Cramer Said "Circle the Wagons" But Did Not Recommend P&G

A significant omission, as every time in the last two years he has said "circle the wagons" he has recommended P&G, exclusively.

Are We Going Back to the Procter Carry Trade?

Selling the market short; buying P&G.

Perhaps. P&G is hardly down.

Back last August when the market collapsed, P&G was up and every day this worked.

Other factors with P&G:

fiscal year is coming to a close;

if dollar rises considerably, P&G's earnings go down.