gave them a chance to be honest and to become ruthless and going to tnp mode, that's take no prisoners, friends like caterpillar did with the magnificent quarter announced today. the one that propelled dow higher with its $2.81 gain. without bernanke's willingness to start the presses and do everything he could to create credit and stabilize the system, the cats of the world would never have been able to deliver much better than expected earnings, despite much worse than expected sales. >> frankly, isn't that the essence of the moment. making more money with fewer people and much-reduced revenues. it's like a caterpillar backhoe replacing ten guys with shovels. ruthless efficiency, albeit with a jobless recovery, but today bernanke had to put on a somber face and go before congress and tell us how bad things are.

wall street, with its fundamental positive bias wanted to hear that the glass was half full. the market wanted bernanke to accentuate the positives, but washington required him to take a glass half empty approach. it's not a glass of hemlock wrap and talk about the negatives. other wise it would have been more oaf a witch hunt than it already was. how could bernanke, a card-carrying member of the capitalist party justify bailing out these banks and bankers to a very non-capitalist congress. if things aren't so bad after all? if he had painted a positive picture, then his appearance before congress, which already felt like a kangaroo court to me with elements of arthur kessler's darkness at noon, it would have turned into darkness all day. bernanke had to spin it because anything more positive than that

would have made him look like a capitalist lackey of the banks in front of the congress. here's a twist. if he'd struck a more buoyant tone we would have seen the equivalent of the house unsoviet activities committee demanding that bernanke name the names of all the card-carrying capitalists at the fed and the treasury department as well as the puppet masters on wall street. so we've got the contrite downbeat bernanke, but i believe his testimony was all about politics, not economics. still it meant those of us that believed better times are ahead had to hear why we could be wrong. that's why we went down. bernanke's testimony taken at face value made me feel like the cat had its last good quarter and things are all downhill from here instead of what i think is true -- its last bad quarter before an industrial renaissance. and that flies right in the face of the market's latest rotation into the cyclical stocks and the

technology stocks. one they think will continue tomorrow because of apple's unbelievable number. instead of focusing on how much money companies like eaton, ppg and caterpillar and freeport-mcmoran can make when things get better because they become lean, mean, ruthless firing machines that take no prisoners in the name of earnings. ♪ hallelujah >> which is what wall street wanted to hear. bernanke seemed to indicate things aren't getting any better at all and we're getting as good of numbers as we're going to get. >> the house of pain! >> which is what washington needed to hear or to put it another way, bernanke's negativity was a necessity. otherwise you can bet the congress would have done anything in its power to stop the sec measures that the fed

and the treasury have been doing to stabilize the economy and things would get a whole loss worse. hey, ben, to paraphrase, cramer fife barry goldwater firing in defense of profits is no vice. i would have given him applause. a standing ovation pch as a matter of fact, to quote market historian rihanna -- ♪ ♪ >> but he put on quite a show and because of his down beat speech, congress won't cut the credit to make things better come the fall. here's the bottom line. i need you to ignore the man in front of the curtain. i'm not buying into his negativity especially after the magnificent quarter today. i think bernanke's credit machine will soon be replaced by the private sector's printing presses and the recipients will be buying caterpillar machines that cost less to make and more to buy. in short, cat's nine-point gain in five days makes sense to me buzz while bernanke doesn't want to say it, happy days will eventually be here again and with it should come huge profits for the best machinery company in the world.

and as the bernanke show becomes a distant memory for a market that has a 30-success attention span, we're going to be getting stronger and stronger. soon people will be asking, what did bernanke say again? did he say buy caterpillar? maybe not with his words, but definitely with his action. guy in philadelphia, guy? claerl a sport -- >> caller: a sport fas nattic boo-yah. >> how many in a row there, pal? >> caller: i think we're up to nine now. >> what's up? >> caller: i'm feeling like flotsam on the ocean of financial instruments. >> why is that there, sir? >> caller: the big boys are out there and making their move. we had the correction because of the uber negativity, and at the home gamer you taught us to ride the waves and making money. now that we're on vacation, earnings are starting to drive the market back up a little bit. what should we be expecting when they come back? will there be a buying opportunity here? >> listen to me and listen good, all right? you're from the city of losers like me, we often forget we won the world series and we'll win it again. i think that things right now are poised to go higher.

should they go higher? i know the negatives, but i think we'll see a series of pieces of data come september and october that will look so good with the lehman-induced depression of last year that everyone is going to want to buy and they'll want to buy any weakness until then. i guess what i'm saying is things are fine. things are fine. we're not going to go back to 6,500. i still think of course there's a range. i don't think we'll blow through dow 10,000, but i have to tell you things are better and things are better at both in the world and in the united states. let's go to dennis in nebraska. dennis? >> caller: boo-yah, jim, from omaha. >> boo-yah. where are you? we're ready for you? >> caller: love the show. >> thank you. >> caller: last night you discussed a couple of secondary offerings, and i was wondering if you could tell us what is the difference between a secondary offering and a follow-on offering.

