Wait Until We Get Oversold Again By Jim Cramer About this article: Look, it's a first-class beat-down. Ugly as all get out. But could it not be foreseen? Did anyone doubt the artificial nature of the last two days of the run? We deserved to be up for filling the Citigroup black hole and because we were so oversold. But did we deserve the biggest rally in 30 years? Did we deserve a 20% move? I don't think so. There is no doubt that this market is awful. There is no doubt that the rally we had last week couldn't be sustained. But this selloff could run its course higher than the last selloff because of potential ECB/BOE cuts and more cuts from the Chinese as everyone is well aware that things are falling apart at the seams. Plus, while deflation is all around us and unemployment is going to be very tough, we are getting to the point where gasoline is so... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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