get out. unless money is going someplace else it doesn't work. sell. >> anthony? >>. >> one of the things we can do is take advantage of the higher options prices andevening. i'll see you tomorrow on the halftime show. follow me on twitter. mad money with cramer starts now. >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always it and i promise to help you find it. mad money starts now. >> i'm jim cramer. welcome to mad money. other people want to make friends. i'm just trying to make you money. my job isn't just to entertain but i'm trying to teach and coach. so call me. every time you think you've seen it all. every time that we thought there can't be any more scandals as bad as the last one or anything

else that can top the most recent travestry well, wall street comes up with a new one that makes you feel like it's not worth it to be involved in our stock market. i can't tell you how many times i have come out here on days when there was bad news involving insider trading or flash crashes and say to myself how can people take this anymore? the abuse. the answer, frankly there's really no other choice. you simply can't make enough money in any other asset class. particularly bond where is the rates are so, so low. to be able to retire or take that trip you want. pay for tuition. bonds can't pay for that tuition. you have to own stocks. you know what you need, though, you need a survival handbook. that's what i'm giving you tonight. first, scandal is not new to wall street. stock markets mechanisms haven't always been smooth.

the '87 market crash. i traded through that. that had more to do with machines going wild than anyone remembers. it looked like the economy was going to get weak because of the crash. it didn't. it was strong. that said we seem to have ra ratcheted up the unfairness. who can forget the hideous event that was the long awaited facebook fiasco. this was a once in a lifetime opportunity to bring people back to the stock market. a company with 1 billion users skoming product. a sterling reputation. a loved product. quirky but no more quirky than google. everyone in it had already gotten rich. the company had tons of money on hand. wasn't like they needed to be greedy. it would have been an unbelievable moment to price the deal reasonably so everyone won. they offered it as $38 a piece.

a price they knew was at the top of the end range. especially given last minute information that they were being challenged by going desktop to mobile. now the deal flops in a horrible way. making matters worse, the nasdaq couldn't even get the stock open and when it did the deal fell apart before our eyes. no one could even sell. total chaos, confusion and overevaluation. a classic opportunity to bring people back to the stock market was botched and we had still one more event that drove people to the sidelines. it was just like the.com bomb that i lived through, 1999, 2000. how about the flash crash in may of 2010 when the market lost $10 trillion because of a computer glitch. i was on television when it happened. it's one of the most embarrassing events i've ever seen. who could trust that with her

life savings? stocks didn't even seem like an asset class that day. seems like smoke and mirrors. how about the latest round of insider trading scandals. this ensnared hedge fund managers and he was director of goldman and sacks. got 11 years in the slammer. i'm not even talking about what the government overlooked. they can't protect you from the scams. many people knew the returns were too outstandingooutrageous. also these allegedly connected to sac capital. how do you vaccinate yourself from this? how do you protect yourself? first some can't be stopped no matter what happens. if you're lucky if you are able to avoid it great. but you can't. you never know when it's going to strike. i can't protect you from economic elapse and the great credit crunch reception of 2008,

2009, even diversification only cause you to lose less in that year. consolation, the great destruction of wealth, nothing can protect you if you own stocks but i can offer you simple rules that will let you have more confidence in the stock market even if you think portions are rigged or beyond your comprehension. first rule, know what you own. everyone thinks they know what they own but how does this protect you from the ways people and machines can abuse you? if you know what stock you own and the stock goes down, the flash crash, you'll be able to take advantage of that, the mechanical lunacy and buy more at lower prices than you thought you would get. second, if you know what you own, you can handle a stock plum mitts. facebook is actually a good company. maybe you could buy it on the way down and get a better average. third if you know that you own

what you own, then who cares about guys, any of these guys nbaed by the u.s. attorney? what does it mean? if you know what you own you are in control of your own december a -- destiny. a lot of people think they know what they own. it's a real issue. it's a practical way to look at it. first, say you stop me coming out of the new york stock exchange one day down at wall street and this happens five or six times every single day. let's say you shout at me. you say hey cramer, what do you think of that xyz corp. i say what do you think? tell me what it does? tell me why you bought it? the vast majority of the time people don't know either answer. they don't know either answer. they got a tip or saw a chart or heard from some uninformed chart. but they have no idea what it

