Cramer's game plan: It's time to sell, sell, sell
Cramer's game plan: It's time to sell, sell, sell Mad Money host Jim Cramer shares the game plan of stocks and events he will be watching next week, and says it is time to lock in gains and raise cash. There was no sugar coating it — Friday was a nasty day. Jim Cramer once again considered the market to be pure crazy town, with lower oil prices bringing stocks down. That seemed completely counterintuitive, as cheap oil should be like a tax cut for investors. But Cramer is still concerned. "Those big institutions who sell stocks off the falling price of oil are thinking that the lower petroleum goes, the more likely it is we will have big defaults in the high yield bond market," the " Mad Money " host said. This concept took a tone of urgency on Friday when investors learned that Third Avenue Focused Credit Fund barred redemptions because the market for junk bonds was too illiquid. This proved to Cramer that these types of junk bond funds are proving to be disastrous investments,Read full article from Cramer's game plan: It's time to sell, sell, sell
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