'History is very clear: It says you must stay the course,' the 'Mad Money' host said Wednesday.
CNBC's Jim Cramer told investors that they shouldn't lose faith in the market's ability to recover after Wednesday's declines.CNBC's Jim Cramer told investors that they shouldn't lose faith in the market's ability to recover after Wednesday's declines.
"History is very clear: It says you must stay the course. The S&P 500's already had a successful 50% retracement of its huge decline, and in the 21 times that's happened since the Great Depression, it's meant the decline is over every single time," Cramer said, noting that the averages retraced 50% of their post-November decline after yesterday.
"Could this time be different? Sure, but don't ignore the very real possibility that good things can happen, too," he added.
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