"What's the right thing to do? I think it's to raise cash," said Cramer.
The Mad Money host sees 7 catalysts that could roil stocks in the days and weeks ahead.
"Now, you don't need to panic," assured Cramer. Rather you should simply sell into strength; make that your M.O., at least for the time being.
1. Geo-political events involving the Middle East are unfolding by the minute. "We have no idea what's going to happen in Syria," Cramer explained.
2. "We have no idea who the Fed chief is going to be either," Cramer added. And if there's anything that Wall Street hates it's uncertainty. "Most of the people I talk to who are professional investors want Janet Yellen. But it seems like the President may go with Larry Summers."
3. Talk of a government shutdown will likely dominate the national conversation as lawmakers again grapple with debt limits. "Nobody, but nobody cares about the stock market in Washington."
4. Concerns about housing are growing incrementally worse. "Not only are homes not as affordable as they were but if mortgage rates go above five percent I believe home sales will get hammered," Cramer said.