Cramer's Wisdom

Cramer made some important points on Friday.  He talked about having good timing and also not to sell your total portfolio when markets go down.  You can sell some but not all when things turn bad because things will always turn around.  He also reiterated an important point he made some weeks ago: do an hour’s worth of research on each stock you own so you know what makes it move.  This is how I’ve been playing Walmart with some good results.  My recent loss on Walmart has made me tentative but I can still play the stock by going short when it is too high.  

“The most important thing you can do as an investor is never stop learning” - Cramer

http://video.cnbc.com/gallery/?video=3000104198&play=1