The 'UNTHINKABLE' Just Happened to The Stock Market......

[00:00:00] Jim Cramer: the entire stock market is in free fall right now trading has been suspended once again amid unprecedented volatility and we just saw one of the largest trading platforms get hacked get your money out now or the advice of our trusted leader jim cramer which he just posted what you post jimmy here it is my friends that is the word buy now the question i have for my investors you said you wanted blood in the streets okay you got blood in the streets you wanted to buy when the market's down you buying it i keep seeing this in the comments section i'm gonna buy google when it's uh in in bear market or meta or tesla we get tesla down 30 40 percent amazon nvidia market cap 3.54 there's five of the seven 3.54 trillion dollars poof vanished you can pick up google it uh a 30 31 off intel in minutes 28.65 minutes you imagine just waking up one morning and looking at your portfolio remember it had all those digits in there and like it's gone not just that how about oh my gosh talk about gone like no like zero nothing is left and once again jim called it on this one i moved all my crypto to binance yesterday i mean if he cannot call the exact second this man is a trading genius also talking about crypto oh my gosh this is the million uh i said i i want to buy lower started nibbling here i had look how i just missed that that is a hundred and thirty two thousand dollar long almost looks like we're gonna have another swing at it with a uh a bear flag so i think that one's getting locked in just so you know i said i was taking a million dollars in this bear market and i'm gonna nibble here i'm gonna nibble there oh well then where see that see that right there and then right at 65 000 now you need to understand how i move money in gold in silver in oil in crypto is different than how i trade every day this is a click it and forget it i also trade it every day using a glitch and there are very few things that i am an investor on i like i like buying gold and silver low and it's going lower i've been saying this for a very long time even though i know what they tell you i don't listen to what they tell you take it as a grain a grain of salt 60 of the s p 500 is in a bear market that means 20 20 one of your fingers is gone when you look at your you're like yes barbara we hit a million ah shoot four of the magnificent seven stocks are now in bear markets territory intel whoo uh with these seven names erasing four trillion and guess what we lost today one trillion now the question is how much did you make this morning yeah actually just got an email this morning do you ever feel feel guilty yeah no not really when your heart's in the right place it's okay for the first 12 minutes walked away with 4 600 first week was 1500 learning trend lines and wedges last night after your videos taking notes this morning and enjoy your weekend now this morning what was set up this right here this is what happened this morning put in the short bam i'm like while we're doing it i'm snapping pictures you're gonna short it and you're gonna say i am going to bring it all the way down to right here but before you do that need to go where did that line come from well that's actually a support line that goes back what you want to do is carry this to here that is it these get fed hogs get slaughtered while this is moving towards that line you hit that line you walk away with 2140 but it's too far you have to measure from here to here that's it one here's uh again screen i like it when you guys send me your screen recordings up 410 you can hold that you can might even want to add to that if you feel confident up up 240 490 500 three see like i i'm happy walking away with 700 okay piggies get fed hogs get slaughtered still looks good i mean put in one more candle be careful on the amount of candles 7 10 650 i'm gonna oh oh there you go taking profit at the uh 1710 or you could go you know what 1100 is pretty good let's see what let's see what my student does come on you can hold through it hold through it let's see hold on and here we go uh five seven eight again 11. oh closed piggies get fed also if you want to step by step i'll show you how to do it i do this every morning it works i get emails i have 50 to 60 000 students it's 299 plus i throw in my ai course which is amazing all you have to do is come over here refresh your screen three percent oh my gosh actually mnq this is what i trade 3.2 do i see a uh are we gonna we gonna trigger anything and look at this play whack-a-mole i i i did then i had to go take a walk with my wife that was it for me it was like okay i know that's that's a b trade just set a little short right there and pray that it gets triggered and then you do it again right there and you hope that it gets triggered and right there right uh and there we go oh here is your nasdaq here is a nothing except markets go lower come up get rejected on the 20 rejected on the 20. same thing play some color changes here should at this point start to consolidate it's kind of interesting usually doesn't do this hey for my investors who just buy and hold or whatever you've been waiting for it here it is now it's like i'm a little scared what if it goes lower exactly but hey hey someone's telling you to buy uh jimmy you guys want to listen in maybe follow the directions of uh of of the the lord jimmeth speaketh um and then you click the buy button but again you don't have to do that just click the sell okay and then take profit you don't even have to go watch cnbc and all the stuff just learn this here here have a nice day rinse and repeat send me emails that it works so people know it works no it doesn't work if you do you if you do your take profit like here it didn't work did it you were a greedy little hog you had some revenge trading you had to make up like when you put those things in it doesn't work if you say this is my measured move that's it gucci or prada better than gucci now i know that that just happened live with me and a few seconds ago and maybe almost right now with you but bravo give us what what can we do now i know you're really good at predicting the