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i'm jim cramer. welcome to my world. i'm jim cramer. welcome to cramerica. other people want to make friends. i just want to try to make you money. my job is not to education, but to entertain. so call me. hey, how can this market go up when the news is always so negative? i look at the first page of the business section of "new york times" today, uh-oh, troubled airlines, airlines already suffering, the airline industry is in the midst of one of its most wrenching summers ever, and

the fall/winter may even be worse. how about the front page of the times? obama's choice of auto woes is leaving post. what's this one about? how the woeful auto industry lost the man who will turn it around? like anyone could? one of the most wrenching summers for the airlines. how about the last 80 summers? when was the wright brothers thing? the trouble with auto industry losing its savior, can henry ford die? you know? woe is not me. these stories sound scary, but i don't think they count as real news. what is real news then? not what the press decides to highlight, but the stories that are surprising, the ones that you couldn't have anticipated, unlike airlines and autos. the items that are, well, new.

we know good news doesn't sell papers, but preferring to offer nonnews this is like d.a. probes rackets rather than the real thing. how is the troubled airline news or trouble auto industry news? they're the focus, but the airline industry has been in trouble since the day it was born. bankruptcy a practically a resolving door somehow these are the big stories on tuesday july 14th, 2009. i don't think it's even news anymore. the papers might as well say dog bites man. so since you're not going to hear it anywhere else, let me tell you the real news, why the market goes up on days like

today. the real news, the stuff that genuinely shocks people -- i'm talking about the stocks that moves up stock, it is stuff that moves up your portfolio. that kind of news. last night, csx, the best-run american railroad reported a hugely profitable quarter in spite of a decline in revenues. if your job is to sell papers, if you don't have a story where you say csx is even better, especially since csx is an industry that used to become deeply troubled whenever we entered a recession. in the past, this company and others like it will be producing huge losses at this point in the cycle. not big earnings beats, but it's a rail, an industry no one cares about, in a story that sells papers as the economy coming off

the rail. did they have it? i think they might have written about it. oh, yeah, look at this. six inches offive today, while the deeply troubled industry -- believe me, six inches of ink in this game is mince school, and in the newspaper business, size matters. how about novell. here is a company in one of the most cyclical industries in existence. it should be begging the feds for bailout given how bad that business has been in. it's worse, i struggle, i struggle, and i figured it out. it's actually this industry is worse than counselor in training, which is what cit stands for, by the way. but novell saw a terrific up tick, and it's weathered the downturn spectacularly. 40% of its market cap is cash. it might as well by a bank.

that's news, but if you're in the news business, you just don't have a story about the great cob this company has done surviving the multiple lean years. what's more surprising is the industries that were in decline when i got into business are now in trouble. is that surprising? no. why have not the ceos of novella and csx had their lungs ripped out? the answer -- they took out costs, made the hard decision, and go back and the case of novell expanded overseas, and csx made it more efficient and the managers of these companies did the opposite of their counterparts in the auto and airlines industries, assist

that's why they're able to make money. i think that's news. if if you want to have hope of making market, i want to see stories like these two. not the same stories about the airlines and autos that i've been reading for the better part of the last 30 years. you need to know about the first kind of stories to understand -- the kinds in this market. this is inconsequential. great picture, though. it's just not news -- look at that. fedex, that's not even a regular airline, but i guess, geez, that's wipe that out. it's not news when dell, a terrible company, and others screw up again. you can't take your cue from the worst company in the industry. dell's flubs aren't news anymore

either, what's in it for me? what's in it for you if the papers want to focus on the same stories instead of real news? companies not being killed? because if i don't step in here, then the papers will color your view of the market and you're going to be wrong. my job isn't to sell papers, it's to help you try to make money and become a better investor. i am not being a pollyanna here. i am a realist. this stuff is unrealistic. their mission is directly at odds at mine. there's no editor in the world that will say this is not news when it comes to the airline woes, because stories about airlines have always attracted readers. i've seen the numbers. by the way, stories about car companies, they poll very well, too. they get readers ease attention. rail stories, semiconductor stories, they poll horribly. who cares? i do, and anyone that wants a feel for what's going on, not just in the stock market, but in the entire company should care, too.

