Jim Cramer: Don't Chase the Stock Market Rally, Wait for Better Entry Point

With the stock market rallying following a disaster of a week last week, Jim Cramer claims that now is the time for patience, not greed.
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With the stock market rallying following a disaster of a week last week, Jim Cramer claims that now is the time for patience, not greed. When you have a rally like this you are just chasing if you come in now. In fact, when you have a rally this big you have to wait for the market to rationalize, because getting in at the top is not the way to make money. Sure, if you don't participate in this rally there is a chance of missing incremental games, but that price is worth paying in a market as volatile as the one we are in now. The time to get in was last week, and it's likely best to wait for a sell-off in order to catch a better entry point. If it doesn't come down, you've simply missed it.