Jim Cramer thinks the decline in the averages on Tuesday made sense. It was logical, and even expected, periodically.
"Since we are in the thick of the playoff hunt, you have to view this market like the NFL. Sometimes a terrific team gets beat simply because it doesn't execute well. Individual players fail to play up to their potential, especially when you're on the road facing a vicious 12th man of a backdrop."
When the "Mad Money" host refers to a backdrop, let's take the Chinese market as an example. It had a huge run recently and was hammered on Monday night, down 5 percent. That's pretty jarring. Not as scary as the 12 percent decline in Greece—the worst in 27 years.
Ultimately, it was the individual stocks that rattled Cramer. Investors are used to Verizon delivering, so what the heck happened? It sunk 4 percent on Tuesday when it finally acknowledged the price war between T-Mobile and Sprint, and was downgraded by Baird due to competitive pressures mounting.