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Buy the China Selloff

By Jim Cramer

 About this article:
 China's spoken: "America: Sell off." So we will. The big steel and coal companies that are levered to China and the small biotech companies and restaurant chains that have no China exposure at all. The fertilizer companies like Potash and the regional banks like BB&T . Caterpillar and Johnson & Johnson , as well as all the oil names despite the biggest consolidation -- BJ Services by Baker Hughes -- in years. We all fall down. To which I say, live by the Chinese sword, buy by the Chinese sword. On days like today I hope the futures take Procter and Altria down -- two companies with little and no exposure in China. I have to see if Union Pacific will let me back in, or maybe 3M . No hope that Freeport will ever get back to where I...

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