does or how it's even doing. they don't know in a lot of cases what it makes. how it makes it's money. they don't know if it pays a dividend or know if it makes money or loses money. they have no idea. by the way i see this all the time too, jim cramer on twitter, should i buy more, should i cut my losses. i say why did you buy it in the first place and if you don't know of course you should sell. here's what you need to do. ask yourself the same questions i put to the perfect strangers every day. can you answer them? do you know them? if not, you shouldn't be investing in that stock. maybe you shouldn't be investing in any stock until you do. there's always index funds and good mutual funds. the first rule is get knowledge, please. know what you own. can you describe it to me? can you tell me what it does and why you bought it and give me a three sentence pitch about why it's good? if you can't, don't bother me and don't bother buying. here's a promise and a prediction. you're just going to lose

yourself some big time money. why don't we start with questions. scott in colorado, scoot. >> hey jim, i have a question about price targets. when an analyst sets a target price, how does that fit in my planning for evaluating stocks and when does that expect to be fulfilled by the analyst? >> one of the reasons why i'm mutual on price targets, is because these analysts as the stock goes down they keep making their price targets lower and as the stock goes up they make the price targets larger. it isn't all that valuable. what i find valuable is what they think the stock is going to earn and then we try to apply a multiple to it. the key thing is the earnings estimates of the future. that's why stocks trade where they do. profits and then we can figure it out on a case by case basis. don't use their price targets. steven in california, steven. >> yes, jim.

>> i found a stock before and it had a reverse stock split. it didn't do that good. i'm wondering when a company does a reverse stock split are they trying to make it more interesting for other companies or are they just trying to save money. >> no, steven it's a great question. what they're trying to do is save embarrassment. citi group did this. they felt a stock under $5 wouldn't attract institutions. they like to buy stocks over $5. it was a way to gussy it up a little. it has nothing to do with the fundamentals of the company. it doesn't help or hurt them but it does make a stock more investable to institutions whether you think it should or not. everyone needs the stock market. everyone needs a survival guide to the stock market and it's a jungle out there so the way we're going to start is if you know what you own and can explain it to me, then you can buy more if it goes down. mad money will be right back.

>> don't miss a second of mad money, follow @jim cramer on twitter. have a question, tweet #mad tweets. send an e-mail to mad money@cnbc.com or give us a call at 1-800-743-cnbc. head to mad money. cnbc.com. [ male announcer ] it's time.

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welcome back to cramer's stock market survival school where i'm giving you your g.e.d.

in trading through tough markets and your b.a. in investing. your masters in what to do when the machines rise up. like terminator 2 judgment day. caused the market to plunge 1,000 points for no reason. look at may 6th of 2010 and if you listen and you listen well maybe you'll get your doctorate in making money when everybody else is losing it. that's the degree i want. we may not be able to control the amount of pain the market throws our way but we absolutely can control -- >> the house of pain. >> how we deal with it. we can control whether we're prepared for the pain. how we're positioned so we don't lose the money because we have taken proper precautions. there's risks you need to watch out for in order to guard and expand your wealth. right now i'm talking about how you can deal with the risks that come from being a human being. from simply being human. there are many of them and if you're not careful, you could end up doing more damage to

their portfolio than any external force, any negative that takes down stock. basic investing mistakes can lead to enormous investing losses. i'll help you try to make your portfolio safe, maybe from yourself, so ensure you're any a position to make money. not lose it no matter how broken or rigged a game may seem to you. i don't think it is. but i do not quibble with those that think it s. you kbt afford to make the mistakes regular investors try all the time. here are my rules were agony proofing your portfolio. lesson number one is know what you own. each stock requires time and homework. got to be able to explain it to me what it does and why you bought it. lesson number two never buy stocks on margin. do not borrow money from your brokers to purchase stocks. these are not homes you can live

in if they do down. it's okay to make out a mortgage in that case but not stocks. it's not home it's a piece of paper which can go down in value. the brokers always want to make a lot of money off of it. buying on margin may seem like a great way to make a small amount of money to go a long way but it's a great way to wipe yourself out. you can't sustain them. you can't buy more as the stocks go lower. once you get too deep in the red the margin calls come in and you have to sell to cover what you owe. it's not safe. nobody needs that level of risk. i consider margin the equivalent of juicing in professional sports. starts off great. ends badly. lesson number three, this is also something i hit you over the head with all the time but it's so crucial have to explain it again, never use market orders. when you pick up the phone and call your broker and tell them the buyer sells stock but you don't name a price, that's a market order.

