Investors may think the market is reaching a top, but I'm not buying it, Jim Cramer says

The rally has gone on so long that it's reasonable to think the market could soon hit a ceiling, CNBC's Jim Cramer said Tuesday.

"The important thing is what happens next, and this international weakness makes it a lot less likely that the Federal Reserve will raise interest rates," he said."So even though the media may characterize the data as bearish, the actual implications for our stock market are quite bullish." The host said his ActionAlertsPlus.com charitable trust has put buying on hold and trimmed some stocks that have run.

"As I pointed out last night, when companies like 3M and FedEx have disappointed, their stocks go down for a bit and then boom, they give us a decisive rally," Cramer said."So I'm not too worried about weak earnings if the stocks are down."Cramer dismissed the idea that stocks should go lower when crude prices rise.

Ulta Beauty and Chipotle shares have had strong runs over the past year — nearly 65% and 1215%, respectively.

This is the bear stearns moment for Cramer.

In the market, the top and bottom represent a relative problem, but the important thing remains in the optimum performance of the facility

Jim Cramer is the best contrarian indicator there is. SELL!

You just want more money Jim... You will say anything to get it

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