i'm jim cramer, and welcome to my world. >> you need to get in the name. >> going to go out of business, and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere, and i -- >> "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. not interested. my job is not just to entertain you but to educate you. so call me at 1-800-743-cnbc. you. get over here.

cameraman! thank you. an investor should never take anything for granted. you have to become your own strongest critic. constantly challenge your own ideas. holy cow that's rule number 25 of my new book jim cramer's getting back to even coming to a bookstore near you october 13th. right now we have a lot of theses making us bullish. so our game plan for next week, hence the whistle, where's the clipboard-s is to test each bullish thesis. because that's what really good money managers do, and that's what i'm trying to teach you. i'm trying to get to you invest leek a pro. and you really have to test your thesis on down days. thank you. you have to test your thesis -- you have to test your thesis on down days. when we do this in real can we have look a piece of paper on it? okay. where the dow took a 22-point dive today and the s&p remained almost even, losing one point. so as your guide to the stock market, as your coach, tonight i'm going to go over each thesis

and the stocks and data that will put them to the test all next week. to lay out the game plan for testing your own ideas. the first thesis. i have said that despite all the headlines about how there would be no back to school season retail's actually doing well, not badly. and people are spending money again! on tuesday that's going to be when we put this thesis to the test. why? tuesday's when we get retail sal sales. okay? now, i'm a stock-specific guy. not what's known as a macro guy. i like to focus on individual companies more than broad economic statistics. so while i will pay attention to the broad retail sales number, i care much more about an actual retailer that reports next tuesday. best buy.

bby. you don't go to a best buy unless you're buying stuff that's discretionary, meaning non-necessity gadgets and video games, big-screen tvs that you could easily live without. except for the nfl does start on sunday. that's why there's no better test of the strength of the american consumer than to see if she's following in a time-honored american tradition, purchasing stuff she totally doesn't need. if best buy's quarter is bad, something oppenheimer predicted today when it downgraded the stock, then you know what i'm going to do? i'm going to have to rethink my retail thesis and perhaps be less bullish when i come out here. now, i'll also be listening to the conference call, and so should you since it's the best homework in the world, to see if walmart's taking share from them. that could hurt best buy in the long term and throw off my thesis that it's the consumer that could be in good shape. hey, what else tests our consumer's still alive and well thesis? carnival cruise. another discretionary play. that reports thursday.

carnival cruise, that's the boat company. you know. now, look, it's a great operator. but you can always skip a cruise and pick a staycation in your living room or your den or of course even if things are bad how about on your dirty linoleum floor with a bottle of cheap scotch? maybe some cutty sark. hey, come on, you've got to have a full game plan. i don't just give you the stocks. i give you the cheap scotch. the third test of the consumer's health is discover financial, which also reports on thursday. okay, now, discover financial, i call that a canary in a coal mine. it's not my absolute favorite. it's probably the one that will see the first downturn if we have one in consumer credit. so we've got to stay on top of that one too. second thesis. and remember, i'm testing theses with my game plan. the mobile internet tsunami. we'll always be trying to figure out if the tsunami remains as powerful and wide-ranging as i've endlessly said it is.

a tech product cycle equal to the pc, the internet. those were two tidal waves. or has it been downgraded to a tropical storm by some slowdown i don't anticipate? now, adobe powers a lot of my favorite mobile internet websites, especially mlb.com, and it reports on tuesday. if they say things are strong in that area of their business, then you know what i'm going to do on tuesday night. i'm going to reiterate my mobile thesis right here. palm reports next week, too. now, palm reports thursday. okay? now, this is going to be really interesting because palm isn't a good indicator. i'm worried about this one. i call this one what's known as a false tell. as i've heard a lot of horror stories about the premier smartphone, the pre, having poor sales. if palm disappoints, it might be a chance to take advantage of a decline in the smartphone cohort. palm's sold by sprint, one of the weakest carriers.

