tv Mad Money CNBC July 30, 2009 11:00pm-12:00am EDT
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while you do just about anything. satisfaction guaranteed. other people want to make friends. i just want more days like today. my job is not to just educate but to entertain. call me at 1-800-743-cnbc. what a fabulous rally! ♪ hallelujah >> days like this are why we stay in the game. any time the dow closes up 84 points, we love it. the s&p 500 advances 13.
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i regard it as a day to celebrate. that's right. i think it's time to break out the champagne, drink a toast to this beautiful bull market. one taste, by the way, for the best july since '39, which happens to be a pretty good year for dom perignon, which is how i first pronounced it a couple decades ago. anyway, there are plenty of people who still suggest that this bull's days are numbered. that's one of the tough ones. anyway, to argue the positive action we've seen since the bottom in march is proof that the good times are almost over. and the market is about to take a nose dive! [ animal noises ] >> is there a taste? ever since the bottom in march,
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t the market has been following the exact same course. get ready, because this is going to get really scary. the exact same course it took in the wake of the great crash of '29. did th they tell you the similarities so far are uncanny. take a look. as of yesterday's close, the dow was up 46%, okay? in the 145 days. 46, 145 days. since the bottom of march 6. you got that figure? now, do you know that in 1929 and '30, from november 13 to april 17, the dow rallied -- are you ready -- 46% in 147 days. what's so ominous about this parallel? well, the rally in '29 and '30
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was what was called a dead cat bounce. let's stack these two together so people can see. see this rally in '29-'30? this was called a dead cat bounce. a temporary move before the market once again resumed its brutal downward trend. from the close on april 17 of 1930, it took over two years for the market to bottom. and that only happened if the dow declined -- are you ready -- 85%. so right from here, the dow went down 85%. according to this depressionist logic, today is april 16 of 1930. the rally we've seen since march has been nothing more than a climera, and anyone who doesn't sell is about to get steamrolled. sound scary? scared a lot of people today. scared a lot of people who sold off at the end of the day.
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here's the thing, though. this isn't early 1930s, it's nothing like early 1930s. and there's no reason to think we'll keep mirroring the trajectory of the market during the early years of the great depression just because the market has followed the same course so far, even though it does seem uncanny. uncanny. these are the same percent, same days. the people saying this is 1930 are the same ones, though, who have been saying the rally is fake all along. these are the people that seem to look for reasons not to buy because they're so certain. and when they can't find good reasons, they look for bad ones inste instead of changing their minds, they think changing their minds is inconsistent and, therefore, wrong. to me the fact people are even using this chart argument, you know what it says to me? it says to me they've run out of
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ammo! instead of saying the market will tank because the fundamentals are bad as they were during the depression, they're saying that the fundamentals will turn out to be terrible because of this! you see, because they have these similarities, so, therefore, the fundamentals must be bad. i regard that as backwards logic, if not a bogosity. so what if the trajectory looks the same and virtually everything else that matters is different? to believe it's analogous to 1930, you have to think the worst is ahead of us, not behind us. the market tanked back then because bad things kept happening. in 1930, the banks had yet to collapse. today we've already worked through the most dangerous aspects of our financial crisis, and nobody honestly believes that the system is still in jeopardy. we already had the black hills, we already had gm, we already had chrysler, we already had fannie, we already had aig, we already had bear, we lehman.
