Henry Blodget: Should You Really Panic And Sell Everything Like Cramer Says?

On the Today Show Monday morning, Jim Cramer told investors to sell everything and get out of the stock market. A Wall Street friend described this as the market's "Munchian scream moment." "I thought about this all weekend," Cramer told [the Today Show host]. "I do not want to say these things on TV...Whatever money you may need for the next five years, please take it out of the stock market right now, this week. I do not believe that you should risk those assets in the stock market right now"... "I don't care where stocks have been, I care where they're going, and I don't want people to get hurt in the market," Cramer told Curry. "I'm worried about unemployment, I'm worried about purchases that you may need. I can't have you at risk in the stock market." Still, those with the assets -- and the stomach -- to ride out the... [read full story]                    

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