doesn't have enough applications. i think it could make a classic false tell if the quarter's bad. you don't want to take your cue from the weakest player in ab industry. another one of my rules of getting back to even. maybe this is a chance to buy smartphone king apple. and why apple? because the iphone's much better than the pre. enough shameless promotion for my book. these are the big picture theses we'll be testing as part of next week's game plan. but then we will also use individual companies to compare and make what we at the street.com where i'm chairman call collateral damage plays. and the first one is oracle, which reports on wednesday. okay? orcl is oracle. it's a company trying to buy sun micro. i'm sure they'll address the antitrust probe, which i think is ridiculous. but i will be listening to the conference call to see if this feisty company knocks collateral damage.

salesforce.com. mierk benios's company. you know i like salesforce.com. it's supposed to be crm, which stands for customer retention management. this stock let's say it hasn't done much since they've made that great preannouncement. i've been wait forget a dip in salesforce.com. customer relations management. maybe oracle's conference call will give us one because they're the most hard boiled company in the tech world. they come out swinging at their competitors. since there's room enough for both companies and salesforce.com is doing fabulously, hopefully -- and you have to hope for bad. hopefully oracle can give us a lowern tripoint to buy crm. we need one. this stock is almost at 58. rallied a couple points today in a bad market. now, you know i'm also into trade down stocks. remember the pickles? cereal. two private label machines churning out store brands for supermarkets across the country. when you want to analyze private label, you don't take your word from the company. every company says things are good. you take it from the company's

customers. which is why i'll be listening when kroger, huge supermarket chain, kroger reports on tuesday. it has the most thriving and robust private label business in the country. if they say good things about private label, you have to think treehouse and raw corp. and you've got to buy them. finally, icing on the cake, i am going to devour the housing starts number on thursday. okay? now, we had a huge bond market rally this week, and i think mortgage rates are going back to the 5% plane or even below that. 5% is the magic number where buyers come off the sidelines. there is a real sense of fear that when the federal housing tax credit goes away this year so will housing sales. that's wrok. remember i called the bottom of june 30th in a moment of incredible hubris? as mortgage money and the privacy homes are the real drivers we are going to see

buyers. i believe price have hit rock bottom and now -- many people say jim play the home builders off this. also nonsense. if we see good housing starts that means the home builders are thinking the inventory has gotten low enough for them to make money again. if that's the case then i want to own -- are you ready? the biggest mortgage lending company. bank of america. which also happens to be in my charitable trust, actionalertsplus.com. i've been buying it. i buy it at 14. i bought it at 15. since 17 the bottom line. man, how do you like that bank of america on thursday? my game plan for next week, it's all about testing our bullish thesis on the consumer, on the mobile internet sunni, private label foods and on housing. watch the data. and listen to what these companies say on their conference calls to get ahead. and that's why we do our game plan every friday. let me speak to john in illinois. john. >> caller: hey. miami dolphin ba-ba-ba-boo-yah,

jim. >> chicago bear boo-yah. remember, you're in illinois. >> caller: i didn't start there, though. >> all right. but focus. >> caller: i hope that new quarterback in philly doesn't go to the dogs. >> oh, man. did you see the way the jets blitzed him in the fourth quarter? there's a lot of dog owners in the nfl. but then again i try to be jaworski. that is the best sports show on. but i'm stuck with being cramer. what's up? >> caller: i picked up my first quarter scale into coinstar two days ago. then i read among things it issued 175 million in senior notes, which i'm guessing is the same as an equity offering? >> not really. but go ahead. i mean, it knocked down the common for certain. >> caller: yeah, knocked it down about 5%. >> just so you know it was convertible notes. that's why -- whenever you hear convertible bond, that does knock down the common. you're absolutely right. go ahead. >> caller: so i'm thinking that since it's a growth business when its redbox product that that will help them with their expansion plans. what's your take? >> i totally agree.

