Hat Tip to Jim Cramer

 

Jim Cramer has an article on the CNBC website suggesting investors consider selling and building a cash position (link here).  He lists some near term risks.

I must take this opportunity to give Mr. Cramer some respect publicly. It is rare that a financial TV personality provides anything close to a sell statement or warning.  How about that?  Cramer and I agree on something.  Granted the Greedometers are painting a more concrete and ominous warning. But we’re on the same page.

Hap tip to you sir.