>> they're often considered to be the same thing. i didn't want people to buy it up. the follow-on will be additional stock. i like to think of the secondary and i like to look at who's in the secondary. is it filed just by the company? is it filed by insiders? but these are all similar terms. there's a primary which is the ipo and the secondary which is the follow on, so i don't want to be confused by the terminology. i just need you to be in the hh greg, and i need you to be in the secondaries and that's what's going to matter. the dow is up 68 and it's because of caterpillar. i believe we'll have a reprieve today because of apple after the close. ben bernanke, you deserve to take a bow because your actions spoke louder than your words. "mad money" will be right back. i never thought it could happen to me...

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coming up, is now the time this is a market where you can't afford not to pay attention to the technical, the charts, even if you think that technical analysis, looking at pick the on graphs of the stock's action to see where it will go in the future seems like a bunch of mumbo jumbo chicken gumbo. you know why we like to go off the charts in the show because a good chart is like sherlock

holmes, someone who can read the clues in the chart and tell you what's going on in the heads of the big boys. the institutional money managers who control so much cash and do so much trading that they essentially decide stock prices in the short term, not you. we can't know what they're thinking. they're not going to tell us. brokers can't even tell us. but we can fall back on a good technician to help us figure out what they're going to do based on what they've done before. you've heard me say it a dozen times. technicians are like jeff gold blum, deducing patterns on "law and order -- criminal intent." they are trained to see clues that go right over our head and shoulders for that matter. gaming stocks have rallied and today we're going off the charts to take a look at what's happening with casino owner and operator, las vegas sands, lvs. the company given its high exposure to the hottest site for gambling on earth. mccal, mccal is the only place where china gambling is legal

which is a much bigger deal in general for las vegas sands specifically than boring old las vegas. these days the only long march going is the communist chinese march to macau and the little red back has been replaced with edward r. burton. this is the chart that dan fitzpatrick, our go-to technician my colleague at realmoney.com where we both write, that's the subscription site to the street.dom where i'm chairman, is also someone you've probably seen on "fast money." fitzpatrick thinks lvs is a buy based on the technicals. he sees a huge break out here. a huge breakout. this is a very important move for him, okay? he doesn't think it's finished. las vegas sands originally broke above its 200-day moving average. that's what we're looking at. that's the long-term measure of

a stock's trajectory and what money managers love to see and a lot of these guys have charts in the desk drawer, believe me. fitzpatrick loves the fact that the stock has closed in on the $10 level without breaking down because $10 is where a lot of lichlt sell orders live. -- limit sell orders live. the fact that the stock hasn't gotten crushed after hitting the $10 level, that indicates to fitzpatrick that there's plenty of demand available to soak up all of the new supply that's unleashed every time the stock has hit 10 bucks. see? each time it failed, now, break out. and that's even if the stock's overbought. he makes a point that las vegas sands buyers don't quit despite the overbought situation. that shows incredible and highly unusual strength. as soon as mo green took one in the eye, it's a gimme because the buyers don't want the next move. the technicals say buy las vegas sands. what about the fundamentals? the recent run-up happened because investors have finally started listening to what las

vegas sands has been saying for a long time. that it's going to file an ipo of its shares in its macau operations with regulators in hong kong as early as next month. it will trade and expected to sell a 25% stake there. an ipo of the macau business could be huge for las vegas sands, but my attitude of the stock is the same as it's always been. if you like las vegas sands in the technicals, if you like it based on its position in macau, then you should love its better run competitor wynn even more based on the fundamentals. just today, wynn filed with the hong kong stock exchange for a ing of its macau subsidiary. the ipo could be anywhere between $500 million and $2 billion as wynn is planning to sell a stake of 12.5% and it's the macau ipo could come sooner than the one lvs is planning. wynn gives you the positives in macau this lvs has with far fewer negatives. it's going for any of the casino companies and has been for years, even when it comes to