and i'm glad you put the positive spin on it because what's happening is this is a company that is growing. so we want it to raise money. we don't want it to buy back stock 37 we're in the growth cycle here. we think the redbox is a brilliant thing. we know this company could divide into two. we sense it in a lot of the movie companies fighting them are going to come into it. i think you're right. i think coinstar's a buy. i don't like the fact there was -- no one likes to see an equity issuance. but you know what? equity-related issuance. i think we have a winner. i'm standing behind it. you should stand behind it. and you should stand behind the bears because they pantsed denver with that cutler deal. let's go to michael in massachusetts. michael. >> caller: i've got a westboro red devil boo-yah coming at you. >> couldn't be better. thank you. >> caller: listen, jim, you've been talking a lot about the iphone and the at&t data jam. and i'm kind of curious, following the short-term spending spree in towers to alleviate the jam who's going to alleviate technology within handsets and chip design that may have solutions to help this become less of a capital issue

in the future? >> that's qualcomm. now, jufrlt be careful because a sold a little qualcomm this week for actionalertsplus.com. why? it had moved up so 67 is became my largest position. i believe in diversification, and when you have one position that dominates your portfolio if you've got that then you've got to take some off the table. you've got to trim and do what goldman -- that became my large position. qualcomm's the play. now, remember, the game plan is all about testing your bullishness. all right? my game plan says that these companies will, if you can read them, are going to do good things. and if they do, you want to be a buyer. but if they don't, well, you know what in we're going to temper our enthusiasm. "mad money" will be right back.

all week i've been talk up the reasons we should use natural gas as a bridge fuel. with 30% fewer co-2 emissions than oil and 40% less than coal. it's a great bulwark against climate change. and since we're potentially sitting on over 2 quadrillion cubic feet of the stuff, we can use it to break our dependence on foreign oil and start closing that gaping $32 billion trade deficit number you heard about yesterday. but look around. does this look like the cable news chapter of greenpeace? it's not the investing version of the sierra club, nor is it the on-air version of foreign affairs. this is "mad money."

so when we talk about natural gas, what matters is who benefits. who wins from my plan to start a major buildout of nat gas infrastructure? so it can power our cars and replace coal in our power plants over the objections of the as i would have said one time before i became the thomas jefferson of "mad money." the moronic defenders of the oxymoronic clean coal. what comes into my mind when i hear the term clean coal or carbon capture? i think of santa claus, tooth fairy. other fictional characters most of us realize don't exist before you hit kindergarten. don't tell anyone. especially congress. i like to call the coal supporters. i also always like to come one a cheery name for these coalitions that get together to do things that aren't good. and i'm calling this one the pro-black lung, pro-dirty skies, anti-rainbow coalition. because won't see any rainbows if these coalites have their

way. and the objection of the people who want their own batteries -- memory to battery advocates. did you ever wonder how those batteries would be charged overnight? duffer think you would be charging into a coal-based system and it would be far worse for the air than natural gas i? also want to focus on what companies are winning from the ultra low natural gas price that's went down again today? because make no mistake about it even after claiming 15% yesterday the fuel is still under 3 bucks and it is dirt cheap. we're rapacious late-stage capitalists on this show in addition to sometimes communi s communists. why? because we're following the chinese communist model all the way to prosperity. not the model of my great, great, great as everyone knows uncle vlad lenin, never to be confused with the guy who sang "all need is love." so who wins from embracing natural gas? you do. my plan will create jobs, hundreds of thousands of them, probably millions, unlike the

pelosi-obama non-stimulus stimulus package. the pace of job losses may have slowed, but 9.7% unemployment, i call it an ugly number. and my natural gas plan, my capitalist manifesto will help create jobs on top of the environmental and foreign policy benefits. how many jobs? okay. i want a network of natural gas pipelines criss-crossing this country. we know from richard kinders, the fabulous ceo of kinder morgan partners, symbol kmp, that one pipeline, a 1,679-mile pipeline, the rockies express pipeline project, has already employed 15,000 people to date. i want you to multiply that by ten, maybe 20, maybe even 50 because that's the kind of pipeline building i'm proposing. and we're in business. that's real infrastructure. how about new jobs from drilling? that would be massive. just from the royalty payments the pennsylvania residents get from the natural gas and the marcelus shale that is not a lamb dish. that is the state should create 14,000 jobs over the next three

