CNBC's Jim Cramer said Tuesday's sell-off was a result of poor judgment on the part of shareholders.
"The market won't bottom all at once — there will be some stocks that will bottom tomorrow — but I think this is a sell-off based on bad judgment, not bad earnings or a bad business environment," he said.
Other bullish investors stirred up market froth, buying up many tech companies with unclear business plans, he said.
In theory, Cramer said investors would be wise to sell some stock here and then buy it back at lower levels, but admitted that that plan is difficult to execute in practice.
"The market can't advance on froth without terrible consequences," he said.
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CNBC's Jim Cramer, Tuesday's, offsides, who'll, Cramer
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Dow Jones Industrial, Nasdaq, Federal Reserve