CRAMER nlod (new low of the day)

Jim Cramer was in panic mode Friday on CNBC as the market continued its dramatic downtrend in the late afternoon. He said things like "we have Armageddon" and "Bernake has no idea what its like out there." He seemed to contradict himself more than a few times and was clearly not thinking clearly. Certainly Cramer is frustrated with the market, or rather, frustrated with how poor his calls have been about the market (see NYX, his growth stock of the year). So this latest episode may not be such a surprise in that context. It makes one wonder how much longer he will remain on the air. If you don't know what Cramer is talking about in this clip, then you might want to take a look at this article he wrote Friday morning. We've all known that Cramer was a clown, but this is a new low for him.