years. a number that could be much bigger if the state works to exploit all its gas. and remember, that's totally ancillary. those are just the jobs that don't come directly from drilling. of course pennsylvania's a coal state. so you think they care about it? nah. the biggest job creator? the switch to natural gas-fueled vehicles. andrew littlefair, the ceo of clean energy fuels, clne, you know that's a good spec stock, which builds and operates natural gas fueling stations, told us that based on the program with just 250,000 18-wheelers powered by liquefied natural gas we'd create 31,000 new jobs building the refueling stations they need. 93,000 indirect jobs making things like tanks, pumps, hoses, and nozzles. another 104,000 building lng gas plants. with 35-315,000 indirect jobs making the component. and to top it all off, you need about 220,000 people to make the trucks. another 960,000 indirect jobs.

just a fleet of 250,000 natural gas-fueled 18-wheelers gives us, are you ready, skee-daddy? 1.7 million new jobs. hey, mr. president, beat that. okay, cramer. i can hear you thinking switching to natural gas may give the economy a huge boost, but how can this clean, green, and cheap fuel make me money as an investor? where's the takeaway? i'm glad you asked. right now the biggest beneficiaries from the natural gas are the companies that are raking in more profits because of its ultralow under $3 price. first, chemical companies, they spend a fortune on natural gas, using about 30% of what we produce. refineries and other petroleum and coal-based products take about 14 persian of our natural gas. primary metals producers like iron and steel mills, aluminum. 10% of their natural gas. agriculture's in there. so is glass. very important. composite making. so you can bet that there's some big winners with natural gas trading down. even after its miraculous run. among the chemical companies

listen to this one. dow chemical. every dollar change in natural gas price per million british thermal units leads to 31 cents to 40 cents and change in its earnings per share. given the company's expected to earn 27 cents in 2009, 1.07 in 2010, these lower natural gas numbers will give you a huge upside surprise for dow. so dow, bring it in. dupont move is smaller, $1 change in nat gas leads to 10 cent change in earnings. dupont's expected to earn $1.80 per share. not as big an impact, and i don't like the patent exposure to dupont on the drug side. how about ppg? my favorite chemical company i own for my charitable trust. you can follow that at actionalertsplus.com. it should only get 24 to 28 cents change naernings for every dollar change in natural gas. but it's expected to earn 2.53 a share. ppg may be my favorite chemical company but dow chemical will report, i believe, an up side surprise from this decline in natural gas. ppg next. dupont distant third.

what about glass? an industry that burns a lot of energy. 99% of those fuel costs come from natural gas. favorite name here, owens-illinois. 06789 oi. the maker of glass bottles that got cut in half back when natural gas tripled. between 15% and 25% of their costs come from natural gas. dollar change in natural gas there works out to a 10-cent change in earnings. how about steel? u.s. steel. $1 change in the price of a million british thermal units of natural gas. 62-cent change in earnings. now, u.s. steel's expected to lose $11.14 a share. so 89 cents a share in 2010 small change, right? but it still could help swing the company's earnings. let me give you in the big winner. owens-corning. the oc. aka the pink panther. makes composites and building materials with a dollar change in the price of natural gas you get a 24-cent boost for owens-corning.

huge given the company's expected to earn 89 cents. that's a 27% swing. okay. here's the bottom line. a whole host industries benefit from lower natural gas prices. but the companies that have the most to gain earningwise from an inexpensive natural gas, dow chemical, d-o-w. remember what i just predicted. ppg, u.s. steel, and the owens brothers, owens-illinois for glass, owens-corning for composites and insulation. there's another game plan. dow chemical. wow. what a winner. after the break i'll try to make even more money.

