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Media Contributed to the Market Mess

Jim Cramer
Jim Cramer
The Street.com
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With the psychology so bad, people sold for no reason other than the coverage. That was a mistake, especially in Microsoft.

Nothing happened.

The psychology simply changed.

Wow, I like that headline even more than my earlier one. When you see stocks, big-cap stocks, like Microsoft and Exxon, bouncing around like Mexican jumping beans, selling off and then rallying on the same news, you have to start concluding, as I have, that something is very wrong right now with this market.

People are way too quick to pull the trigger based on absolutely nothing.

Last night I was scrambling to find out what the heck was wrong with...

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