gambling and the prime minister is paying us. it brought in $449 million in revenue in the first quarter and that's 60% of the company's total revenue. it's making $755 million. 70% of the total revenue. the main difference is las vegas sands has had serious problems with financing that haven't completely abated while wynn is in a much healthier position. lvs in macau is in limbo until the company gets hold of more funding. it had commenced instruction or preconstructional five parcels of land, but i had to halt construction on each of them because of funding shortages. wynn, on the other hand plans to open its encore expansion in macau in 2010 adding 400 luxury sweets in four villas to the operations there. the macau ipo is all about raising funds to pay down debt and help finance it to sell the projects, but for wynn which isn't under pressure to raise

money, i think its macau ipo and it's an attempt to show how much unrecognized value there is in wynn the stock. how much value exactly? wynn's enterprise value which tell us us how much an acquirer would have to pay at the current share price is $7.9 billion. based on my calculation, i think the macau portion of the wynn business could end up with an enterprise value of $6 billion, just the macau portion which indicates the street is valuing the business just under $2 billion. too cheap. obviously, i think it's worth a lot more than that. so i have to believe the upside for wynn from this ipo is enormous. wynn is much cleaner, safer and a smarter play on gambling in macau. here's the bottom line while both company have cramer fave now. if you like the fundamentals of the macau story, the stock you should be really buying and buying aggressively is wynn which has similar macau exposure with far fewer problems. let's go to dmitri in pennsylvania. dmitri?

claerl boo -- >> caller: boo-yah, jim, how are you? >> excellent stuttering boo-yah. perhaps the first of the week. what's on your mind? >> caller: cently analysts seem to think the gaming industry bottomed out. so with me being a young investor looking for a long-term pick do you think mg can return to levels of '07? >> absolutely not. i do think it can go higher. we're look at a bottom in las vegas, but steve wynn is my operator of choice these days and i'm a backer of steve wynn because i think he is money. the man is money. robert in new york. robert? >> caller: yes, jim. hey, sending out a big statten island, new york, how now fuhgeddaboudit boo-ya. >> i've been meaning to get to staten island and i'll make it even more imperative. what's up. >> caller: being the singer and owner of an entertainment business, it's been a tough year. >> yes!

>> caller: yes, it has. it's tough. i was looking at carnival, ccl as an entertainment indicator, they're about to launch the largest ship in september, but they're discounting tickets. do you think this will be one to watch under signs of recovery or is this lumped in with the airlines. >> no, nothing should ever be lumped into the airlines. that is the world's worst group. there are whole other things to invest rather than airlines. i do believe carnival will be an early tell. but why don't we do this? if we like carnival, why not a disney more? a destination place with a lot more upside, but i do like carnival. i think they're great operators and i wouldn't recommend selling the stock here. it's just had a bit of a move. it did have a better-than-expected quarter. it's a really well-run company and i would have carnival as a trade. mike in connecticut. >> caller: boo-yah, baby. >> boo-yah, mike. go huskies, what's up? >> caller: jim, i've been watching your show forever. i love it. i'm a first-time caller. here's my question. it's the retail industry. specifically in this tough economy, do you feel it's better to play it safe and purchase a

stock like walmart or is there a better return anticipated with a luxury stock like macy's who, by the way, was at $45 a share two years ago is down to $12 a share. >> okay. you have hit upon the essence, mike, of what i'm struggling with right now. if bernanke is right, if unemployment is not going to go away but going to get worse, the answer is you want to own walmart. i don't think that -- i think the second half is going to be better. i do believe in a back to school season. i think macy's is a better bet. i also think walmart is not having a great quarter. i think macy's having a better than expected quarter. it will never do as good as walmart. it's not as good as walmart, but i bet macy's goes to 15 before walmart goes to 5. las vegas might look right, but i think if you like the macau story you want to buy the stock of w-y-n-n, after the break i'll try to make you even more money. coming up, a tech home run.

jim goes head-to-head with a man behind mlb.com, bob bowman to break down mobile internet. how can you get in on the hottest trend in tech? plus the time has come for cramer to guide you through the market's ups and downs. stock after stock on the lightning round. and later, e-mail us at madmoney@cnbc.com and jim could answer you on the air on an all-new "mad mail." all coming up on "mad money." do you boo-yah? >> boo-yah, jim, boo-yah! >> booming broadcasting voice boo-yah! >> boo-yah! >> a big aloha boo-yah. >> boo-yah! >> a big boo-yah. >> boo-yah! >> dr. cramer on the lightning round, call 1-800-74 -cnbc. announcer: what's your cialis moment?

