01-14-2016, 12:34 PM
Finally, the market became so oversold on Wednesday that Jim Cramer thinks investors can start to pick their favorite stocks again. And while the market didn't bottom, there were real signs of capitulation. "I am not saying that a bottom has arrived … but I am saying that for the first time since this hideous decline began, we are beginning to see some of the necessary ingredients that make a bottom possible," the "Mad Money" host said.
Cramer: Market oversold—start picking these stocks - Yahoo Finance
On the one hand he has a point, as most stocks are waaaay more down than the index, but still we think we'll test the September lows, although Cramer doesn't exclude going lower either.