past i'm good at predicting if i have to do this in the future okay so you want a future maybe find an etf that copies the cosby or a crypto coin then right here you click the sell button this is a gnarly left shoulder head and right shoulder it has not broken yet just make sure if you understand how to measure this please don't take it to the bottom be a little piggy and get fed oh and here's another one i have a watch list it's a dollar a day and it's not just a normal watch list it's a wa lots of watches lists when you want to swing down because you're under the 200 now here we go again we're all under the 200 so same thing just different button you click the one on the left it's red it'll say sell it would be like this you're under the 200 okay click sell click sell click sell confirm go this is a swing from the 20 right you don't want to do it that's that's a quickie that's just a whack-a-mole fine that happens a lot it'll you could literally set it right there it's like short it goes up up up up bing and then down like on my bitcoin look how close it almost triggered that i would have closed the position on i would have i would have taken the bounce he's get fed hogs get slaughtered but if it bounces and i walk away with a hundred grand thank you made a truckload i don't know if it was that one that one lots actually is a combination between me and the computer clicking buttons and how about that 6.3 billion i guess they grabbed a dude's laptop so was that a hack or was that an idiot uh largest crypto theft on record uh binance said it began recovering assets impacted by the breach and it's planning or pledging to cover the losses so there was that just so you know bitcoin did not get hacked coin has never been hacked ethereum yes other cryptocurrencies are [00:10:07] Speaker 2: sliding after what's being called the biggest crypto heist ever hackers making off with an estimated 6.3 billion dollars from binance the company said customer deposits were unaffected and the company expected withdrawals to resume for customers about 48 hours binance also pledging to cover all potential losses a blockchain analysis firm trm labs attributing it uh the break-in to an elite north korean hacking [00:10:35] Jim Cramer: unit called trader trader there you have it complete bloodbath uh in crypto no i mean not really if you think about look at intel 30 percent there's a view that are like that's why i hold gold and silver i do too larry it's okay we're all we're all in the same uh same same fight here by the way silver um as predicted you are uh now in the 40s look that's just that just keeps on going doesn't it as bad as the nasdaq whoo 0.3 that is spicy and silver down six percent we are at 44 dollars i had said you guys are coming we're coming down into this this area right here where we're at and then when it breaks that it goes to here people never want to hear that uh you can't go lower did you not understand that the fed go burr and uh money yeah i know all about it uh so you're currently at 44 you're now then where are you going to come again this is just this is how it how it works okay this is the first one 44 and then we come down here and we get this next one and this is going to be 35 bucks and then we get the next one which is 31 so you can always buy low it does help if you sell high i actually thought when i sold uh i sold right here it was that top right here oh hey look we're under it i know it was in the 40 it was the it was mid high 40s and some people are like all right you sold in the 30s i don't think so it was that run right there i wanted to sell the rest up there but nope wouldn't do it what is called peer pressure uh but yeah it was the way it was this whale that came on i'm like yeah no no no no got a head and shoulders left head right broke and everyone's like oh you're so amazing like i said yeah i mean 75 not all of it i got 25 just in in case it does this that that thing who would have guessed that it would have given that up i must predict the future because i have crystal balls that i come bring us the stock market best forecasting tool says returns over the next two years will be dismal so if you're into dismal you know just go ahead you can't go ahead because you already went ahead and uh everyone piled in at the top that's okay you know it's it's called uh god teaches you lessons uh the average u.s household equity allocation is at an all-time high at all-time highs you guys hold the bags i trade every day so i don't hold bags i say i'll take thank you for the 1200 every day and that doesn't bode well according to the single greatest predictor that would be time which i keep warning people about what if are you okay with 10 years of being down 20 how about 30 markets go through 30 years of ow wash away all the buy the dip please it's just so exhausting go back in time watch out below average household equity allocation s p 500 since 1951 oopsies 18 till your return ain't so good anymore all the fun that everyone has had well now 10 years not so fun kind of like drinking ethanol above the age of 30 alcohol and it you see back in the 20s and teens you know well if you could drink at 18 uh it depends on where you live right it's like this doesn't affect me and then the 20s you're like okay this is starting to affect me 30s you're pulling the fun over the next few days into right now i hope you're having a good time yeah everything good the 40s when you hit the 50s the 60s a glass of wine could throw you for three days like i just pulled three days into right now chardonnay is terrible why did i waste it on just an isosceles and they put that purple thing in it should have known because they kill oak trees i'm just kidding about all of that okay look it up anywho you guys trade these things and when you run out of things to trade i i do this every day for you that's why i film every morning and i'm like here here okay but i i i put my take profit why a piggy please or maybe some of you guys in the car yeah i lost i i saw it right okay you'll learn it's okay that's why i created a course step by step that's why i come here every day just for you and with that i will see you in the next trade