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♪ you know, i think the mobile internet tsunami, the ability to access the web from anywhere using gadgets like the iphone. how about the apple quarter which was huge tonight. the palm pre, and the biggest

thing since the widespread a adoption since the old-fashioned internet. the adoption of mobiler in the is the move from snail mail to e-mail or radio to television or the typewriter to the personal computer, and just like with all these other game-changing new technology, it's creating incredible opportunities for companies and investors to make fortunes, but at the same time as with any other huge new technological secular growth trend, the mobile internet can be difficult for you and i to understand and very hard for me to explain. that's why i like to find examples that showcase its most important aspects and tonight i want to talk to you about the very best of the mobile internet. the best application i've seen. if you want to see the future of the mobile internet then you have to go to mlb.com, as i do every night for 160-some odd games. not just because this is the

best site on the internet. it is also the best int gaited into the mobile internet and that's what matters. mlb.com gets 2.6 million visits per year. that's not just because baseball is the nastion's pat time. they offer 15 live games a day, plus around 6,000 audio streamed games per season. lots of different angles and mlb.com has the top-rated iphone application for baseball. mlb.com@bat 2009. it costs $9.99 to let you watch one live game per day there you your iphone and audio stream game stats, game highlights, video recaps. that to me is one of the greatest examples of what the mobile internet is all about, and i want to break it down so you understand it. this is a website that's a thousand times better than television, as far as i'm concerned. and tonight we're talking to the brains behind it. bob is the ceo of mlb advanced

media since november of 2000, i have always wanted to know how this site works because it is so fabulous. how bob seems to know exactly what to give to his audience and how he manages to deliver such incredible content. bob may understand this latest phase of the web better than anyone. he used to be the ceo of outpost.com which is the retailer of high end technology products and has been an investor of numerous internet start-ups and not to mention being a fellow alum of the harvard class of 19 7 and my my investing alma mater at gold man sachs, and a former chief operating officer for itt and the treasurer for the state of michigan. as far as i'm concerned mlb.com is bowman's crowning achievement. while we don't talk to the ceos of nonpublicly traded companies on the show, i'm making an exception because mlb.com is such an unbelievable

illustration of the best aspects of the mobile internet. the single most important trend that i've seen in investing. welcome to "mad money." good to see you, sir. how have you been? i understand you have exciting news to share about your product. i want everyone to know it because especially after apple reported blowout numbers. give us the news. >> the news is if you're an mlb.tv subscriber and we have about 350,000. >> 350,001. >> and one. you're one of them. we lose money on you because you watch it so darn much, but that's okay. if you're an mlb.tv subscriber you can now watch any game you want on your i poen -- iphone. part of the at bat application will include all 15 games every day, on top of the one free game already, now we're adding all 15 games tonight. to if you go there tonight, watch your favorite team and it might be the phillies, click on the phillies and if you're an mlb.com tv subscribers, you're there and away you go. >> i want to cut to the chase and it is a difficult question, but i think it will explain a lot of what's going on. >> last night i watched this phillies-cubs victory over the

cubs. bob, it was on mlb.com, but it was also on espn. >> right. >> and i watched it on mlb.com. is that the future? isn't it better than tv? >> i think every -- i think -- >> you have a contract with tv, too. tv is very important to us. i think no medium dies. i still listen to trust radio so i think they will all co-exist and what people do is they watch two screens. they might have this on, when i'm trying to watch tv nobody asks me what i want to watch. we have the bachelorette on or whatever tv show, but i'm watching the baseball game on my laptop and that's why i bring the laptop to the living room and every family is different. i think tv is doing just fine. we're trying to lift the water. >> how does it work? how did you have -- i forget how many camera angles including the left field, center field, and the all-star game. how does this work? who powers it? what's the technology behind it and how did you know?