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in 1930, it was just getting on the table. and even if we had had a wholesale banking collapse, it would have been better than what happened in 1932 because we have the fdic around to guarantee profits. from 1930 to 1932, the government was doing everything wrong. it was like they were trying to make things worse. think pelosi times a million! the federal reserve was raising rates -- >> they know nothing? >> -- the hoover administration was practicing austerity, trying to balance the budget instead of bar rogue money to stimulate the economy. all of these things combined to make a bad economy worse. it all came to fruition. i'm not saying the depression was avoidable. i am saying the lines got crossed because the system
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deteriorat deteriorated. maybe the dead cat bounce in 1929 and '30 could have been a real bull market rally if things had been done better, differently. maybe not. but certainly there was a chance to change that trajectory. either way, 1930 when we were slide sbug ting into the great depression is not analogous to 1930 heading out of one. we have a fed chairman, ben bernanke, who studied the great depression and he's doing a tremendous job of flooding the system with money. i here nathan saying, that's really dangerous. >> come on, man, we avoided the great depression. he has started a fire with tinder. he has to throw gasoline on it. 1930 production was still dropping like a rock. but now we just heard steel
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magnate daniel damico on our show. there wasn't any social safety necessi net. now we have social security, medicare, medicaid, food stamps. all of these soften the blow of an economic downturn. and even though i believe we got the stimulus wrong, unlike our friends in china, then we got it wrong in terms of both quantity and quality. any stimulus is better than no stimulus. that was the state of things in 1930. don't forget, that gets to be spent, which is a plus in terms of the future being better than the present. look, the parallels between the market now and the market in '29 and '30 are incredible. the depictions, the percentages, the dates. it's true, but that's no reason to think the stocks are going lower for the last time in 24
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hours. in between 1929 and 1932, the stocks kept getting worse. do you honestly think 2011 will be worse than 2008? here's the bottom line. ever since we started the rally in march, the bears have told us to stay real. they say we're back in depression territory. now they're pointing out the eerie parallels between now and the '30s. but that's just mean. they won on arguments based on the fundamentals, which are totally different. look, i am not saying there is no such thing as a dead cat bounce. 20 years ago this week, my cat named after a disk drive maker, comag, got hit by an 18-wheeler trying to cross a road outside philadelphia. she bounced like madoff the blacktop. but that wasn't a combuscombust
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event, and this isn't, either. reverse head and shoulders or prell, for that matter, none of that matters. what matters are the fundamentals. they tell you what the future will hold. based on the if you understanfu future seems down right bright to me right now. thanks to ben bernanke and the work he's done at the federal reserve. i say we take calls. let's go to greg in maryland. greg. >> caller: hey, jim. i want to give you a great, big, fat, chesapeake bay, maryland, blue crab, ba-ba-ba-boo-yah! >> i'm going to give you a brutal shores chesapeake bay boo-yah! and you have to tell me what beer that was. >> that was a national bohemian. >> natty bow.
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>> i got one for you. what beer tastes like coming home? >> tastes like coming home? >> that was pittsburgh's iron city beer. the only reason we're covering the beer situation is because the white house is steeped in beer today. now we go beyond that and stop doing politics and deal with stocks. >> caller: i'm a home brewer and a home gameer, but i got time fr a real quick success story, jim. my wife and i started home brewing about a year ago, and the past couple months, everything started going down and everything, and we lost a little bit of dough there. but after reading your book, "real money" -- >> out on paper back! >> caller: -- it turned us around, and we were able to come back thanks to your book, your show. and today's rally, we officially are out of the hole and on our
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way to making some real money, man. >> thank you for the kind words. every day we struggle to come up with things worth saying, worth doing. to keep doing it again, we succeeded. how about a question from the shores of chesapeake bay? >> caller: real quick, in your book on "real money," page 115, i think it is, you got a chart in there that kind of shoets cyclicals and how they work in terms of gdp. i was kind of wondering real quick where you think we are on that chart right now, and if, given today's climate, does that chart even hold water? >> we did it in another book and have another one coming out. brazil, russia, india china became formidaba. i actually never thought we'd have to see as many easings. we are now on the end of the curve of the second wave if you want to get all oscilated.
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forget the 1930s. i say the fundamentals will tell you what to do, not the charts, not the overlays and the fundamentals are better than we thought, and the stock market -- stay tuned. . coming up, can natural gas fuel the fire of global warming? he talks to kinder to find out if natural gas can solve the fuel issue. cramer's inspecting the sector to tell you if it's time to hit the brakes on the cell front. later, try to keep up with cramer as he takes your calls rapid fire in an all new lightning round.
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stomp now -- now that the president obama juggernaut seems to have run out of steam, we have a chance to change course on an issue that could do serious damage to the economy, to the consumer and to the investors in all kinds of stocks if it's handled incorrectly. i'm talking about climate change. some democrats are in love with renewable fuels. they like wind, they like solar. but that's really about it. they consider everything else dirty and they want no part of it. look, i believe the climate change is a problem. i think global warming is awful.
