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Jim Cramer is publicly panicking again. The Today Show reports:

Bullish investors should turn into shrinking violets as the stock market continues its shocking downward spiral, CNBC’s “Mad Money” host Jim Cramer told Ann Curry on TODAY Monday.

In what Curry called a “dramatic statement,” Cramer emphatically urged any investor who has money they may need in the next five years tied to stocks to pull their dough out.

“I thought about this all weekend,” Cramer told Curry. “I do not want to say these things on TV.

Each time this year Cramer has gotten this despondent we’ve seen at least a trading rally. Will the “Sad Clown Indicator” strike again?

Jim Cramer: Time to get out of the stock market
Michael Inbar
October 6, 2008