Jim Cramer told viewers of CNBC’s “Mad Money” TV show Thursday that the markets will not trade below the lows from July 15. He gave out the following six reasons for the market to hold those lows.

1. A bottom is forming in the housing stocks, signaling a bottom in the housing market that he thinks  could happen in 300 days.
2. The Federal Deposit Insurance Corporation has announced a plan to fix ailing banks, allowing stronger entities to buy good assets while the government assumes the bad loans.
3. Both presidential candidates are likely to lower individual tax rates, which will help spur consumer spending.
4. Commodity prices have crashed across the board, helping to lower the raw costs for every company that uses commodities.
5. The price of gasoline is coming down even lower than Cramer first thought.
6. The stock of Wal-mart (WMT), which is where millions of people shop, is showing some strength. Join the fastest growing community of small cap investors at Stockhideout.com