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i'm totally on board, and that's why i try to be constructive on this show with my criticism. i favor a windmill in every yard, a solar panel on every roof. i just mentioned the other day, i would use seven sea salad oil if my car would take it. but the best way is not to focus on wind and solar. it's not about going to sparkling clean energy. that's not feasible any time soon. we need to go from dirty energy to less dirty energy, especially when our trading partners like china and india threaten to bury us alive by becoming more energy efficient. we need more natural gas. my idea was to roll out natural pipelines and subsidize natural gas-powered cars. we juice the economy with new jobs rather than putting a
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captain jack boot on it. i got people smarter than i am on the team. kinder morgan energy partners, kmp, and a guy who understands the energy business just about better than anyone else in this country wrote an op-ed piece that caught my eye in the houston chronicle earlier this month advocating natural gas as a substitute for oil. they may be clean as a whistle, but right now wind and solar supply .16 of our energy needs. we could quadruple our wind and solar capacity, and they would still be less than 1%. natural gas, on the other hand, is a cleaner fossil fuel. it's cheap, and we're sitting on top of enormous amounts of it. it would also be much easier to roll out a transition fuel than wind or solar. natural gas would do more to
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reduce our co2 emissions than introducing all fossil fuels. he knows this issue. he knows it cold. he knows it's feasible, and that's what i want to talk about with him tonight, about his proposals in the future of the industry. as for knp, it's a terrific stock. 8% yield. i liked the quarter, hope you did, too. this stock is a winner. what i'm really concerned about is the best way to approach climate change, a substitute for cap and trade. mr. kinder, welcome back to "mad money." >> thank you, sir. >> you're a businessman but now you're writing editorials. what made you pen a piece about something when i always think of you as a guy making money for us shareholders. >> i like to think of myself the same way. i just got so infuriated with the lack of attention to what the realistic answers to this problem is that i just thought somebody who has a lot of years in the business ought to sit
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down and try to put it in writing. and that's what i tried to do. >> how is it that natural gas, which is not only plentiful but has been found in tremendous -- i like to consider thiss sawed i a -- this the saudi arabian natural gas -- what happened here? >> i don't know other than there is so much emphasis on the so-called renewables, wind and solar in particular, and as you rightly point out, this is one-sixth of 1% of our energy production in this country. so you can talk about doubling, tripling, quadruplinquadrupling just don't make as much impacts on the others. natural gas is 25% use in this country, almost equivalent to 25 on 0 barrels every day. if you increase that with nuclear, i think, you can do enormous goods in terms of
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reducing emissions. for example, jim, if you replaced a large proportion, if you went from coal generating 50% of our electric power to 35%, you would make an overall reduction of about 10% of all the emissions from all the sources in the united states. that's a considerable accomplishment. >> now, we need jobs in this country. if you had to build your -- you're a master pipeline builder. to build pipelines takes a lot of people. if we were to switch to natural gas, we would put a lot of people to work at the same time we would be reducing our emissions, wouldn't we? >> absolutely we would. i tell you it would be very good for the economy, and not just in building the pipelines, which is our business, but also obviously in the people who work in the upstream end of the business. they've just made tremendous advances in horizontal drilling and tracking. they were just, in these shale
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plays especially able to reduce cost. >> tell us what's been found in the last five years, where it is, and how we could have a natural gas stations if we had to. >> you start out where the natural gas has been found, and a lot of these shale plays are in texas, louisiana and arkansas, but recently, of course, one of the biggest shale plays is right in the northeast, which is in pennsylvania, even extends into portions of new york. so there's a tremendous diversity of source of supply of natural gas. it can be produced very economically, and i think we've proven that we can move it across -- very safely across america in pipelines. we can get it to wherever it's needed, including for natural gas vehicle use if that's the way we tend to go.