it's nuts that you think you should ever own one, it's also news that mineral companies like freeport mcmoran, that they're doing well. the whole end his heartbeat from washington. if you only paid attention to the press, you would think they're great shorts. you used to sell the minute practical companies, but now they're working, a real break with the past. again, i regard this as news. actual news. and the immediate use will never focus on it, because news is about another country, china, not us. we're just starting to realize china has passed us, because we are capitalists who believe in social and financial engineering, while the communist chinese are just about engineering. the bottom line -- don't let the stories about this or that troubled industry get you down. the industries that are troubled have been troubled forever,

there are no revelations, there is no news there. the papers aren't meant to make you money. it's not in the job description. it's my mission to keep you from losing money because you're paying too much attention to the wrong sources and not noticing any of the truly shocking positives coming out of companies that shouldn't be positive right now. i have to keep you in the game, not out of it. the real news is major american companies that you've never heard of and can't buy more than six inches of ink are making fortunes when they used to lose fortunes, back when every cyclical companies were as woeful as the woeful airlines and the autos. not anymore, and that fact, not these stories about auto or airline woes is worth trading on and investing in. trent in california. >> caller: hi, jim, this is big bear area boo ya from san francisco. >> good pitching, too. san francisco good pitching. >> caller: i'm curious about trinity industries.

they're a railcar manufacturer, but also diversified in other sectors like manufacturing infrastructures, and leasing railcars. is that a good move for them? >> okay. the problem with trin legitimate is what they did -- this is one of those companies, by the way, you have to have an unbelievably smoking economy in order to buy -- to have companies need more railcars, and they don't. trinity went and did something that i thought was really good. they went aggressively into windmills, into turbines, and that business has also dried up, because oil as come down a lot. so trinity is not where you want to be, even though conceptually it might be right. bob in alabama, bob? >> caller: jim bo, how are you, sure? >> not bad, sport. what's up with you? roll crimson? s.e.c. violations? go ahead, bob, you're up.

i got your attention, but it's the right s.e.c., not the one in washington, but the one that matters. >> caller: kbr, they've had a high cash per share holding. >> yes, they do. >> caller: but only paying a 1% dividend. they had a big order backlogged, but just lost a contract to flr. given the current economic political turmoil, how do you think their earnings will be from here on out. >> again they're infrastructure, and i am not recommending any infrastructure company es right now, i even got off the fos are wheel irbandwagon. i think oil is headed to 45 or 55, so even though kbr is in a terrific cash position, i won't tell you to buy it. todd in north carolina. >> caller: hey, jim. >> what's up, buddy?

>> caller: a two-part question about the same stock. first risk of -- >> accidentally a bad quarter. we don't want to touch that. i mean, that company just had a bad quarter, my friend doug cass, who writing with me at realmoney.com, said this one is not to be shorting it. i don't want to be touching it. if the yield's not high, it's only 2.3. we've got a lot of better fish to fry. don't let the negative people who put out papers, troubled airlines brace for new woes. you know what you do? when there's a summer day and there's nothing to write about, you gin up a story. how about novell and csx blow the numbers away. don't want to overstate the case, but "mad money" will be right back. coming up, it's summer blockbuster season, but what's

your way to cash in? cramer is taking a look at an entertainment stock that could better your ticket to "mad money." plus, is it time for energy stocks to fuel your portfolio? cramer analyzes the technicals to find out which oil stock can unearth some profits on "off the charts." and later, the wizard of wall street kicking it into high gear to give your stocks their final judgment on the lightning rourchd. round. all coming up on "mad money."

this week's spongebob squarepants turn tense, so

viacom is celebrating by ringing the bell at the new york stock exchange on thursday. normally that's a story i can look at and think, can't make any money on it and who cares? but in this case, that would be totally wrong. the story seasonal spongebob's tenth anniversary. the right headline comes from the marketing and media trade paper, and the headline is, how spongebob became an $8 billion franchise. now, i saw that, and i thought -- i was strangening my tie and thought wait a second, how did spongebob be worth $8 billion? when viacom is only worth $12 billion? a total head scratcher for even patrick. this is just one show on one network at a mass -- thank you -- as a massive media

conglomerate that has over a den properties. not to mention a huge movie business including one of the largest established studios out there, paramount. how does it make any sense for spongebob to i'll admit the show is brilliant with the cross-generational appeal, without wanting to retch, but no tv show, no matter how great is that good, though we have to be candid, that episode two fridays ago where the bully never got his comeuppance, and emasculated his dad in front of spongebob, it was very upsetting and a bad lesson. the issue can't be that spongebob is worth too much. it's that viacom is worth far too little. it's being seriously undervalued by the street. i think as dumb as this may sound, that many strestors might reconsider the view of the stock and go more positive on thursday when viacom gets to ring the

