Cramer tells 'newbie' market investors it's not too late to lock in tech stock profits

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Newbie investors beware. MadMoneyOnCNBC's jimcramer says new investors riding the recent tech highs should learn from 2000's woes.

, saying the only way to make money after the market's robust rally from coronavirus-era lows was to "take something off the table.", seeing the big sell-off in late February and into March as a buying opportunity.

"We didn't scream 'sell' enough in 2000. We can't do that now," Cramer said. "You should've sold then and therefore, maybe you should have sold now."Cramer said people who made fortunes on paper by investing in hot tech stocks during the dot-com boom saw their gains disappear when the market sold off.

 

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MadMoneyOnCNBC jimcramer the strong tech names will be fine. seriously do real work and have the conviction to stop blowing like the wind & avoid having the emotional stability of a four year old where will these names be in six months? 12 months? new ath’s this is factually NOTHING like 2000. relax

MadMoneyOnCNBC jimcramer The tech bubble is not a good comparison more like a crypto bubble people put money in multiple companies thinking all of tech would win then multiple went out of business. Betting on established companies such as Apple and Tesla is completely different.

MadMoneyOnCNBC jimcramer Shoulda sold last Tuesday, September 2, 2020 when all the talking heads were delighted with such a wonderful economy.

MadMoneyOnCNBC jimcramer Where was his works of wisdom weeks ago? LMAO!

MadMoneyOnCNBC jimcramer every generation needs a bubble

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