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RealMoney Radio: Dow Milestone Matters

Cramer says that the Dow breaking 12,000 let's people know that wealth is being created.

"There's no perfect time to get in the market, but you need to get in somewhere," Jim Cramer said on his

"RealMoney" radio show Wednesday.

Although it might annoy people when he says that milestones -- such as the

Dow

taking out 12,000 -- matter, Cramer said his goal is to get people in the game.

"The Dow milestone lets people know that wealth is being created here in the stock market again," Cramer said.

The people who listen to him on the radio and watch his "Mad Money" TV show are already in, Cramer said. But Cramer believes that he needs to appeal to the millions who

aren't

involved.

The markets have been up more than 20% in three years -- this beats what people have made on their houses and cash, he said, adding that this should catch people's attention and get them into the game right now.

Unless people are from Chicago, they probably haven't heard of the

Chicago Mercantile Exchange

(CME) - Get CME Group Inc. Class A Report

or

CBOT

(BOT)

TheStreet Recommends

, but on Tuesday these two competitors decided to get together, Cramer said.

He believes these two exchanges merged because

NYSE

(NYX)

must have wanted to buy one of them.

"The urge of the merger here is because few industries are as easy to wring profits out of as exchanges," Cramer said. Investors know that "when these companies get together, you can fire a lot of people and raise fees."

It is very rare that two stocks merge and both go higher. But in this case, Cramer said that because there is only the need for two exchanges (one in New York and one in Chicago), market players can make money by owning either one.

To see the most recent edition of The RealMoney Radio Recap in its entirety, please click here. This recap is published every day around 3 p.m. ET.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for

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