Cramer's 'Mad Money' Recap: Still Time to Catch the Move

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"For everyone who missed out on the 400-point rally yesterday and today, I have one thing to say: It's not too late, you've barely missed a thing," Jim Cramer said on his "Mad Money" TV show Wednesday.

The 50-basis-point rate cut is a reason to get in the game and stay in it, he said. As proof that it's not too late for people to get into the market, Cramer pointed out similar moments in history.

When the Federal Reserve realized the extent of the problems in 1990, for example, it was a great time to get in [the market], he said. "Since then, the Dow Jones is up 10,000 points."

In addition, looking back at 1998, when the Fed blinked, the Nasdaq rallied 110% straight off of that, Cramer said.

A lot of people are trying to talk this market down because they either were sitting on the sidelines, or were shorting, or thought the market was going to go down, he said. But now is not the time to get scared out of the market. People should not pay attention to these "Negative Nancies," Cramer said.

Don't listen to the theoretical issues people are going to talk about to try to get others out of the market, he advised. "We don't care about theory, we care about practice: the practice of making money." It's not that the theories are wrong, Cramer said, but they are irrelevant.