Fear of Big Sellers: Cramer's 'Mad Money' Recap (Wed. 3/6/19) [TheStreet.com]
Dollar Tree, Inc. (DLTR)
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Source: TheStreet.com
Fear of Big Sellers: Cramer's 'Mad Money' Recap (Wed. 3/6/19) Nothing lasts forever, Jim Cramer reminded his Mad Money viewers Wednesday. After a big market rally, things have gotten too good, Cramer said, and that's causing big institutional investors to begin to head for the exits. Cramer said the markets have begun to shift from FOMO, or "fear of missing out" to FOBS, or "fear of big sellers," as hedge funds begin selling to lock in their gains. Cramer recalled how he was in this very position at the beginning of the Gulf war in August 1990. His hedge fund had been long oil, and after the conflict began, oil prices spiked and he was able to lock in big gains. But as fears of a longer, protracted war with Iraq set in, the market began drifting lower. Cramer said he wanted to hold onto his favorite stocks, like Home Depot ( HD ) , but his partner, Karen Cramer, sold all of their positions while he left the office to grab a pretzel. Why? Because now that the easy mo
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