>> there are three. akamai's our back end. >> akamai is a publicly traded, akam, very fast speed. >> this high-def is because we can use akamai in the back end. we use the adobe flash player. >> adobe, you might know that as acrobat also. >> adobe flash is the most widespread and everyone uses it. more important than that, jim, it's open source. so what we use to encode this is the same thing apple uses to encode for live stream. easy to use. everyone has it. it's not proprietary so you'll constantly get improvements. and that's how we got this. this is an adapted bit rate. this is what apple just released for their iphone and 3.0, what they released in july. and you're seeing true high def here. this is true high def. if your connection allows you to get high def, you can see it. for some reason your connection collapses or slow downs on the iphone or wired web, it will slow down and you'll still see a great picture. it won't buffer, it won't stop. it will go to the speed that you can tolerate with your connection.

>> do we know behind the scenes whether this involves cisco or any of the companies that people want to own in the nasdaq that are on fire right now? >> certainly it involves cisco. and we have the routers that we need and the connection spots and it involves sun. sun's our -- >> which will now be oracle? >> lit now be oracle. it can now be oracle and we involve that. it's probably not a true software company or hardware company that we don't use in some way or some fashion to deliver this. this is not tv and this is not where you can turn on a box that's been around for 60 years. this is still relatively new stuff that requires the work and a lot of really dedicated work of a lot of companies. you mentioned a lot of them. >> how far ahead are you, and i mention this because, for instance, my kids, i don't believe will watch tv. i think they will watch this. this product, by the way, seems to get better literally by the month. how far ahead are you of what everybody else will be doing and do you believe in my thesis given that the mobile internet is the biggest thing. you've been involved in technology from day one. is this the biggest thing we've

ever seen. >> i think wireless is. >> we got blessed with a commissioner ten years ago that set up the business. we're blessed with great content, 15 live games every day and now the explosion of a generation that wants it this way. so four years ago we hired 20 people to just do wireless and that's all they do and they've been building this product and adding to it. right now we do almost 100 million page ewe 30 million of those are wireless. views a day. 30% of our visits are on an iphone or a blackberry or a regular old dumb phone that can get to the web. it used to be 8%. now it's 30%. >> when did it go from 8 to 30? >> another last two years. >> that's the tsunami thing i'm talking about, and that's what andy grove talked about. that kind of incredible uptick. i'll tell you this. it's 2009. >> by this time in two years, we'll have more wireless page views on mlb.com that won't be

close. it will be accessed by the mobile web. it's all in our homes now and it's more convenient and that lets you watch tv instead of -- while you're watching the other screen. >> the providers make money and the at&ts. clearly you're streaming this. they've got to be charging, right? >> they are charging. at&t's charging us money. they're all making money. any new form of media, people willing to pay for it, everyone is going to make money. and people like us that puts out broadband, it helps everybody. it shows that there's a market. when we streamed our first game in 2002. people never thought live streaming would ever work in the web. >> sometimes it still does freeze where they didn't tell you to change the video, but it's fewer and fewer times it freezes. >> but it will continue to happen this way on the iphone and whatever phone it is and on the wired web. this is how people will consume

certain kind of content. live sports is lucky. >> yesterday you had an all-star. you run a lot of merchandise through this and tickets too, isn't that also done on the mobile internet? you can buy tickets online. >> commerce is not where we hope it will get some day, but we do sell tickets on the mobile. so you'll get a text alert that says by the way, you have front row tickets for the game, do you want to go? it's hard for you to go at 6:00. you can't get to the game, but it is there and it will continue to increase as more and more people, particularly the next generation. the phone is in their back pocket. i have a 14-year-old daughter. i don't see the phone out of her hand too much. >> never. i'm trying to get it for older people, for someone like me. people don't understand until you see these applications you don't understand how this thing is going to take over the world. one last question. why doesn't mlb.com come public? i'm not kidding. you have huge revenues. >> we're very lucky. it's better right now for us. there's only three reasons to go

public. you need capital or you're trying to pay people off who have invested. we don't need capital. we have patient owners and longview openers and it's helped us where we are by being public. >> thank you so much. president and ceo of mlb.com. the most exciting product and the definition of why i am telling you that the mobile internet is the biggest thing, the biggest investable trend that i have ever seen. stay with cramer. next, try to keep up with cramer as he takes your calls rapid fire in an all-new lightning round. plus e-mail us at madmoney@cnbc.com and jim could answer you on the air on an all-new "mad mail." all coming up on "mad money." to stay on top of my game after 50,

