Jim Cramer says investors should be ‘playing the waiting game' until the Fed makes a move

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Jim Cramer says investors should be ‘playing the waiting game' until the Fed makes a move
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CNBC’s Jim Cramer told investors not to make any major moves and listed impatient mistakes that he thinks many are making.

As Wall Street braces itself for the results of Friday's labor report, CNBC's Jim Cramer told investors not to make any major moves and listed off certain mistakes that he thinks many are making.

"We're just playing the waiting game, with all extremes off the table," he said."Sometimes it's okay just to sit on your hands, watch some football, hey, even read a book—anything other than trading, at least until we get more clarity from the data and the Fed.""We're just playing the waiting game, with all extremes off the table," he said.

"People keep making a ton of mistakes here when they really should just be sitting on their hands. Sometimes the best you can do is absolutely nothing," Cramer said."Instead, they're acting out every possible fantasy and nightmare when it comes to the market, and not only is it tedious and foolhardy, it's very expensive for anyone who's running with this non-strategy.

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