It was checkbox galore on Friday, finally!
On Monday, Jim Cramer released his checklist of 10 steps that needed to happen for the market to reach a sustainable and investable bottom. As of Friday, the "Mad Money" host thinks investors are in the clear to do some buying again.
"We got movement on every single issue I have needed to find an investable bottom, and that's exactly what we might have found here," Cramer said.
To review the progress on Cramer's checklist, every group was hit this week, finally. It wasn't just tech and oil, but other areas such as high-yield, utilities and safety stocks that took the plunge. That is a good sign in Cramer's perspective, as there was finally no place to hide. Check!
Though there won't be a true end to the Ebola scare until a vaccine is created, President Obama put focus on the epidemic and provided the country with assurance when he appointed Ron Klain the "Ebola Czar." Check!
Speculative stocks were also hit this week, when Netflix dropped 19 percent on Thursday. Check!