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How Does This Market Compare to '87?

Tuesday, 9 Aug 2011 | 7:37 PM ET
Confessions of a Street Addict
It is better to be lucky than good, says Mad Money host Jim Cramer.

After several wild market sessions, the Dow Jones industrial average on Tuesday swung in a 640-point range. The Dow collapsed 600 points the day prior, but is there really something hideously wrong with the market? Is the market getting these moves right?

A lot of people have been asking these questions, Cramer said on "Mad Money." Many people are even making comparisons to the 1987 stock market crash.

To see whether the market had this recent move to the downside right, and determine just how similar this market is to 1987, Cramer went "Off the Charts." Watch the video to see his full report.




Call Cramer: 1-800-743-CNBC

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

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