Cramer's 'Mad Money' Recap: Plight of Money Managers (Final)

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NEW YORK (TheStreet) -- "The markets have entered 'get long or be wrong' territory," Jim Cramer told the viewers of his "Mad Money" TV show Tuesday.

He said with the S&P 500 now up double digits for the year, professional money managers are pouring money into the markets, pushing stocks higher on even the weakest of days.

Cramer said the markets should've opened lower today by all indications. But despite the negative indicators, the bulls raced in yet again and began buying at any sign of weakness. Why? Cramer said the pros can't ignore the averages any longer and have to put their money money to work or risk being left behind.

Cramer said money managers can't sit on their hands any longer and need to be fully invested. That means buying into stocks on even the weakest of selloffs, like today's. Cramer said he saw the pattern in stocks like Apple (AAPL Quote), Joy Global (JOYG Quote), Mastercard (MA Quote) and Potash (POT Quote), all of which opened lower before buyers stepped in launched them higher.

As a former money manager himself, Cramer said he fully understands the urge to keep buying stocks like Bank Of America (BAC Quote) and Wells Fargo (WFC Quote), two stocks which he owns for his charitable trust, Action Alerts PLUS. He said fund manager's cannot afford not to own these red hot names.