Cramer: What it means for stocks now that the pros are taking back control from retail daytraders

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"The money managers have taken back control of the market. And they don't want to pay 100 times sales; they prefer to pay 10 times earnings," Cramer told CNBC's

pointing out that pros lately are avoiding high-fliers with lofty valuations in favor of less-flashy names tied to the easing of Covid mitigation restrictions on businesses.

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Pro Been a great since 2009 and last year and this has been the best ever. It's all about cycles.

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Pro You mean the suits(

Pro Ouch. Too soon.

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