. >>> montgomery county is doing everything possible to keep costco interested in opening a store in wheaten. as alex reports, if the county doesn't act fast, they could lose the opportunity. >> costco has its eye on wheaten. >> this is a vacancy that has been in place for four years. >> the largest membership warehouse club chain in the country is committed to come to west field shopping town on the condition a gas station is fast tracked through the county. >> this is our best opportunity. >> montgomery county economic development director, steven sillerman tells us costco was considered an economic project promising to score hundreds of jobs in wheaten. that's why the county wants to speed up the process of bringing the store and the gas station and provide the same safeguards. the county is trying to work with the community and obtain an agreement now rather than a year from now. >> the risk is costco is simply going to move on and build another store in another location and we'll miss this opportunity. >> i don't see a costco having much tractions, as long as the plans are in pl

those stocks are rotating into costco and walmart. and that, again if you want retail, that's what's going to -- walmart, costco and revenge of the in other words. this -- utilities and don't forget. >> what about the -- >> mlp. >> what about the homebuilders? you were telling me earlier -- >> they are domestic. everybody is freaking out about the homebuilders because they are saying the tax credit has gone away. i urge people to go on the horton conference call. this has so much momentum and not -- it is not affected by the peninsula let alone monaco, luxembourg, san morino. >> there's no -- no portuguese restaurants even -- >> no. i have citi national on the -- after the bell. my show. and that's -- california based bank that does not care about paella. >> well -- >> there you go. >> there you go please watch "revenge of the nerds." >> heinz, altria. these are the stocks you want to look at in this environment. >> cramer is getting a one-on-one with domino's ce onto get a sense of what better -- >> stock got killed today. we are goi

notice costco was up today? that's what people are rotating to.e forgetting some great specs. sprint had a great quarter. that's a mistake. hey, how about motorola? don't forget it. and ten, you have a longer-term investor-oriented view, longer term, you can pick at some industrials that reported great numbers. and here i'm thinking about 3m, boeing, or dupont as all are just beginning to shine. here's the bottom line. try to tune out the bears who are belting out barry mcguire's "eve of destruction." don't be panicked by the buffet of horribles. there are still opportunities to make money in this market. if you're an investor wait until tomorrow mid-morning and use the panic to buy. if you're a trader think dawn of the correction and play the ten short-term rotation gambits. and if you're an investor go with the best beats with entry points you wouldn't have dreamed of getting as recently as five short days ago. let's go to harry in new york. harry. >> caller: brutal, brutal boo-yah, jim. >> man, i'm liking that. real downer boo-yah to start the

next week, quarterly earnings from retailers borders, costco and tiffany are out. monday, we go inside the world of high frequency trading to hear what those traders say about the flash crash and new calls for regulation. billionaire financier bennett lebow is hitting the books. he's buying a 15.5% stake in borders group, the bookseller. borders hopes to use le-bow's $25 million cash infusion to help launch an electronic bookstore to compete with barnes and noble and amazon. those two firms already have a huge head start in that space. lebow made his money in tobacco and is now chairman of liggett owner vector group. >> tom: it will soon cost you more to bail on your wireless contract if you have a smartphone with a.t&t. the company's hiking early cancellation fees by 85% to $325 for smartphone and netbook customers who sign new deals after june first. june is also expected to be when the newest version of the iphone launches on a.t&t. the iphone has driven subscriber growth but the carrier is expected to lose its exclusivity next year. >> tom: finally tonight he's

. >> costco. >> guy. >> abbott. >> karen. >> hpq. >> gary. >> u.s. dollar. >> i'm melissa lee, see you back here tomorrow at 5:00 p.m. for more "fast money." >> announcer: tomorrow, going global. the team turns the uk scramble and euro zone debt woes into your next power play. then, ready for retail? we've got your next move. "fast money," tomorrow 5:00 eastern on cnbc. first in business worldwide. >>> jim cramer. and welcome to my world. >> you need to get in the game! >> firms are 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. >> "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. i'm just glad this day ended. it's also my job to entertain and to educate. so call me at 1-800-743-cnbc. with the horrible guadalcanal-like bloodletting that we saw today with the dow plunging 225 points and the s&p giving up 2.4% -- >> the house of pain. >> -- i think it might be time to adopt

use your trucks and distribution arms to carry my beer into the wal-mart, to carry my beer into the costco and place it where you decide to place. that's the open market system in the united states of america today. beer brewing, just like in books, we see fear. it's the same in manufacturing. there's a lot out there right now to change -- there's an effort in the congress right now to change pricing policy in this country. is a really arcane subject. i'm not going to bore you with the issues about pricing policy in this country, but it's a policy, the way this law could benefit actual real manufacturers, producers in this country. none of them will go out and speak up in favor of this law. because they are afraid. they are afraid that the powers that control our trading companies will take retribution against them. they are fearful. giant manufacturers, medium-size manufacturers are fearful in this country. before i go on i just want, we talk about this country being the paradise of entrepreneurship and small business. we should understand exactly what has happened to small and medium-siz

beautiful home that three generations may have lived in and you inherited and love and turn it into a costco it's not supposed to happen. there is supposed to be a process. government officials say you get fairly compensated for this and it's for the public good. the supreme court said that. >> the supreme court did say that in 2005 in keylow versus city of london. it was a 5-4 decision. it was wrongly decided. it corrupted the language of the fifth amendment and not only that, it was factually incorrect. >> eric: that was the case where they wanted to have some economic development, they took a woman's house, tore down a neighborhood to build this museum and there is nothing there basically. nothing really built. what do you say to people who could face this? and besides eminent domain? we're getting tons of e-mails on restrictions on their property. someone buys land, the government comes in and puts some type of overlay restriction on it. there is one town in florida, you can't paint your house your color that you want. you've got to have a city approved color to paint your house. you got

costco pete spotts -- host: pete spotts will be our guest until about 8:30. if you have questions concerning this, here are the numbers to call. you can also send an e-mail and you can also find us on twitter. pictures of oil reaching the shores of louisiana, some affecting beaches and marshes. could you tell us a little bit of what louisiana faces as far as cleanup in the short term and what really has to be done in the long term as far as the effects of the oil? guest: as far as the short term goes, they are working very hard to use booms to prevent oil from coming into some of the most ecologically sensitive areas. overtime, during the past several weeks, they have been skimming oil off of the surface and burning it off the surface of the water to prevent it from reaching the shore. one of the real concerns is over the long term. i want to preface what i'm about to say -- like real estate, it is location, location, location. it is the kind of oil and the amount of oil that is involved. we have had a couple of spills in our neck of the woods off of cape cod