Need some tips for a bear market? Jim Cramer broke down his top 10 rules in his monthly call to Action Alerts Plus members.
Here are his 10 rules.
Rule One: "Circle the wagons around your favorite stocks and have some cash ready to buy more of them."
Rule Two: "Even in a big sell-off, you cannot lose your discipline for price."
Rule Three: "You cannot be afraid to cut and run on a losing position."
Rule Four: "Always keep your bullpen fresh."
Rule Five: "Scour the market for unique opportunities."
Rule Six: "Don't settle for stocks with an inconsistent management team."
Rule Seven: "There are no good houses in a bad neighborhood."
Rule Eight: Rely on technical analysts when everything else "goes out the window."
Rule Nine: "Don't lose sight of what can still work."
Rule 10: "Know thyself."
Want more of Jim's investing lessons? Check out Action Alerts PLUS, where Jim holds an exclusive monthly conference call addressing the state of the market and how the latest news can affect portfolio performance.