANNEL today, Jim Cramer told his viewers to sell their energy and minerals stocks tomorrow (Thursday): “We raise some cash buy letting go some of our huge winners in oil & gas, in copper, in coal.” Cramer went on to tell his viewers to “ring the register”, don’t be greedy, don’t be a hog, and that you don’t have gains until you take them off the table. “Retail” investors like Cramer’s viewers got sucked into the March-to-May bear-market rally in large numbers. This was the first time net money flowed into US stocks in a year - see the chart here. Only the masses can cause a move like that. How much of this retail money has bugged-out already? There’s really no way of knowing that, but I’ll bet that it isn’t done yet. Cramer is usually late to catching onto what the market is doing, so he may be kicking off the final, thoug...