what you're doing is giving that broker permission to fill your order at any old price the market gives you. let's ask that, you go to the super market i'll buy this head of lettuce at any price. would you do that with a sbweatr at the mall? no, and you shouldn't do that with stocks either. market orders are how people ended up selling procter & gamble for $38 a sell even though it was worth $30 more when the machines took over and we tumbled nearly 1,000 points. the flash crash in the time it took me to walk out on the set and just sit there for street signs for a few minutes. with all the nasty stories about investment banks and conflicts of interest, while your broker maybe a helpful person his interests aren't aligned with yours. his top priority isn't to get you the best deal. his job is to generate commissions. that's not what we do on mad

money. i don't have conflicts here. i don't want your commission. have i ever asked for any fees? no. that's why you have to trust me. i'm always urging limit orders. it doesn't cost a penny more but can save you a fortune. tell your broker the highest price you're willing to pay if you're buying and lowest price if you're selling. you'll either get your price or if the stock isn't there at that price then the trade won't happen. that's okay jouchlt to protect yourself. always use limit orders not market orders. never forget the lesson of that awful bogus down 1,000 point day. first of all it could happen again and it wasn't bogus for those that used market orders, because those trades happened. they got hosed. i don't want you to follow in their footsteps. make money on the down days. buy stocks at your price. heres the bottom line. if you don't buy stocks on margin and you use limit orders rather than market orders, you'll get hurt less than others

that don't know better. these are the first steps to making sure you survive a horrible market rather than getting panicked at the scale of your losses and then getting blown out. after the break, i'll try to make you even more money.

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now we're going back to school. cramers stock market survival school. when it's broken there's worries that the system isn't working correctly. we know what can happen even in bull markets. maybe then it's more important than ever to know how to protect yourselves. stocks sometimes go down. it's the nature of the game. don't be in the game if you think your stocks will never go down. there are times, though, they go down harder than others. at times when they go down relentlessly and it's unbarable. that's why i have gone over three important lessons tonight. always know what you own, never buy on margin, never use market

orders, only limit orders. these are basic rules, sure but basic because they're critically important. they're essential to building and maintaining your wealth. i have four more lessons to help fight the bain. keep you from losing more money than you have to. this is the need to know what you own, you cannot own too many stocks. knowing what you own takes time. it takes homework. i always like, maximum one hour per week per stock. even if you can give it a 15 minute overview, much less than that you might as well be gambling. if you don't know what your own when your stocks go down you have no idea what to do. should you buy more on cut your losses? the only way you can feel confident is by doing the work and understanding the comforts in your portfolio and it's not safe for many homeowners to own more than ten stocks at once. i know that many of you own far more than that and i did at various times own 20, 30, i can understand that but as soon as you get above 10 you run the

risk of just running up your own mutual fund. you shouldn't feel compelled to mirror the s&p 500. there's no reason to own when ten diverse identified stocks will do. it's like having a part time job in addition to the one you already have but ten is right. more than ten you'll start skimping on the homework and that's dangerous. especially when stocks seem to go down a lot. in periods it's horrendous to have that many stocks. don't own too many low dollar stocks. i accept low dollar single digits. they help by making it interesting. they allow you to keep your head in the game and while it's still safe to have a speculative stock in your portfolio the emphasis is on the single. not more than that. because as tempting as they can be they shouldn't make up your

whole portfolio. they're risky and a bad market risk is something you want less of. not more of. you want the colgates and the co cloroxs. no ceo said i want my stock trading in the single digits. why i said many companies like to do 10 for 1 reverse splits. make them see more investable. it may seem like under $10 names have less town side. but that's a trick of the eye. single digit stocks can go to 0. own more than one and many of you do, you may just be gambling. next lesson, and this one i beat over your head every wednesday on mi diversified but it's so critical, you must be diversified. it's the only free lunch. it don't cost you nothing but it saves you money. that's a point i make in jim cramer's real money which is still in paper back after all of these years and was the handbook to when i used to run my hedge

fund. no matter how many times i say it many of you still keep too many of your stocks in the same sector. i keep getting them. i can't believe it after all of these years. why shouldn't you put all your money in one hot sector? why do you spread it around? so that no more are in the same sector when the hot sector could make you so much money? because the biggest risk out there is sector risk. ask the people that doubled down in 2000 and lost it all staying diversified when a big bad event happens. one that can damage an entire sector. only some of your stocks will go down if your diversified and maybe, just maybe, others will even go up. same thing with the bank stocks in the 2008-2009. they were hot and housing stocks were hot. when the market is getting killed day after day after day it's important to have enough dividend paying stocks. ahys, accident high yields. most people think they're

