Cramer points out that it is time to get long stocks…here is his piece from RealMoney:

OK, this is really important, one of my most beloved indicators, the bull-bear ratio, has hit a level that simply means you cannot have a big hit to this market, and that level is the 36% bull level. I know I am not a chartist, but I have sworn by two technical indicators all my trading life: the S&P Oscillator and the bull-bear ratio. Any time we get severely oversold, I hold my nose and buy, any time we get the bull cohort below 40%, I have to buy something, and when it gets too close to 35%, you have to cover all shorts and get long. That’s where we are right now. This is a very major piece of data that should encourage you to find something that you want to buy here. I think you need to go over which quarters were the best, and buy…

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