"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), at $44.72 in afternoon trading on Friday, sinking to $36, and Coca-Cola ( KO), at $38.58 on Friday afternoon, also "going down that far."

Cramer Responds To The White House
Cramer's situation also imagines Disney ( DIS) at $12, from $15.38 on Friday afternoon, and DuPont ( DD) eliminating its dividend and heading to $11, from $16.69 on Friday afternoon.

The scenario imagines Verizon ( VZ) "going all the way back down" and IBM ( IBM) "giving up much of its gain."

It also imagines Citigroup ( C) staying around $1 and Boeing ( BA), at $29.63 on Friday afternoon, going to $24. And it "uses a $5 price for JPMorgan ( JPM)," which was at $15.33 on Friday afternoon.

"Is this bullish? I don't know," said Cramer. "After that horrible, miserable analysis, I still get the 5,320."
At the time of publication, Cramer was long JPMorgan Chase.

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