bell. it's a pretty silly reason to recommend the stock. it is why i'm bringing it to your attention today rather than tomorrow, and do a little homework. in case you want to get ahead of the rush and buy some in front of what should be an inconsequence quenchally, totally irrelevant ceremonial event on thursday, but it did get me thinking. the only reason i might think it might matter is viacom has been wring off. anything that draws attention to things, no matter how trivial, might help. 9:30 we'll be on on, "squawk on the street" will be on, think about it, even though we're talking about a cartoon, i'm not throwing away my usual rigor -- i know, it's hard to be rigorous, so let's get down to what i like about the fundamentals here. when e hear these positives keep in mind and when i'm done, you

can ask yourself if that makes any sense. that's why nobody wants to pay attention to it, it's been a disaster, but now the film and cable business is doing better. sooner or later someone is going to care. cellulose aside, come on, "transformers" a huge franchise. this thing has brought in $703 million, the new one worldwide. and no one even liked it. it's already surpassed the domestic gross of the original film in just three weeks. but beyond one huge blockbuster, the weaker economy has made it harder for the indy studios to put out films. less competition for studios like paramount. paramount's market share is on the rebound. after falling as low as 6.7% in 04, it's around 19%. big issue with paramount has

profitability. fox and it's also lagged disney. the main reason for the disparity is in the low number of produced movies and poor performers. that's changing this year. viacom has more films coming out where its larger ownership interest like "star trek." how about the capable business? it's turning around 50% of the revenues are from affiliate contracts. the problem with the cable side is weak ratings, but there's improvement here, too. third quarter of 2008, revenue ratings for all viacom's networks, i know it will sound bad, were down 9%. that's better than viacom, not as bad as it used to be. valuation, nine times 10,000 times two earnings. more importantly i think the company is worth more broken up

than it is as a whole, and that's really the story, particularly because it's not an add-supported business for the most part. a discrete set of consumer franchises with a loot more worth than they get under this umbrella. if we had transformers company, and spongebob, comedy central, i might short that one. music video company, you had would have a heck of a lot more than what viacom is selling for. i'm not just being a crabby patty, or maybe it's two classes of stock discount, because that makes it impossible to take over. whatever the reason, the franchises are worth more than the company for certain, we just don't have a catalyst. here as the bottom line. spongebob has opened my eyes. viacom has great properties. it's turning itself around in both film and cable, and it's too cheap, just too cheap, especially compared to media conglomerates, which has the entire rest every the company,

nonsen, no, it won't go up on spongebob's bell ring, but this one's part, including mr. square pants are worth more than the whole. i wish the bell would ring in the redstone's head, the way it did when the value got too great maybe it's all wishful, but then again, if it's worth $8 billion, crazier things have happened. stay with cramer. coming up, is it time for energy stocks to fuel your portfolio? cramer analyzes the technicals to find out which oil stock can unearth some profits on "off the charts." and later, try to keep up with cramer, as he takes your calls "rapid fire" in an all-new "lightning round," all coming up on "mad money."

i'm always telling you, you've got to try to get inside the minds of the big wall street money managers. but tonight i'm going to take that even further, explain the rules of the game they're actually playing by. it's very different from what you would expect. their goals are not the same as your goals. now, cramer i'm sure asking asking not so plain i havely asking, how can that be? that's what you should by doing, but that's not what your standard portfolio manager at a mutual fund is trying to do. they're not trying to win the way you or i would think of winning. they're trying to beat their benchmark, which in most cases is an index like the s&p 500.

i'm going to give you some inside baseball stuff brought to you by allstate, brought to you by state farm, last night oes home run derby very disappointing, i have to admit. for it's important to understand that doesn't mean just owning stock that is outperform the s&p 500. that's what we try to do on this show. for someone running a mutual fund that uses the s&p 500 as its benchmark, winning is what's known as waitings, about having more money in the best sectors within the s&p, and less money within the worst sectors in the s&p. the idea that waiting se inin i sectors could be confusing to you. the concept actually probably confuses you. now, you know one of our favorite technician is rick "top gun trader" benson huhr, the

chief trader, and also my colleague. he runs the top gun trader newsletter. he's made a call based on his reading of the charts, not the fundamentals that the energy sector names, the oil and natural gas stocks and oil service stocks, which have taken a severe beating lately, will soon stop underperforming relative to the s&p 500. now, what does that mean? the s&p 500 in this period has gone up this group has gone down. rick's not saying that oil itself is necessarily going higher or that the energy stocks are, either. he's just saying they'll do better than the s&p 500. that's a wake-up call for portfolio managers. he says if you've dodged this bullet, you may have to get back in over the course of the summer if you're going to beat this.