boring. senior citizens and retirees only. like i told you earlier 40% of returns come from reinvested dividends. you always have to reinvest them. you're giving up half of the gains you can expect overtime to make from stocks and all the reasons that make dividend stocks worth owning becoming more compelling in a down market. that's when they really, really give you that cushion. yes, they're even a trampoline because as their share prices go lower the yields go higher making them more attractive to other investors that don't own them yet and give you a better return for owning the things. you can buy stocks with bountiful dividends safely on the way down. i can't emphasize how important that fact is. there's so few stocks you can feel comfortable buying when they go lower. stocks that used to have small yields but because their share prices have gone down, not because they cut the dividends, their yields have become notoriously big and they're one

of the few groups you can feel comfortable picking away at. they worked better than any other kind of stock during the financial crisis. the dow went down and they work and still work whenever the market gives you these dividend bargains. by the way, the big dividends for companies that can afford them, well, they are bargains. mark in my home state of new jersey, mark. >> yes, booya jim. >> booya mark. >> do company versus to publish their dividend dates and how many days or weeks before do they have to publish it? >> everything is on -- all the different finances sites have it but i care more about the price you buy the stock at. if you don't have the dividend then you buy it without the dividend. if you do have the dividend you get it with the dividend. these are just all -- i won't say they're slight of hands. what you should worry about is high quality stocks. if the dividend stock advisor which is a fantastic news letter

that the street.com has explains this and it's a great place to look. louis. >> good afternoon dr. cramer. i have a question about diverse fireworks kags and risk. i watched your show for several years and i'm newly retired. i owned 8 position and followed your advice and buy a good company in stages. it dips a little bit. every time i sell i allocate the profit and dividends received as return on my capital leaving the profit allocated to renaming shares of the position. so now have four stocks that are 60 to 100% owned and that's a profitable booya. >> that is so perfect. you are the total game plan. can i help you. >> yeah, here's the question, the other four stocks at risk that i have, i own are diversified and balanced and most have some profit but some of them overlap the other stocks

that are owned with houses money. so which is more important? diverse firewor diversification and balance the whole portfolio or those still owned by my capital. >> this is the first time i ever had this question. if you're playing with the house's money i'm going to bless some lack in diversification because you won't get it back. diversification is about not getting it back. but you've already won. >> josh in louisiana, josh. >> booya, jim. >> what's up? >> i was wondering how you use the future's market to judge how the market will do without tlout the day. >> i hate it. i don't use it. people that use it are lazy. they're looking at how europe was or asia was and making a determination. we trade stocks. not futures. that's quite simple. so look, you have got more tools for your survival now. we noted don't own too many

stocks. we know limit the number of speculative stocks they tend to trade together. diversification is free. the only free lunch and focus on high yielders in times of trouble to reduce your risk. stay with cramer. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ]

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i can teach you how to handle the inevitable corrections part of stock market survival school. going over the things you can do to minimize your down side. check your portfolio against action that's nasty.

even the original sequester scares. i want to go a step further. in order to deal with increased risk from a market going up a great deal and many consider to be frothy, you need to understand what the risks are. you need to know what might cause the next sell off. you need to be familiar with forces causing your stocks to get hammered that you may not even know about. in other words when the market corrects and you know it's going to have to, you need to know why. you need to know what's really hurting your stocks. now we like to think when a stock goes up and down it's because of what is happening at the underlying company. that's quaint people. companies do well get a high yr stock price and if they don't get they lower ones. that's how things used to work. but in the vicious decline the connection between a company and it's stock can be thin and often severed. you'll see the good companies taken down with the bad ones, even when they report good news.