. hot. the mobile internet tsunami has

hit a roadblock. the smartphones are data hogs, and they're creating a traffic jam in our wireless infrastructure. the iphone especially gobbles up huge amounts of bandwidth, creating all kinds of problems for at&t's customers and potentially customers at other carriers too when at&t's exclusivity agreement with apple expires, possibly as soon as next year. now, do not get me wrong. the mobile internet will not be stopped. the widespread adoption of smartphones and other devices that can connect to the internet anywhere and give you voice, data, music stores, books, you name it, all in one package cannot be halted. this revolution will not be televised. but it will definitely come into your telephone. what the bottleneck means is that phone companies will have to spend more money building out wireless infrastructure. it means there are more companies that can benefit from this massive secular growth trend, perhaps the biggest we've seen in tech since it became clear that the web would be

huge, or even when the personal computer became affordable enough for every family to buy one or two. what is this bottleneck? the bottleneck of the mobile internet traffic jam is one of those rubber neck things? no. it's the cell towers. we don't have enough of them. the ones we have don't have enough antennae. and they could be a lot more efficiently connected to wireless networks. i do silly things like this because i am a child. yesterday i told you the big plays in the wireless infrastructure shortage, american tower, crown castle, and sba communications, all companies that own actual towers. i gave you the com scope that makes advanced antennae that carriers can pile onto those towers to boost their signal. but remember what i teased? remember i told you i had saved two more speculative plays for friday because they were way too small to talk about any other time during the week? because i'd give you the weekend. that's the mandatory taft hartley style cooling off period. where you can think about the stocks but can't buy them until

monday. i don't want anyone buying these two speculative stocks immediately and getting torn to pieces by the shorts who circled speculative plays like shark week, waiting for them to jump up so they can cram them back down and leave them torn to pieces in the water. the two stocks are -- get your -- come on. you're going to say i'll remember them? get the piece of paper and the pencil out. i'll give you a second. okay. the two stocks are harrah's, stratex, hstx, and saragon network. crnt. both are tiny. both have stocks that trade under $10. and both are very exposed to the need to improve our wireless infrastructure. these two are part of what is known as the backhaul which is all the data xhukz that goes on to -- once your phone is connected do a tower, it still

needs to hyung with the actual network, which is what wireless calls are all about. both harris stratex and ceragon make what's known as microwave backhaul radios that provide these connections. about 60% of backhaul connections worldwide are done via microwave radio because it's often cheaper than leasing a land line. in the u.s. no, only 20% of backhaul is done via microwave because we have better wire line infrastructure because we're older, our system's older. even here microwave penetration is expected to increase in a major way. why? because the a data moving between mobile towers and wireless networks is getting larger and larger courtesy of the mobile internet slash smartphone tsunami. the microwave backhaul radios are going to be a major part of the wireless infrastructure expansion in the world's greatest capitalist country, communist china where the brilliant communist government shelled out $40 billion for a

wireless stimulus plan. and in india which is expected to start awargd 3g licenses to wireless players by the end of the year. something that will then allow them to start building out their own networks. man, this is a lot. this is big, big, big. how come i've got two speculative stocks to play microwave backhaul radios? because i'm a true play guy. the biggest companies in the industry are ericsson and n krechlt but they've got so many other business which is why we've got to go speculative. this doesn't even move the needle for ericsson and nec. harris, this is the largest independent player in the industry, 12% market share. i think they're in the best position to benefit from the wireless backhaul buildout. if you're willing to take the risk on the speculative $6 and change stock, market cap slightly below 400 million. hstx. $2.15 in cash, very little debt, company also provided weaker than expected guidance for the next quarter. 15%. i think that signals better times ahead. 33% of sales from north america from overseas.

