Developments on Thursday have Cramer watching for some stocks to sell-off. "Internationals and banks are going to be uncertain for some time to come," said the Mad Money host.
That's because Cramer no longer has confidence that the economic woes of Europe are a thing of the past for investors. That is, he no longer has confidence that Europe won't generate nasty ripples that pull down at least some US stocks.
From late summer until now, that was not the case. "And that was the right call," said Cramer. However, new developments that surfaced on Thursday have changed the dynamic.