We can all agree that Monday was uglyNow that markets have declined from their highs, it's time to create a game planThe first step in that plan is to find the next likely area of major supportFirst, a little perspectivePoint A represents the S&P 500's high in the year 2000. Point B represents the highs of 2007. Point C is where we are located now
Read the full story and get access to the Real Money Pro trading floor.
There's no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.