We just wasted 700 billion. If we would …

Comment posted Jim Cramer Tells People to Take Your Money Out of the Market NOW! by Gary.

we just wasted 700 billion. If we would have done nothing we would have had the same effect and it would be costing wall street instead of us. I am leaving my money there and wait for a rebound, which will happen. Look at history!!! The market has always made money in the long term.

***HG says***

For most people they will be getting margin calls forcing them to sell even if they want to stay in the market. You must already be 20% up, or in a mutual fund that has already done really well. I wouldn’t be surprised to hear of some funds going broke due to their own margin calls, unless they are taking short positions to stay afloat.

Good luck to you.

Gary also commented

• I am well over 20% up. I have been in the market for over 30 years. The times you gain more than cover the losses. If you are a short time investor, than get out and SELL. If you are a long term investor – well up – ride it out.

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