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>> you wrote the op-ed piece, so let's speak politically for a second. you've got 12% in texas, 12% oklahoma, 9% colorado. i never hear any of the politicians from these areas come out and talk about energy, but these coal states, they seem to have a huge mine share in congress! >> well, they certainly did well in the structure of the waxman-markey bill, i think, from a coal standpoint. there are other ways to attack this other than cap and trade. if you went to a mandate system, and again, just looking at the electric generation only, if you had a sort of mandate where in a tie, a jump ball, where you had the choice between coal and natural gas, you'd use natural gas fire preparation, and there would have to be parameters around that, you could go a long way toward making really significant steps in reducing
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emissions. i have nothing against coal. if we eventually have clean coal, our co2 subsidiary will play a role in running it through pipelines and sequestering it. these are long term suggestions, but we've got natural gas right here in the lower 48 that we can use to reduce emissions in a very cost-effective way and a way that will create jobs for america. >> one last question. how about energy security and worldwide security? are we going to be able to wean ourselves from areas that we both know are politically unstable by building a lot of windmills and building a lot of solar panels? >> i don't think we are. i think that's a dream unlikely to happen at least for the next generation or so. if you use more natural gas and more nuclear, then i think you really can take steps. you're not going to get back to the point where you're not importing any crude oil into this country. that's naive. but you can get to the point, i
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think, where you're relying more and more on our own assets. i think that's all we can expect to do. >> we're going to continue to push this issue, but your editorial gave us the impetus to talk about it. thank you for coming on the show. richard kinder, money maker taking time out. to try to set the country straight and get us on the right path, we're going down the wrong path right now. after the break, i'll try to make you more money. coming up, the cash for clunkers program is boosting sales. he'll tell you when it's time to hit the brakes. the time has come for cramer to guide you through the market's ups and downs stock after stock. on the lightning round! all coming up on "mad money." she wants to make up.
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if you want to be a good investor, then you have to know when to take a path when you've come to an idea too late and the money has already been made by other people. one of the toughest things to do in this business is to step back and simply say, i missed it. especially when you think you have found a great thing. but no idea, no matter how good, can make you money when somebody else, or a lot of somebodies, have gotten there first. sometimes, sorry to say, you're just too late to the game. and that point, not to totally mix metaphors, you've got to be able to keep your bat on your shoulder. the mad money bat. instead of taking a wild swing
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trying to chase a pitch that's already well outside the strike zone. case in point, this weekend i read a story in the wall street journal. i was busy working while you were out having fun. it was called clunkers draws customers to car dealers. it's about how the government's cash for clunkers program was taking off. just taking off. this is a billion-dollar government initiative that gives new car buyers a 3500 to $4500 rebate when they trade in older vehicles for more efficient models. it should generate a huge amount of traffic. so i said, eureka! let's go do the work on auto nation, the largest independent retailer in america.
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i figured this program must be fantastic for them. especially with gm and chrysler gutting their dealerships all over the place, i thought we'd reduce the competition. so my brain and i go do the homework, and you know what? here's what we discovered. the stock had run up huge ahead of the clunkers program, giving us a pretty powerful hint that we were too late. i come into it right here. i say, wow. this is a really great idea. then i say, oh, man, was i ever beaten to the punch. others obviously had the same idea, done the work and the stocks soared higher. i'd be taking the smart guys out if i started buying right here! one of the first things you have to do is to ask yourself, were -- when you're doing your homework, does anybody else know about this? if they do, has it already been discounted on the market and
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you've missed your chance. the cash for clunkers program should be great for auto nation, but people obviously smarter than i was was obviously wise to this before it passed, and eaten before it hit the floor of congress just when people were chattering. even the rules to the program were only laid out last friday by the national highway traffic safety administration, even though the darn thing has just gotten underway, the legislation that created it was passed by congress who passed a law by president obama way back on june 24. someone decided to make me look bad. but that's okay because i am a gentleman. i will only take it up on the commercial. that's an attorney when you're talking about stocks, especially since the program was discussed in congress well before it was passed. the stock market, remember, is forward looking. nobody who saw this measure as a great catalyst for auto nation waited until it went into effect before buying. they bought the stock in
