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NEW YORK ( TheStreet) -- The markets are developing a bad case of seller's remorse, Jim Cramer told "Mad Money" viewers Monday. He said that after seeing stocks they've sold only go higher, eventually investors just don't feel like selling anymore.
Somewhere the market's psychology shifted, said Cramer, and many sellers now find themselves kicking themselves for selling instead of counting their winnings. Cramer said he's been bit several times at his charitable trust,
Case in point, Boeing (BA). Cramer said he sold Boeing amid the last round of Dreamliner worries at $72 a share. While the stock did drop $1 afterwards, it turned and rallied to $82 despite the Dreamliner's new battery woes.
Cramer also noted McDonald's (MCD) as another botched sale. He said his sale at $85 a share was totally wrong because that stock is now near $98. The same holds true for Wells Fargo (WFC) and Southwest Energy (SWN). Surely natural gas would rally, thought Cramer, and it did -- right after he sold.Cramer said when seller's remorse begins to kick in on a wide scale, eventually sellers get tired of getting burned and stop selling, which then becomes a self-fulfilling prophecy as the supply or shares dwindles and prices tick even higher. That's where the markets are now, Cramer concluded, leaving his charitable trust looking for new entry points to get back in.