Cramer Remix: The 5 events that triggered the massive sell
Jim Cramer
As the stock market plunged on Monday  taking the Dow Jones industrial average down almost 1 600 points intraday   CNBC's Jim Cramer  wanted to help investors assess the drop.
"I hate to sound glib here  but ... we were due for a decline. We just were " the "Mad Money" host said. "Markets do not go up in a straight line. "
"Despite the large  scary red numbers you see on your screen  the truth is that these things happen. You've got to be ready for them ... at all times  " Cramer  said.
First   Cramer  analyzed the causes of the sell-off. Bullish exuberance  rising interest rates  declines in key stock sectors and weak-handed shareholders all contributed to the losses  but Europe really "got the ball rolling "  he  said.
As the stock market plunged on Monday  taking the Dow Jones industrial average down almost 1 600 points intraday    [TGT] wanted to help investors assess the drop.
"I hate to sound glib here  but ... we were due for a decline. We just were " the "Mad Money" host said. "Markets do not go up in a straight line. "
"Despite the large  scary red numbers you see on your screen  the truth is that these things happen. You've got to be ready for them ... at all times  "  [TGT] said.
First   Cramer  analyzed the causes of the sell-off. Bullish exuberance  rising interest rates  declines in key stock sectors and weak-handed shareholders all contributed to the losses  but Europe really "got the ball rolling "  he  said.