his raesenning? take a look at the week le chart of the relative performance. the etf that contains the oil stocks, xle, his's looking at it versus this, and this gives you exposure, by the way, to the s&p 500, this is the chart that compared the stocks, and it's approaches what risk calls the 200-week moving average. that's a technical measure of the long-term trajectory, to rick, this chart is screaming energy is going to start bouncing back relative to the s&p right here. he thinks you should -- that it should become a bigger part of your portfolio. he thinks you should overweight energy. when the line hits here, he wants you to pick up more energy stocks than you might have had otherwise. normally we use technical analysis as a tool to figure out what the big boys are doing

based on the clues they leave. i want you to understand the nature of rick's call to tell you how the big voices think. energy is 12.4% of the s&p. if you think that rick's energy call is right, you would want to overweight the group, to have centering stocks make up more than 12.4% of your portfolio. that way you would have more energy exposure than the s&p 500 does, and ricket is rig. nrds, rite now having most oil during this pertain has cost you. right now, he says it will help you. s that means my charity trust, while centering makes up 12.4%, it's 12.9%, i agree with rick. remember, it's to overweight the best sectors in the s&p and underweight the worst.

he's saying getting some energy stocks, don't get leftb hind by the coming switch. believe me, i think his call will be heated because of the real roin why portfolio managers, or pms, don't invest the way i advise you to do at home. these managers who do mutual funds, they cannot afford to underperform the benchmark. they have to beat the s&p 500. if they don't, that's a great way to lose your job, so think try to stick closely to it. the best way for them to control their own destiny is focus on sectors. that make sense, 50% of the stock's movement is based on a sector. to try to beat the mark, they have some real explaining to do, not if they lose money, okay? that's what you would think. they often will, because they're so-called long only. they have to explain if they lose more money than an index

fund would. luckily you don't have to worry about managing tens of millions. that's one of the reasons i think playing a nerd game could be a sucker game and your game is better. you can do what we advocate on the show, and buy the best oil stock. right now i think the best buy is chevron. which is why my charitable trust owns it, and why it's my largest energy position and bought it into the weakness last week. it lowered guidance at the mid-quarter meeting. it's an industrywide problem and hey, johnson & johnson said the same thing. i likes it at the current prices. chevron has the highest production growth, should come in at 5%. ironclad balance sheet, the fund future growth increased dividends. i'm surprised it didn't raise the different this year. i like the focus on the production growth. meaning the street value's production growth more than any

other aspect of the business, so the more production growth chevron has, the higher the multiple money managers are willing to pay. compound annual production growth was 4%, that is very big compared to other oils. exxon is the only one that comes close. now that it's lowered the guidance, the bar has been set low. plus the guidance shouldn't have come as any surprise. it wasn't some shocker, which is why, by the way, the shock that is bounced back. here's the bottom line, portfolio managers have to think in terms of weightings and relative performance. you should keep these things in mind, too. but you don't have to own the best and worst of every sector. you can pick the best ones. if you like energy based on the technicals or the fundamentals, i think you'll like chevron. that's the best of the group. chip in wisconsin, chip?

>> caller: i have a question about transocean. >> yeah, rig. >> caller: and i bought it a couple months ago, and i've been waiting on this global economic recovery and the market, and i heard a couple analysts were talkses about oil, and boone pickens was one of them. they were saying that foreign oil was going to get a little too expensive for us. >> yeah. >> he thinks that brill oil is going to be $80 a barrel by the end of the year, he thinks the way the market is, but my question is, though, i mean, i have gains on rig right now, but i've been looking at other companies and wondering if i'm in the best position or like a

schlumberger or naybors. >> does that about wrap it up, skip? >> caller: yeah. >> i was try to go contingent at a time on that a little. as you'll see this evening. i think you're not going to get a breakout in this stock, because oil is going lower not higher. i'm not worried about the stock from having a free fall, but if you're in a sector with crude coming down to i think the mid 50s, you need dividend protection, you need yield, something that will make it so it doesn't go straight down. that's why i prefer chevron to transocean, even though r.i.g. is the best of breed in that business. dan in arizona, dan. >> caller: jim, a big 110-degree boo-yah from arizona. >> let me give you a donovan mcnabb receivers camp, including brent who ''s a big supporter. >> caller: i like it.

