NEW YORK ( TheStreet) -- "As stocks go lower, it makes less sense to sell them, Jim Cramer told viewers of his "Mad Money" TV show Wednesday as he opined on yet another abysmal day on Wall Street. Cramer said the market is getting too hated when compared to how companies are actually performing. Cramer said the markets are a self-correcting entity. He said fears and worries cause selling, but that selling will eventually end when either prices fall to a level when the bears are converted back into bulls or when there simply aren't any more bears left to sell. He said the markets may have not reach either of these levels yet, but stocks are among the cheapest Cramer's ever seen them. Cramer said investors need to keep in mind that stocks represent real companies with real values. And while the banks may be tied to the financial woes in Europe and the tech stocks may be in a seasonal slump, the rest of the market shouldn't be as low as it currently is. Cramer said only two companies, Scott's Miracle-Gro ( SMG) and Owens-Illinois ( OI), have reported actual disappointments this quarter. Everyone else is still doing OK. According to the latest investor sentiment numbers, nearly 63% of all investors are bearish on the markets or feel we're in a correction. That's a high number, he explained, which means that most of these bears either are selling or have already sold. That doesn't leave too much further to fall, he concluded.