This week, the market is going to resemble Donkey Kong, where, like Mario, players will be jumping over barrels and avoiding getting burned in this gauntlet-like market, Jim Cramer said on his
"RealMoney" radio show Monday.
is slated to give three speeches this week, and there is a possibility that they will make the market even more difficult to deal with.
Every time the market goes down significantly you can do a little buying, but be cautious during a market rally, Cramer said. If you are not a trader, wait until the market is down a 100 and then buy a little.
Better days will come, he said.
Right now, the big television and media companies are embracing the Web, looking at podcasts and enabling access to archived shows.
"As innovative as these movements are, my view is that it's nonsense," Cramer said. "Here's why: the economics of the Web, for these companies just isn't there."
Advertising that comes from one TV show run is equal to weeks of advertising for the Web, he said. In addition, newspapers get more money from front-page ads compared with anything the Web can bring in.
"Unless you are an Internet company yourself, you can't make a go of it," Cramer said. Old media should stick to what it knows, otherwise it could face shrinking margins and ultimately lower share prices."
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