It doesn't take much money to sway the stock market, Jim Cramer said on TheStreet.com TV's Wall Street Confidential video Webcast Friday.
In fact, when Cramer was short stock during his hedge fund days, meaning he was betting the stocks would fall, he would look to create a level of activity beforehand that could drive the futures lower, he told Aaron Task, the host of Wall Street Confidential.
Conversely, when he was long and wanted to make things "rosy," he would commit $5 million in capital to a handful of stocks and make sure they were higher, Cramer said. However, as the market is bigger now, an investor would need $10 million to knock stocks down or drive them up. ...
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