TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer urges investors to let Wednesday's selloff run its course. 

"I like to let it come in - we'll pick at something for Action Alerts PLUS because I like when the market is down a percent to look for something to buy," Cramer said, referring to his charitable portfolio. "You've got to recognize that there are people who are looking for a reason to sell."

The recent bout of market volatility began last Friday amid fresh worries about Turkey's economy

 

More from Video

Take a Piece of Pie: Here's How Much Consumers Shell Out for Holiday Shopping

Take a Piece of Pie: Here's How Much Consumers Shell Out for Holiday Shopping

Hey Millennials, It's Time to Prep for Retirement

Hey Millennials, It's Time to Prep for Retirement

Striking Options: Volatility, Nasdaq, & Treasuries

Striking Options: Volatility, Nasdaq, & Treasuries

The Market Is 'Full Blown Bear,' Says Jim Cramer

The Market Is 'Full Blown Bear,' Says Jim Cramer

How Card Security Is Rapidly Changing For the Future: MasterCard Executive

How Card Security Is Rapidly Changing For the Future: MasterCard Executive