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Technical Analysis

Cramer: Will the Dow Reach 10,300

The Dow will not cross 10,300, Cramer said during Wednesday’s Stop Trading!. At least not until we get good news enough to justify it. While Cramer said he expects a correction, it won’t be on the level that Kass fears. “There’s just not enough bad to trigger that kind of sell-off,” Cramer said. “The market’s gone from being too cheap to too expensive without more data changing the underlying economic picture,” Cramer said. But “there’s no reason to panic, no reason to sell everything wholesale.” -cnbc

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