Cramer's 'Stop Trading!': Faith in Fed

Jim Cramer says that the Fed today assured us that it won't let anything bad happen again.
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"I'm surprised the market isn't up more," said Jim Cramer on Tuesday's "Stop Trading!" segment on CNBC. "This is monster. This is what I wanted."

He said that the

Fed's

move to cut interest rates today is its way of saying "by any means necessary." "This is a watershed moment. This is

Fed Chairman Ben Bernanke saying, 'You might as well get on board, because we're not going to let anything bad happen again,'" said Cramer. "I've got to tell you, I thought this was great."

Cramer said that now the "dollar's going to go down," "the banks are going to fly," and "mortgage rates go to 3.5%." "Go buy some real estate," he said, "That's going to keep its value more than anything."

"This is big!" Cramer exclaimed -- so big that "I want to buy

Citigroup

(C) - Get Report

!"

At the time of publication, Cramer had no positions in stocks mentioned.

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