I watched Cramer on Utube. He was not acting. He was p****d and he was echoing what everyone wanted said. He will no doubt be considered the voice of the investment community after that. Not that he wasn't respected before that, of course not by all.
I'm not sure that Cramer made the interest cut happen but he did remind the Federal Reserve that the US population does not accept them lolygagging around waiting for the pain to happen in large doses. The FR made a big move. That is what is needed to stem this. What happens after the bloodletting stops is anyones guess at this time. Maybe a leveling off at lower market cap for a while is in the cards. The TSX should recover nicely today if Dow holds due to the Fed announcement. The buy in time may have passed...no one knows until the opening bell.
Good luck everyone.
MM