Jim Cramer throws in the towel

Posted Oct 06 2008, 01:28 PM
by Kim Peterson Rating:

I wonder how much influence Jim Cramer has on the markets. The host of CNBC's "Mad Money" went on the Today show Monday and told investors to get out.

"Whatever money you may need for the next five years, please take it out of the stock market right now, this week," he said. "I do not believe that you should risk those assets in the stock market right now.â€