Jim Cramer's 'Mad Money' Recap: Next Week's Game Plan
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NEW YORK (TheStreet) -- Investors need to expect the worst but prepare for the best, Jim Cramer said on "Mad Money" Friday from a safe place hiding under his desk. He said the markets panicked as expected today, but savvy investors should've been prepared for a selloff of this nature because they're a vital part of any long-term rally.
Cramer said he is taking problems in China and emerging-market slowdowns seriously, but also said the U.S. is in far better shape than when similar woes emerged in Europe a few years ago -- which means when the selling's over, it'll be a great time to buy.
That's why Cramer's game plan includes listening to Caterpillar
On Tuesday, Cramer said, he'll be watching American Airlines
Wednesday brings earnings from Biogen Idec
Then, on Thursday, it's 3M
Finally, on Friday, it's Abbvie
Off the Charts
In the "Off The Charts" segment, Cramer went head to head with colleague Bob Lang over the chart of Himax Technologies