ceragon only gets 9% of its sales from north america. i think it makes more sense. it's a more balanced, very speculative play on microwave backhaul radios. if you want to play the china and india angle the speculative stock is ceragon, crnt. tiny, $7. $250 million company. it's an israeli business that gets 90% of revenue from wireless, a lot of exposure to the asia pacific region. i wouldn't recommend this one if it didn't have an immaculate balance sheet no, debt, $2.74 of cash per share. it ain't going to crash and burn. remember, with those these stocks, ceragon and harris stratex, they're ultraspeculative. don't touch them unless you recognize the risk. buy in small increments, use limit orders. you'd be a fool to pay up for ceragon because it trades in israel and they watch "mad money" so they will slam it right down your face. here's the bottom line. yesterday i gave you the safe ways to pay the wireless infrastructure buildout. today's speculation friday.

and the two best spec names in the space are harris stratex, hstx, and ceragon network, crnt. limit orders. buy a little each day. they aren't going to run away. and as always i encourage speculation to keep you interested in the game, but you need to do it wisely with long-term stories that could be big. that's ceragon and harris stratex to a tee. paul in virginia. paul. >> caller: hey, cramer, i'm a wireless contractor in the northern virginia area and done some buildouts for some of the wireless companies and i'm trying to get information on metro pcs and leap wireless and what you think, who's going to -- i've got to tell you, paul -- and look, first of all, know more about the mechanics. i always feel like when a guy who's in the trucking business comes in and he says listen, the trucking business is great, and i care about the stocks and the trucking stocks are bad, except for conway. i feel strongly that both those companies don't have much of a chance of having stocks going up

because they missed their quarters and they've done a lot of things wrong. i am not going to recommend -- >> don't buy. >> -- either of those stocks. i think you've got to go back to the cell phone towers. those are better plays. or any of the -- the tellabs, the onn semiconductor. the qualcomms, the broadcoms. they are all better plays. we've got to stick with the ones that work. i want to go to richard in my home state of new jersey right now. richard. >> caller: boo-yah, jim, from exit 8-a on the turnpike. the nj turnpike in monmouth junction. waiting to give you a nice italian meal from my wife and i and a little bit of wine and a little bit of piano playing. >> okay. so i go off 8-a. i make a left at king's highway? >> you go off of 8-a, get onto 130, and we'll get you right there. >> okay. i can do that. i have a shortcut to the backroads. i'll be there. let's see. i've got to knock off -- i finish the show at 7:00. i don't know. like 8:15? >> whenever you like. you call us. we'll be ready. >> i'll bring the cheap cutty

sark scotch. let's go. let's make money. >> caller: jim, first, before i start i'm honestly very excited to speak now for the first time. >> same. >> caller: thank you for all your advice. but i would be remiss if i didn't have to say how i feel a little bit heartfelt about today's date. >> okay. >> caller: with what happened eight years to go to families who were affected and children who were affected. and just americans in general. >> no, you're right. you're right. it's friday night, and i come out all fired up. but that was a horrible, cataclysmic day and we shouldn't forget. i don't want to be cavalier about it at all. i was across the street, saw a lot of what happened. and you're right, and we should remember. and we're never going to forget. we're never going to forget. and i thank you for bringing it up on the show. >> caller: thank you, jim. that's really kind of you. jim, we had a suggestion two weeks where my wife and i follow you and you made a recommendation on amd. >> yeah. hey, did you get that one? >> caller: we did. we did an option on it.

>> smoking. what did you buy, the 5s? >> caller: the 10. >> oh, man. come on, you're a little bit of a dice roller. 5's triple. what's up? >> caller: anyway, with it going on for the next two weeks, as you know, it's going great. this week in "business week" today came out an article about amd entering into a new marketing campaign called vision. and what this campaign is about is the speed war with intel because -- >> well, it's a speed war with nvidia and intel. >> right. >> caller: but what's happening is they admit intel's quicker on computers. so they're going tort vision and how to focus on their chips to make them more with a lifestyle of looking at the computer is going to be more attractive to the consumer than the speed. >> richard, let's cut to the chase here. amd is a play on graphic chips, on the fact that they're on the list now. this is a stock i recommended at 2. it's now doubles. i think it's got a $7 target. why?