it can drive investors insane. if they get a blowout quarte. >> your probably thinking what can make it go higher. why bother to do the homework cramer says you should do? there is a reason. eventually we'll come out of the sell off and they'll start mattering again. in the interim it's crucial you recognize why this is happening and can make sense out of the chaos and tough quick percentage spill, you'll see stocks selling with the good, the bad and the ugly going lower. some of that the pure panic but there's also structural reasons why this happens. you need to know them. hedge funds turned stocks into an asset class. this is a verb that's new, comoditized equities. this is where they all trade

together. for many of the institutions individual stocks are too small to handle the amounts of money they're dealing with. so they turn to the s&p 500 or the big efts that allow huge bets to be made in segment. in a difficult market this optimism takes -- i'm sorry, pessimism takes over, these hedge funds will sell the futures and bang them down and sell the etfs and that brings down everything in the s&p. there's also an element of group thing. here most managers, they tend to act like herd animals. i want you to think wilder beasts on the discovery channel. hedge funds going wild and we saw it over and over again in the old days. this is what you must always understand as an investor. all the things that can cause the stock to go down have nothing to do with the

underlying company and th that confuses you. these have nothing to do with the fundamental or testify company at all but still assert an enormous amount of control over where stocks go. especially in a bare market or one of the incredibly quick declines. we always must be on the look out. what am i talking about? let's say we're in a prolonged down market. you have to worry about the ability of short sellers to create fear and panic. it trumps the ability of buyers to have greed. this is new. it used to not be like this. we used to have a security and exchange commission that stopped this sort of thing. one that helped you. helped the home gamer. helped the bill guy and then the bush era came along. the sec, well, lessonened it's

commitment to the individual and they repealed something called the up tick rule. it was back in 2007 they did this. this was a regulation in place since the great depression. it was created in the aftermath of the great crash and that was in order to overt another disaster of the same sell which curbed the ability to bang down stocks endlessly. they had to wait for somebody to be willing to pay more and uptick before they could sell a stock short. for 79 years it worked. then the sec got rid of it and the stocks were able to run wild. do you think it was a consequen coins dense. we have also seen the same thing with the european countries since the problems began or we have seen it in stocks in our market because of deficit

funding or debt ceiling issues or the sequester. when things are good we forget about the impact of aggressive short selling without limits but when they're bad we feel them a plenty and they're not fair. i hate it. short sellers aren't the only risk. we now have mass destruction. double, triple leverage. give you two or three times the short selling bang for your buc. these are etfs that exist for day traders. that's not the point of the stock market, is it? we don't work for long-term or medium term investors. take the skf. that's the ultrashort financial proshares. you think it would have made people money during the financial crisis. many of them got wiped out. wouldn't this be the instrment of choice? wrong. it actually lost you money. one of the worst years in bank stock history and that's what

happened? how is this possible? they're designed to track day-to-day changes. at the end of every day they rebounce and they're more of a play on volatility than any of the sectors that allow you to own. so here's interesting issue. if these efts have no value for long-term investors, what's the point of having them? frankly it's hard for me to avoid the conclusion that the main function is to allow the shorts to get around the margin rules and manipulate the market with selling power at once. this gets at a problem with an sec interested in protecting you and regular investors. we'll deal with that after the break, though. stocks are not cash. they don't act like cash. they can't be viewed as cash. stocks go down for many reasons that have nothing to do with the underlying companies and their problems including hedge funds gone wild and the selling fire power of the efts of mass destruction. stay with cramer.

>> jim cramer you're one of my heros. >> i look forward to your show every weeknight. >> thank you so much for helping beginning investors like me. >> when you talk about the markets, i just believe that you're spot on. >> oh i love it. thank you so much. every night we watch you. i have learned and earned. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. ♪ unh ♪ ♪ hey! ♪ ♪ let's go! ♪

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all night i have been teaching how to survive rough corrections to a bull market. i told you about the mistakes to avoid yourself. warned you about the forces to push stocks around like the mass destruction. things that can cause the stocks to become disconnected from the performance of the underlying

companies. but there's one more risk you need to know about if you're going to invest in a dangerous chopping market or one that suddenly turns like that. it's that the lifeguard is off duty and when you go swimming in this market, you had better remember there's nobody out there making sure the water is safe. the sec which would be working to protect the little guy doesn't think it's their job anymore. that's my opinion. they turn the portfolio 11 times in 10 seconds over the ordinary home like you. this is the market you're dealing with. we need an sec that protects the unsophisticated from these. instead we have one captured by the exchanges and abets the most sophisticated traders at the expense of you. this is no longer the sec of awe arthur leavitt. his mantra was to give the

