"I'm trying to figure out, if we did everything wrong, where we would go, and I can't get below 5,320" on the Dow, said Jim Cramer on Friday's "Stop Trading!" segment on CNBC.
He said that Dow 5,320 is his "absolute bare-bones worst-case" scenario. He arrived at the number by imagining what would happen in specific worst-case scenarios, including Procter & Gamble(PG Quote), at $44.72 in afternoon trading on Friday, sinking to $36, and Coca-Cola(KO Quote), at $38.58 on Friday afternoon, also "going down that far."
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The scenario imagines Verizon(VZ Quote) "going all the way back down" and IBM(IBM Quote) "giving up much of its gain." ...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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