The way it's going, the stock market may never again fall 5% over the course of a week.

Therefore, it's time to show some respect to one big call on the market made by billionaire Warren Buffett.

Recently Buffett said he thought the Dow would reach 1 million in value in about 100 years. The Dow is at about 23,000 now. It would be hard to argue against anything Buffett predicts on investing and markets. I mean have you seen his portfolio of stocks and long-term investments? The guys looks like a genius (again) for holding Apple (AAPL) - Get Report throughout a volatile 2017, for example. As RealMoney contributor Bob Lang pointed out, the call by Buffett isn't that outrageous -- on a compound basis the prediction assumes about a 4.7% annualized rate of return. At its current pace, Dow 2,000,000 over the next 100 years seems more likely...

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How to Make Money Off IBM's Unexpected Quarter

Hat tip to TheStreet's Jim Cramer on his call on IBM in August:

OK IBM (IBM) - Get Report , you showed us a couple things with your third quarter. Chief among them is that you aren't dead yet after endless revenue declines and cost-cutting. Secondly, that even a long struggling company could post a surprise quarter amid strong new product launches nobody was really thinking about. And finally, there are ways to trade off your otherwise shock quarter.

Here is how to position off IBM's numbers: Dust off that Microsoft (MSFT) - Get Report long trade. If sleepy old IBM had a good quarter in the cloud, there is no reason to believe Microsoft didn't deliver a sales number that's even sexier. Microsoft, unlike Amazon (AMZN) - Get Report , offers up a dose of predictability around earnings (who knows what Amazon is investing in these days that may offset its cloud strength). A companion trade would be in the cybersecurity space. One of IBM's standout areas in the third quarter was its cyber-security platform. Given the barrage of hacks this year and Corporate America trying to prevent the next one, Palo Alto Networks (PANW) - Get Report likely got its fair share of business in the quarter.

Honorable mention trade on cyber-security: BlackBerry (BB) - Get Report .

Now get out there and trade people. Dow 1 million is coming!

VIP Sightings at TheStreet

Jim Cramer has been friends with Dylan Ratigan for some 30 years. The two recently got together for lunch at TheStreet.

They discussed the old days when they were both reporting on the markets. Enjoy the video above.

Apple is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AAPL?Learn more now.

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Join Jim Cramer, CNBC's Jon Najarian and Other Experts Oct. 28 in New York

Jim Cramer will host CNBC's Jon Najarian, TD Ameritrade's JJ Kinahan, famed analytics expert Marc Chaikin and other market mavens on Oct. 28 in New York City to share successful strategies for active investors.

You can join them as they discuss how smart investors can make the most of options trading, futures contracts, fundamental and quantitative analysis and great ETFs to buy right now. Participants will also get a chance to meet Jim and other panelists and take photos.

When: Saturday, Oct. 28, 8 a.m.-3 p.m.

Where: The Harvard Club of New York, 35 West 44th St., New York, N.Y.

Cost: $250 per person.

Click here for the full conference agenda or to reserve your seat now.

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