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it is time -- it is time for the lightning round on cramer's "mad money." it's rapid-fire calls and i tell you when to buy, buy, buy, or sell, sell ux sell. we play until we hear this sound and then the lightning round is over, are you ready skee-daddy? it is time for the lightning round on cramer's "mad money" why don't we start with dominic in florida. dominic? >> caller: hey, jim. how you doing? >> not bad. thank you for asking. how about you, sunshine? >> caller: allstate insurance? buy, hold or sell? >> they happen to be my insurer so first of all i like their quality product. this is absolutely no judgment on their product, but the insurance company i like is travelers, trv, why? because they have a great operation. the stocks have been stuck in the mud at 40. if you want to be more aggressive, then be lick my friend doug cass and go down to the food chain and take a run at lincoln nat. i don't advise that.

i'm a traveler's guy. how about we go to lucas in idaho. lucas? >> caller: jim. >> lucas. >> caller: question for you. >> yeah. >> caller: coming from idaho, the land of the grand tetons so you deserve a high elevated boo-yah. . >> what's up? earl imax. i'm a big follower of the thestreet.com. invested in it when you guys said to. made a lot of money off of it. it's gone kind of stagnant right now. should i get out? >> what? which one? >> caller: it broke up. which stock? imax? okay. i don't know, i know that we have a service that likes imax. i think it's high. i think it's made its move. i. a seller.

i know that's contrary, but it's democracy at the street.com where i'm chairman and we don't all toe the same lienne. how about jared in tennessee. >> caller: hey, cramer, giving you a big "mad money" boo-yah. >> i'll give you a subway boo-yah back. what's up? >> caller: i want to know what you think about the big awesome company called cedar. >> i don't deserve to be able to comment. i blew it. i don't believe i should be able to comment on it because i blew it. i thought they would be able to pay the big dividend. i feel i have no standing in this one. i was able to say they felt six flags was going to go, but i did not get f-u-n on this. i don't trust myself on it. i didn't get the dividend right it's a distribution. it's a limited partnership. okay, let's go to ryan in ohio. ryan. >> caller: jim, boo-yah. >> what's up? >> caller: i have a diversified portfolio for stocks such as

amd, ciena and huntington bank. can you give me your thoughts on hban? >> people are concerned and they're lumping in huntington bank with renalents, that's wrong. that's wrong. they lump it with fifth third and it's better than that and the insiders keep buying. hban is good. if you really want them to get conservative i'm going to recommend it, fmer and the bank stock. but hban is my speculative bank stock. i nailed bank of america's three and a hated it all the way down. sally in florida. sally! >> caller: hot and steamy sarasota boo-yah. >> steamy for you, what's snup. >> caller: well, i've watched starbucks a year ago for $23 and i want to know, now that they've got an earnings they're good and it's gone up over 10% tonight after-hours. and now should i keep holding it

in hoeps of getting back to $23? >> think howard schulz has it together. he did say it would not just be eight months, nine months and 10 months and 18-month term. he has a new bunch of product offerings and i would not let starbucks go. i am a buyer of starbucks here and not a seller. that does not mean that i'm backing away from mcdonald's which has a fantastic coffee initiative and i'm a buyer of mcdonald's. let's go to mark in massachusetts. mark! >> caller: jim, how's it going? >> not bad, how about you? >> caller: let me give you a big m.i.t. beaver back bay boston boo-yah. >> holy cow. red sox in first place but not the same percentage as the dodgers. what's up? >> caller: under armor, ua. >> i'm torn. love the product, think it's interesting. the company has no momentum. i prefer nike. i absolutely just have to tell you in terms of respect, lulu lemon is better than that. i know that's somewhat of a shocker. i do not see any momentum in under armour. i will welcome any member of the plank family on the show to

explain to me why i might be wrong. lee in florida, lee. >> caller: boo-yah, paradise at a bargain price cape coral, florida. >> didn't know that was paradise. i have to get a now atlas. >> caller: yep. i roll with steel. nucor's been good to me, i've had it ten months, should i buy more? >> it's the guy who understands the steel business i would not sell a share and if it fell below 40 i would buy more. nucor is the reigning king of steel in the world and i put all my chips with -- i'm ignoring that buzzer with them because he is a monster good operator and in steel, whoever executes the best makes the most money. how about russell? >> caller: cramer a big old chitown windy city boo-yah from