little guy a break. to level the playing field. to make the market safe for the individual investor. he favored regular retail investors and home gamers like you over the big institutions particularly the hedgefunds. the big boys didn't need protection. they have all kind of money but under the anything goes bush sec that all changed and i i think the obama administration so far has hardly done anything to roll back the damage. they value kinds of financial invasions that make the market less legitimate and less safe for you. all the changes that make the market faster and allow them to ping themselves for quick gains, they allow them to invade the margin ruls, bring double or triple etf selling power to appeal the original uptick rule that protected us from endless short selling. the sec improved or inacted these things that make the market more difficult when it

gets bad and will do so again when we get that quick sharp decline. if you expect them to get your back, think again. if you think the exchanges want to maintain the legitimacy of the stock markets, not so much. they're not on your side. the bias is to allow lots of fast trades that each generate a fraction of a penny in profits. in the old days they were nonprofit organizations that can police themselves and now they're for profit public companies and their goal is to make money. nothing wrong with that but we're living in a different investing world and the sec doesn't notice. until we get somebody in the sec that says let's look at this through the 401(k) instead of the right to have double or triple ots then you should not be surprised by any kind of outrage. this also means you have to protect yourself.

yourself from the madolf of the world that give too good to be true performance. the sec isn't to find these people. maybe it's examining the minor players instead of the major ones. demand reports from the manager's master account. make sure you can deal directly to get results. he won't like that. i don't care. don't give money to a money manager where he puts it to work in something that doesn't have an easily accessible price. you never want to be put in that mortgage back junk that burns so many investors. if you can't find the price on yahoo or cnbc.com i want you to take your money away from these people. i know. here's the bottom line, flash crash it's more like a battlefield circulation where they vastly outpaced the ability of humans fire power. it makes no sense whatsoever. these are the normal because the

obama sec like if bush sec isn't watching the store. we don't have to like it. we better get used to it. stay with cramer. (announcer) at scottrade, our clients trade and invest

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what's your policy? i've said it before. have the smartest viewers around. let's hear from you with some of the tweets you have been sending @jimcramer. our first tweet is from@allen pal 6. he writes why limit orders only. let's say you had a sell order in during the flash crash and we know flash crashes are no longer going to be isolated events. well if you had a market order and it's entirely possible, stock was at 60. went to 40. whether you sold it at 40, they can give you whatever price they

want and then it bounces right back to 60 but if you put a limit order and sell it at 59. your sold at 59. you can buy it back at 30. it's about flash crashes. that's why. it's about wild markets and taming them with limit orders. our next tweet is fantastic. it's true, @jimcramer called me out for yawning when at hashtag georgia tech. haven't yawned sense. i can't stand yawning or sigh. i used to make people leave if i caught them yawning. i said go home and take a nap. but i also approve of our staff's hunting through the archives. >> no more yawning. i used to fire people when they yawn. i make them walk around the building and come back to yawn again they're fired. >> i have become sweeter and kinder and gentler now. when someone on the staff yawns i say listen go get me a soda or

diet coke. i'm no longer trying to fire people. but i think i will. anyway, here's another tweet -- i'm not kidding. that means sighing is even worse. here's another tweet frfrom from @zander 318. your portfolio is about companies. own stocks for heaven's sake. this next tweet comes from at garc 108 who writes let me get this straight on wall street roll up the sleeves when cooking and cleaning leave them down. yeah, that happened to be her day off. our proprior -- [ inaudible ] -- it was a good day. let's go to the next tweet who wrote the following.

i got a year left of college. what would you recommend to do during this senior year aside from hitting the book's hard. >> have the time of your life because i got news for you. every day from that on is work. college is the best time of your life. don't waste it working. here's another tweet. this one, booyah from he kwecua. watch you every night. great show. if you can tell me they watch me at galapados, i know i have reach. let's stop because we're out of time. you know what, on the yawning guy, i got your picture. i know where you live. i'm coming for you. stay with cramer. i want to make things more secure.

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i like to say, there's always a bull market somewhere and i promise to try to find it just i'm jim cramer. see you next time. well, whatever happened to the summer swoon? stocks continue to rally, the economy is showing more signs of strength. wait a minute. weren't the sequester and the overseas turmoil supposed to ruin everything? i guess not. i have seven pro growth policies coming out of d.c. that will help stocks, jobs and the economy and things are looking up in the state of south dakota. there's the winner of this year's cnbc's top states for business. we'll explain why south dakota came in at number one. and look at what the folks in washington, d.c. could learn from it. and speaking of washington, d.c.,