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RealMoney Radio Recap: Fake Out

Stock quotes in this article: PEP , LLY , MO , BMY , LVS , RSH , BOOM , MA , DGX , SGP  

"The same stocks that were up so beautifully at the end Tuesday are down so hideously today," Jim Cramer said on his "RealMoney" radio show Wednesday.

This is going to be a down week, he said, but yesterday's fake-out rally sucked a lot of people in. While some people want to get into stocks as they go up, Cramer said he recommends getting out when stocks go up and getting in when they go down.

Cramer said he advocates selling strength and buying weakness. People need to stay diversified, play defensive, buy consumer stocks and not be aggressive, he said. ...

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