With the energy sector taking a beating, keep in mind what occurs on June 1: the new hurricane season and what will happen with this sector at the first tropical depression and hurricane...Predictions are this season will be another active season...

B.R.I.C. is still a sponge vis-a-vis energy, metals, etc, Master Cramer preaches

Ergo, as Master Cramer advises: start buying quality companies on the extreme cheap for what is about to happen regardless the June FED action

The Wall Street selling benge by the various Wall Street herds can just as easily turn into a buying benge--It will come out of nowhere, so be careful with waiting for more "bottom" on a good stock you like--The CNBC Talking Heads will provide their usual blinding 20/20 hindsight--NOT FORESIGHT!