the land of lincoln. >> the cubs will lose again, boo-yah right back at you. carter don't say it. i'm a white sox fan. >> i feel bad for you. go ahead. >> caller: my question is about aig. with making morgan stanley an adviser, do they become more attractive here? >> no! it is a big stock and they do the reverse split. it brings in even more suckers. they must be laughing at everyone. they're whipping us, and i want you to sell aig and then sell it, and then sell it again. we'll sell it to the power of nine. how about josephine in connecticut? raerl hey, jim -- >> caller: hey, jim, a big boo-yah to you from connecticut. >> you're the second connecticut caller. what's on your mind? >> caller: i wanted to ask you about cvs. >> i like cvs very much. i like it. go ahead. >> caller: do you think they will be successful as both a retailer and a pharmacy benefit? >> i think cvs is well on company, but i tell you they

prefer mhs. i like them more than walgreen, but it is on retail. for the back end i don't think it is as good as medco health. i reiterate they like mhs. i reiterate that i like express scripts, but i'm still a buyer of cvs because it is the dominant drugstore chain in america. and the lightning round is over!

>> here's one from jim, harley davidson hog announced their last quarter earns decreased 93%, shipments of new motorcycles have plunged and they'll accelerate their plant

closings and start a new round of massive layoffs. the daily volume more than tripled but the price instead of plunging surged over 8%. i don't get it. was explain why? how do you read this? okay, this is what happens at the bottom. remember, we talked about the texas instruments example. texas instruments reported a horrible quarter, cleaned out the inventory and said things are bad. the stock has since doubled. at the bottom, strange things happen. harley davidson has come down a huge amount. this is the beginning of what i think is the end of the underperformance. people want to get in ahead of that. don't forget, warren buffet bought a big stake in the company and that's driving a lot of buyers, too. this one is from susan. why is frontline underperforming the sector. with the exception of the small rally this week it continues to go down while others go up or are losingless. should i switch from frontline to another? i've been watching the show since it debuted. thank you for helping us to make

mad money. it's obvious that you enjoy it, which makes us very lucky. i do like the show very much and yes, you should swap to nordic american tanker. that's been by far the best performer and will remain so. if the price of tankers do down, they will buy more. if it goes up, they will make great money. remember, they have no debt. >> jim, i know that verizon is one of your favorite plays. it's become one of mine. while i agree with you it's a safe play, will it ever leave the con fiens of the $29 to $30 range. here's the problem. as long as people feel there's going to be a big cyclical recovery, it's going to leave verizon in the dust. i say there's room in the boofl for a 6% yielder that's going to be able to raise its dividends with excellent managers. and don't forget, the alltel is going to be integrated correctly. i want you to buy more if it goes below $29. "mad money" is back after the break.

miss out on "mad money"? now you can get cramer sent to your phone. hit send to get "mad money" right in the palm of your hand. (marco andretti) i race to win. i know when it's the perfect time to change my tires. when it comes to shaving i know when to change my blade. (announcer) gillette fusion's indicator strip fades to white when it may be time to change. fresh blade. better shave.

apple is not done. it's going much higher. i'm jim cramer, see you tomorrow.

the market's winning streak continues. i'm melissa lee and this is "fast money" fresh off the trading floor. these are your "fast money" traders. can it make it 11? we'll cover it from all angles during tonight's big show including one top strategist who says this streak will soon end badly. but first, apple trading actively in the after-hours session. right now, we're seeing it up by about 2%. we want to go to jim goldman in silicon valley for the very latest. the conference call is about to get under way. jim? >> melissa, indeed. i've got you guys in this ear here and i've got the apple conference call in this ear here. >> you're very talented. >> we'll see who i get right and what happens, but yeah, you're looking at the numbers and apple shares sold off instantly as soon as the numbers came out and as soon as investors got a chance to truly digest just how blockbuster this report is,

we saw apple shares basically undergo an almost instant turnaround here. the eps number $1.35 versus $1.17 estimate. $8.34 billion, $200 million, well above what wall street was anticipating. and then each of the individual unit, 2.6 million macs, 10.2 million ipods, 5.2 million iphones. and we just had andy zacky write me a note after my blog post letting me know that the first time iphone revenue has eclipsed ipod revenue and that is a real sign of the times here because we always refer to apple as an ipod-maker as one of the key products there. but iphone eclipsing that on a regular basis. this is eclipsing last quarter's performance becoming apple's best non-holiday quarter in the company's history. guidance what gene munster calls comical is again conservative as we look out toward the company's fourth quarter, but i should tell you it's less conservative