I finally got around to reading this blog post. I don't understand, they quote Cramer verbatim, but still screw up the fact that Cramer didn't say to sell "everything". Various people on TV and blogs have heaped such abuse on Cramer for telling people to sell everything in stocks the other day. He never said that.

It's very easy to criticize, and especially to pick on a TV show host. Why would someone with a show about picking stocks tell people to get completely out of stocks 6-12 months out? That's just not practical. That's like blaming Jerry Springer for bad advice about keeping a happy marriage and harmonious home life. If I were paying Cramer to be my personal financial advisor, then I certainly wouldn't be surprised if he suggested I reduce my stock exposure, maybe 6-12 months ago, but I would not expect that when he has a TV show about picking stocks.

Also from that same blog post, "If Cramer really doesn't "want people to get hurt," he should stop telling them to try to pick stocks and time the market and start telling them to just gradually invest in a globally diversified portfolio of low-cost index funds."

Actually, he does recommend just that for most people.