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anticipation of it. in fact, everyone and his brother placed a bet on this one. there was a quick look at this trajectory before genius cramer decided to look it up. one look at the chart tells me, captain obvious, that i may have missed it. captain obvious, to be distinguished from major know it all. on june 25, the day after the program was signed into law, auto nation's ceo came out and said it could increase vehicle sales 10% per year. it's now trading $20.63, up almost $5 and 29% in a little over a month. now that the program started, the stock only reflects the up
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side. yeah, we missed it. we're too late. and given that auto nation has already nearly quadrupled to $16.05 when this bill was passed, i worry about chasing this stock after it's up another five points. i even checked in with top gun trader, chief market strategist, and he runs the top gun trader newsletter, to get an opinion on the technicals. he says this thing stalls out at $22. that's less than two points up side we're talking here. and who knows how much down side. if the economy gets worse, it could get walloped. no matter how much fed money is juicing the thing. that's a terrible risk reward. we could have and should have seen this coming. instead we missed the bus. or, rather, the fuel-efficient car. since the cash for clunkers program has a limited shelf life
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until the money runs out, car dealers have already expressed concerns that the program might run out of money before the end of august. we may have missed this one entirely. what about other car companies in space? cash r car carmax, kmx? by the way, this one has rallied in sympathy, anyway. it's going way too far, too. wen -- pensky, pag. 60.5%. the cash for clunkers program only applies to cars that cost less than 45,000. these three stocks could still be major beneficiaries of the dealer network collapse. if that's your thesis, i need you to step back and wait for them to come down before buying
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because right now the crash is stratosphere. when it comes to cash for clunkers program, i think auto nation was the best play, but it's played out. if you're in a position to already be in the stock because you saw this program coming, that's why this is in the sell block. i'm urging you to take profits tonight in auto nation, so half of your position. anything else is pure greed and contra gordon gecko, this is not a good deal. but what if this is an up side and we're missing? it doesn't matter. our discipline says you have to sell, sell, sell, and while this caused you some missed opportunities, in the long term, discipline causes you to lose a whole lot less money. and if you control the losses, the gains will take care of themselves. here's the bottom line. a really good investor always knows when to say, i missed
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that. that's what you have to do with auto nation and the cars for clunkers program. they had it months ago with stocks soaring higher in anticipation of this program. i think the up side is already priced into the stock. i say if you're thinking about buying it -- >> don't buy it! don't buy it! >> and if you own it -- >> sell, sell, sell! >> what's going on? >> caller: nothing much. just dying in the seat over here. >> that's right, it's about 100 degrees in oregon, dude. don't sweat it. what's up? >> caller: quick question for you. you hadded krerks, o -- you had the ceo of newcorps last friday. my question is, with the stimulus bill passed through congress, cash for clunkers, what effect is it going to have on the steel companies like nucor due to the effect of
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scrapped steel? >> nukor uses scrapped steel. it's a possibility that costs can go lower, but if you remember what dan said, they still have another quarter of inventory of high price scrap that they bought. here's what i think. i don't think there will be enough cars that will be crushed to make it to matter for nucorp. by the way, newcorp needs a robust economy if it's going to go higher, and that program alone won't do it. although 10 to 18 million cars built could use that car. bruce? >> caller: is this jim? >> it is. this bruce? >> caller: let me give you a big boo-yah from paducah, kentucky by way of houston. >> i think you're in the southeast conference, plus the big 12, and who else? i can't even think of it. >> caller: i'm a big gator, so
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we're okay there. >> go ahead. >> caller: i'm looking at general parts company, the steady eddie of the office. >> with a nice yield, right? >> caller: 4.5 yield, and people are holding onto their cars, so i think people would be buying more auto parts. they're also one of the largest companies in the office products area. i think they're the largest distributor in the united states. >> and that exactly, exactly, bruce, is the problem. when i was looking at this company, when i did riley automotive, when i did monroe, i personally said, you know what, if this was personal autos, i would be pulling the trigger, but it's that office supply business i cannot stand. you're not going to grow, bruce. i can't sound like a gator where you'll finish in the top five. you won't finish in the top 25 with that stock.
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it's time for the lightning round. robert! >> caller: hey, jim, this is bob from zion, illinois, but i wanted to give you a great big eagles boo-yah from allentown, pennsylvania. >> oh, wow, i'm going out to training camp. and not just because the bear cats are ready to play. >> caller: i own scott's miracle gro. >> it reversed. our ceo friend was right here. he predicted that the smith would sell. he predicted a blow-out quarter, they gave us a blow-out quarter. i want you to hold and remember smg, scott's miracle gro is a winner. that reversal was unwarranted. tyler? >> caller: hey, how's it going?