my question is about nht, north american tanker. while doing my home work, i noticed the earnings per share were lower. i know they have a strong balance sheet and strong cash position, but what does it say about the safety -- >> i talk to herb hansen. we know anything can happen in this business, remember we had frontier on yesterday, and, you knee, she wore up and down the dividend is final. herb has sworn the dividend is fine. i've got to go with him. okay. if you like energy based on the technicals of top gun trader benson, i think you should consider buying chevron, the best of breed right now with a 4.1% yield of all the oil. stay with cramer. coming up, a lightning

round, cramer takes call after call, to give your stock its final judgment. can you keep up? you have questions. who can give you the financial advice you need? where will you find the stability and resources to keep you ahead of this rapidly evolving world? these are tough questions. that's why we brought together two of the most powerful names in the industry. introducing morgan stanley smith barney. here to rethink wealth management. here to answer... your questions. morgan stanley smith barney. a new wealth management firm with over 130 years of experience.

no, it's not time just yet. i want to revel in the fact that intel showed you you should not take your cue from a company like dell. i think you could help amd, the semiconductors are back, and i think we should recognize the reason why they're back is because business is better not because of some big shortcoming rally. now it's time to cover the lightning round. what's that all about? raid-fire calls one after another. i tell you whether to sell or -- my staff -- when i give this sound, and then the lightning round is over. are you ready skee-daddy? it's time for the lightning round. dean in michigan. >> caller: hey, jim, this is dean with a triple boo-yah from

the great lakes wolverine state. >> buy, buy, buy. to the poweller of nine, wolverine. >> caller: i've been watching you a couple years, and i finally got into the stock market as of the end of march, and i'm having good luck with it, and i really like the drug pharmaceuticals, and i was wondering what your advice would be, and it's greatly appreciated on mankind corporation, mnkd. >> this is one with a lot of things in trial for diabetes and cancer. we now untilly these are growing market. which is very undervalued versus where it was historically with very good congressional bill that came out that will give them a very lodge period of patent exclusion, so i think i would rather see you go gilyard, but i recognize you may want to speculate with mannkind.

>> caller: big kansas city barbecue boo-yah. >> wow, excellent. we favorite that, though the royals are really bad. >> caller: thank you for what you do for the little guys. tyg. >> yeah, energy infrastructure, we've already trash that during the show. i don't want you to be -- i think oil is trading 45, 55 and gasoline will go to 2.25, 2.35. rhonda in kansas. >> caller: hi, jim, boo-yah. >> boo-yah plainstater. >> caller: this is the heartland of america and we love you out here. >> you bet complain you are the american icon. >> really? >> caller: yeah. you're the real deal. >> thank you. >> caller: i'd love your -- >> i've been trying to get this

show to the university of wichita. i've harbored to the call. >> caller: >> caller: university of kansas, wichita state university, kansas state university, we all love you. >> thank you, any of schools want to invite me, we would think about it. >> caller: we would love to see you, but are so appreciative for your insight. it's --. thank you, rhonda. maybe we ought to get a stock in, too, while we're at it. >> caller: i'd like to know what you think about dbl. >> i think dolby is last year's stock. i understand a lot of people feel like it's been a good performer. here's my problem. in the end, i need home entertainment to do better. it's like why i don't like garmin. i am not going to bless that stock here, but thank you for saying those nice things. chris in michigan.

chris, go ahead. >> caller: i've got a big corn-fed boo-yah to you. >> excellent and different michigan kind of boo-yah to you. >> caller: what's the best way to play the utility dividends? slough the select spdr. >> i happened tore more of partial to coned, but i do not want the etf. let's go to mike in way. >> caller: a big grandview university boo-yah, jimmy. >> boo-yah back. >> caller: ptn. long-term investment, what do you think? >> i think it's terrific long term. i think again, i prefer exloan. i'm worried about cap and trade, but i think yours is a good one. i would prefer you to swap out of that and go into dominion, but yours is good, too.

a lot of utilities, a lot the of heartland, kansas, put that on the map, we're going to kansas, and stay with cramer. bull market or bear, traders are always hungry for ideas. they find them at td ameritrade. trading's all about strategy. and strategy's... all about information. so: i start my trading day... with td ameritrade's morning perspective. that's interesting... or, look at this... i can mine their weekly webcast for ideas. this is what i need. of course, ideas are just the start. so now i can drill down. heat mapping... heat mapping shows me where the money's moving. 2,500 stocks... one quick glance. cold... cold.