because they're going to kill nvidia. and that's what the real focus is. forget intel. we're going to leave intel off the table. amd is going to be a graphic chips king. amd goes higher. remember what i'm saying tonight. harris stratex networks, again symbol hstx. and ceragon networks, crnt. limit orders, proceed with caution, study this weekend. stay with cramer. >> announcer: coming up -- the "lightning round." cramer takes call after call to give your stock its final judgment. can you keep up? uuuuuuuuuuuuuuuu

it is time. it is time for the "lightning round" on cramer's "mad money"! what is that, you ask? that's rapid-fire calls one after another. you say the name of the stock i tell you whether to buy buy buy or sell sell sell. and just to be clear i do not know the callers or stock questions ahead of time. staff prepares the graphics on the fly. when do we play until? until this? this? no, it's until this! and then the round is over. are you ready, skee-daddy? it is time for the "lightning round" on cramer's "mad money."

laura in missouri. >> caller: hey, jim. kansas city barbecue boo-yah to you. >> matt cassel might start on sunday boo-yah. what's up? >> caller: hey, i have a question about mcdonald's. mcd. and it's actually kind of a two-part question, but it's really fast. >> two-parter. >> caller: okay. you know they lost their lawsuit, right? >> the one in malaysia? >> caller: yeah. >> oh, come on. that's like two ringits per burger. >> caller: yeah, i know. but still, i was wondering what you think of mcdonald's after the publicity of that and also what do you think of them in about a month or so from now after some of that publicity has died down? >> first of all, i don't give a darn. and i don't think we should focus on that malaysian suit. as much as i think it was ridiculous. because what have they got some sort of trademark name. here's the deal with mcdonald's. trading down on domestic sales. mcdonald's is one of those companies that does too well

consistently. i talked about it last night. mcdonald's is a company that gets an a, so when it gets a b nobody cares. carl's jr. reports next week, could be an interesting place. and i also think wendy "uss a bottom up play. so i am not going to recommend mcdonald's here. it's too consistent and this market doesn't want consistency. terry in california. testifiy. >> caller: boo-yah, jim cramer. >> boo-yah. >> caller: my stock is first niagara. fnfg. >> everyone's giving up on first niagara. i happen to recommend the stock in my new book coming out october 13th, "getting back to even." why? because this is a company that will get -- this will get fdic favors. it already has to be able to buy a lot of banks. when you see -- come on, give me a -- no! i'm not stopping! i can't -- i'm doing one tomorrow morning. it's fashion week. i'm doing a fashion week "lightning round." all right. first niagara is a long-term play because that's the most

solvent bank in the northeast other than new alliance and people. let's go to gordon in tennessee. gordon. >> caller: yes. >> hey, my buddy matt horly's fishing down there in tennessee. it's supposed to be beautiful. what's up? >> caller: it's wonderful out today, nice and cool. listen, a big huge boo-yah. and i'm calling about alliance insurance, ticker symbol az. >> not a bad idea, but i have to send you to travelers. why do i send you to travelers? this dow stock? because travelers has the best management in the industry. my friend buddy pal jay fishman, who was a monster buyer of bonds and never did any of that ridiculous subprime. let's stick with travelers and go to diane in my old home state of pennsylvania. diane. >> caller: hello. >> hello. >> caller: hello. a big boo-yah from the steeler nation. wanted to know what's your play on china unicom? >> my prediction troy polomalu's supposed to be out four to six weeks, i bet you he's playing two weengz from now. that guy's superman. i love him. china -- chu is finally starting

to move. why is it starting to move? it's not just because it's the best technology but that apple deal is close, close, close. the big apple. they're going to be shipping i think 5 million iphones. china still rocks. you've got a winner in chu. i own it for all right, lshlths, reply charitable trust. i want you to think like cramer. titans are in trouble. ooh. hey, i'm cramer. welcome to "mad money." welcome to cramerica! other people want to make friends. i'm just trying to take apart some bears. >> this is an inverse head and shoulders pattern. the so-called neck line connects two peaks on either side of the head. it made me think what it really is is some sort of bogus