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the cubs are about to win boo-yah for you! >> oh, well, good luck, boo-yah. the wrong boo-yah. go ahead. >> caller: oxcy -- occidental petroleum has had a great run lately. i prefer it to conoco, i prefer it to the vast majority of oil companies. however, i do like yield, and it doesn't have that great a yield. i put it in the don't buy, don't sell category because it had that big run. how about henry in new york? henry! >> caller: jim cramer, you're the greatest. what about motorola? >> i was shocked motorola could make money. i would say they're out of the woods. [ buzzer sounds ]
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>> nokia and motorola are still getting smoked by apple! greg in california. greg? >> caller: jim, how you doing? >> pretty good, greg. how about you? >> i want to give you a big bakersfield boo-yah! >> it got cold, i could live in the desert for a while. what's up? i want to know if best buy is a buy, a beer or a bull? >> for mortgage purposes, i like it because i think the u.s. economy is coming back. i'm liking it because it's best in show in the category. i think that's a good situation. i also like the hh greg, by the way. let's talk to shawn in new york. shawn! >> caller: i want to give you a big, it's my birthday week boo-yah! >> i'll give you a boo-yah.
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happy birthday. what's up? >> caller: jim, i've been following this show since you were on km radio 15 years ago. >> absolutely. >> caller: i want to thank you for every bit of knowledge you've shared with us. >> we do not buy the common stocks of any european banks, we buy the preferreds. even though ing got in trouble, they paid the preferred. i want you in preferreds when it comes to european banks, not the common stock. don't tell me it's really over. don't tell me the lightning round is over. don't tell me that score is still up there from the mets. >> that's real. >> and the lightning round is over! >> the lightning round is hu sponsored by tv ameritrade. trading's all about strategy. and strategy's... all about information. so: i start my trading day...
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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. i felt amazingly boxed in. (announcer) joe uses the contour meter from bayer. (joe) my meter absolutely adapts to me and my lifestyle. i'm joe james, and being outside of the box is my simple win.
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i'm pretty much the same as i am in a plastic bottle? except that you'll save, like, $600 bucks a year. but other than that, we're pretty much the same. pur. good, clean water. all the time we come out here and put executives on the waller of shame, guys who cost you money. it's a fun process because i know a lot of you like it because you feel like you've been burned. but you know what we doane do enough of? we don't put enough people on
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the wall of fame. i want to show you what fred hassen did for you. he came on the show november of 2003. he reiterated his promise during the whole affair with vitorn. look what he did versus all the other drug companies. i've got a takeover bid so that's why i stole half of what he did. how many times did we get calls on the willy, the pfizer, the merk. this is what fred hassen has done for you. we're going to follow fred. i wish fred best of luck in the merger with merck, and then i want to buy when he buys at his next place. now, i want to talk about something that we talked about beginning of the year, which is danny meyer. this is the best book i've read
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about business in the last few years. it's called "setting the table." danny meyer came to us in the midst of the great depression. he says what you want to buy are not companies that are going to save you money. don't buy the family dollar or the walmart. he was saying he wants to buy hospitality companies. look at the hospitality index and how it has outperformed the s&p and look at what he was talking about. he recognized that you can go to amazon, good customer service, google, good customer service. apple, monster good quarter. goldman sachs. what he said was the way you make money in a recession is to go with the companies that have built tremendous loyalty. we questioned his judgment. i was thinking you got to go with the companies that give you the most tremendous value. he was right. danny meyer is a guy that i listen to. he's a guy you should listen to,
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too. "mad money" back after the break. now you can stay connected to cramer wherever you go. we have full episodes on itunes. get daily text alerts sent to your phone. now with constant updates on twitter, you can get "mad money" any time, anywhere. cramer's gone mobile. now get "mad money" on your mobile phone. one of these videos and more. all that plus cnbc's realtime quotes.
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welcome to progressive.com. you must be looking for motorcycle insurance. you're good. thanks. so is our bike insurance. all the coverage you need at a great price. hold on, cowboy. cool. i'm not done -- for less than a dollar a month, you also get 24/7 roadside assistance. right on. yeah, vroom-vroom! sounds like you ran a 500. more like a 900 v-twin. excuse me. well, you're excused. the right insurance for your ride. now, that's progressive. call or click today.
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bhes best july since 1939. i'm jim cramer and i'll see you tomorrow! h whoa! honey honey honey honey honey! okay... i mean... you can't... this isn't a stove, alright? i mean... what if i just walked into the kitchen and started making a salad? - that'd be weird. - right? i mean, look, there's a technique. - okay... - ( strikes match ) wow. it's okay, everyone. - thanks, hon. - you're welcome.
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