hot! right there. look at this: pattern matcher... pattern matcher spots technical patterns, automatically. wow, look at that. look at that head and shoulders right there. it's like pattern radar. pattern x-ray vision. plus: this amazing gadget... called the telephone. i can call td ameritrade anytime and talk trades, strategies. anything. that's where the action is. td ameritrade. built by traders for traders. announcer: trade commission free for 30 days plus get $100 cash, when you open an account. but we missed the first half trying to download the docs. which turned out to be the old-new docs... rather than the new-new docs. then bob dialed in from home and his... dog starts barking. so jen jumped in with her "two cents"... which katy missed because she was buying shoes online. and then i hit mute... to talk timelines with my team. getting lots of dirty looks through the phone in the process. - overall... - a great call. - great call. yeah. introducing a better way. learn more at cisco.com/newways [ dog barks ]

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back on may 7th, we heard from don woods, terrific ceo of frt, for you home gamers. one of mire favorite reits, one that specializes in malls. we learned the company wasn't in dire need of capital, he also told us that he thought the worst was over. frt is down about 4.4% counting the dividend, the market has been crumby, but i still have conviction in this.

i'm thrilled to have him back in the studio. mr. wood, welcome back to "mad money." >> thank you, tim. welcome backd money." let me give you a thesis, you can shoot it down if you want we saw when gasoline went down and then shot up. gasoline's going to 2.30. is it possible wee could see resurgence because gasoline goes down. >> i don't think you can. i don't think there's any one thing that will affect us. one thing cool in listening to your show and how you do things, the conversation about real estate being a piece of everybody's portfolio, i haven't heard in a while. i wonder if we ought to be talking about picking the best in class companies always a part, long term holdings. i look at federal that way and i think any company that paid its dividend and increased its dividend every time since 1967

should be talked about a little bit more and one of the things talked about on the top of the show. >> if you have something solid that can compound, the rule of 72, how long it would take to double if the stock did nothing is a reason to own a piece of paper and there haven't been a lot of reasons to own a piece of paper. >> that's for sure. you're talking about dividend yield, loss capital appreciation, we're talking 5%, in the highest quality, retail real estate portfolio in the sector, at least that's what i believe, with the track record that is produced, outperformance against the bloomberg shopping center index every year since 2001, nine years, and compared to the overall morgan stanley index, you have to look at that, i think, in a long term way. >> people hear that and i live near the long shore mall, a very

upscale mall and they think best property, might think best high end property. isn't diversification the key for best property? >> this is misunderstood. we are not a mall company, not one of the big mall companies like simon or west field. what we're about is high quality retail. it doesn't mean just gu economy or something like that. high quality retail is target, high quality retail is lowes. >> people who pay their bills. >> high quality retail is putting the right group of retailers together in the best place of real estate available where people want to shop and cross shop. and we're 70, 75% grocery anchoraged so there's a huge necessity component to this company. you put all that together, it is pretty compelling. >> you mentioned gasoline may be just a fact. you have great regional properties. where we see housing bottoming and have seen it in california, does housing bottoming mean

anything for malls? sure. everybody that is watching the show tonight is a shopper to one extent or another. you have to feel good about your job, you have to feel good about your future and you have to be able to be confident that you should be spending money. there is no question, even in the retail numbers you saw today, you pull out gas and autos and you still have absolutely a very tough time for retail sales. the bottom line is, though, that is starting to feel a little bit better. as that starts to change, there should be -- >> one last question, don't have a lot of time. my friends, very smart guys, they are putting together distressed real estate. would you ever do that? >> it doesn't work for our business plan, we playoff on our simplicity, playoff on transparency, high quality retail is the name of our game. >> thank you, don wood. and supporting the people supporting the cystic fibrosis foundation who come here in all

my glory to see me dressed up, like spongebob squarepants. >> thank you. you can get cramer sent to your phone. text 26221, mm and hit send. d#:0 "i'm rethinking everything... tdd#: 1-800-345-2550 including who i trust to look after my money."

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tomorrow. stay on top of that. there is a bull market somewhere. i'm jim cramer. see you tomorrow! up on kudlow, why the economy is worse than you think. and profits from others tell us otherwise and sarah palin is right to bury cap and trade.