Jim Cramer says the rally in the stock market over the last two days is a textbook example of why no one ever made a dime panicking.
On election night, Cramer heard several calls from commentators who told investors to sell everything several times. Investors that thought the market was on the verge of a financial collapse may have been inspired to sell everything.
"My job is to say that when you hear sell everything, that comment is, one, most likely wrong, and two, most likely meant for someone with no memory or who can accept a buy everything back pitch the very next day," the "Mad Money" host said.
For Cramer, it was the equivalent of yelling fire in a crowded theater. Investors that focused on the hype and not the substance were kept away from an amazing opportunity as the market roared higher in the next two days.