hocus-pocus. no more thorough, well, than this head & shoulders demo. right here's an inverse head & shoulders. the old head & shoulders inverse, of course. anyway, you get the point. right? i've got to show you something. and i have to tell you, this ranks so high that my freshman daughter actually used the fabled "omg." >> hanging out with jim cramer here. mmd. goi "mad money." it's going down. >> boo-yah. >> boo-yah. this is exciting i feel like i belong here. >> this one is from anthony. dear jim, i've hated you for the longest time. i don't care for you either, anthony. >> jimmy, it's mikey from the scary bear-infested poconos. how are you doing? >> yeah. you know, i almost hit a bear when i went through there recently. i happen to like that area. the pocono area. >> erin burnett is super hot

boo-yah. >> erin's real smart. boo-yah. i am a diplomat. i mean, like you know, i'm not one of those -- i'm a diplomat like 50 cent. >> why have i got this silly football? why do i have my helmet i'm not going to put on because it's going to block my face but i still kind of like it? the nfl starts this weekend and it's on nbc. >> big-time eagles fan. i'm excited for sunday. >> i get nervous. >> caller: i hear you. >> and my fantasy league, i took a lot of giants. brandon jacobs, my lead back in my fantasy league. so when the eagles lose, i'm not down here on the cheap linoleum floor drink the terrible scotch because that's what happens when the eagles lose. it's too emotional for me. it could go all the way.

ous news today about how prosecutors are poised to panel an aig prosecution jury. now, that's a headline i can get behind.

♪ hallelujah ♪ >> it's something i think could give them an open and shut case. it's pretty simple. i need you justice guys to do this. i need you to go get the transcript of the early 2007 all-day analyst meeting for aig. are you listening? take this down. i say this because whenever i came out and said that aig didn't have a clue about what it was saying or doing at any point after that day, which is polite in retrospect because the government was looking into deliberate confiscation. the company would fire back nasty assertions about what i said that day. almost every one of the assertions made by joseph cassano now looks suspicious. any e-mails about what was going to be said at that analyst meeting and what the truth actually wuds, i think, should

give them a slam dunk case. as for lehman, their actual inventory of bonds was repeatedly misstated. a simple look at what the bedroom was saying in april, may and june about its exposure would do them in. why am i bothering to do the justice department's job for them? because these are cases that must be made. and the feds lately have great track record of dropping the ball when they come after people. i mean, i don't know. you shouldn't even read this. i spent the night reading this last night. except for when the steelers were on. when i looked into the incredibly botched investigation of madoff by the sec, as remitted by the internal investigation just released, it's an amazing report. the the organization, which as admittedly about as bush league and pathetic as it comes repeatedly talked about chemokooeping their eye on the prize. they used that term. the allegation that made up routinely front ran trades. that was the wrong darn prize! they were barking up the wrong

tree! and you would the evidence the sec got were from voluntary submissions from people who risked their careers by coming forward to tell the truth about the massive ponzi scheme, not the stupid front-running nonsense. they didn't pay any attention. these people risked their lives to come to the sec. they did nothing. the sec examiners didn't understand the strategy madoff claimed to be pursuing, buying puts on the index. meaning repeated investigators had no idea how options work. didn't take the time to learn. they should bring in that guy that we had from "options s"o "optionss xpress this week. i don't want justice to make the same mistake as aig or lehman. oild love to be brought in by both of them, really on both of these matters. i would like to be brought in myself. but at the very least, i hope to get their attention. we can't have the doj falling victim to the eye on the prize logic of the sec and have the prize turn out to be the wrong

one, causing the government to lose what should be open and shut cases. just read the december analyst meeting transcript and look at the e-mails that led to what was said there for aig and simply look at what lehman was saying april, may and june to the analysts. you've got a closed case. the prosecution never rests, at least if i'm not on the team.

>> i aim came back from vacation. there's always a bull market somewhere. i'll see you monday. exactly the close today, it's a big stall. has america lost its vitality and optimism? or are we truly on the road to recovery?