i'm jim cramer. welcome to ♪ mad money." call me at 1-800-743-cnbc. you need to understand where we are in the life sukle of decline. in the first stage of this kind of nasty sell-off, everything goes down. after eight days of woe, i think we are wrapping up the everything goes down fate. at the end of this destructionive moment, the cops of stuff you eat, drink, smoke stand out. you saw that today. buoyed by these stocks. in this bottoming growth stocks. they sink apple which was up four points today because of the mobile tsunami rally hard. the stocks of company that do need economic growth continue to go lower. next third will happen next week. i expect the accidental high yields to bottom. while companies that make expensive things you don't need will still get hammered, the latter part, the last third most likely won't bottom until they go lower. that consecutive take a while. you go for the soft growth stocks and secular growers. we are clear to begin buying all these stocks and avoiding the others until they are cheaper. next week begins report

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i'm jim cramer. have a great weekend. i'll see you monday. >> next up, stocks shrugged off job losses, but more unemployment benefits will increase unemployment. small businesses are in trouble, and obama bungled american prestigious in copenhagen.

>> caller: boo-yah, boo-yah, boo-yah, jim cramer! it's great talking to you. >> what is that, like torah, torah, torah? treat pretty good move. what's up? international exposure want a little yield, how about i throw some -- right now the refining cycle's going your way. or i'll hit you with the chad ryan, new ceo going to be just as good on the last one own that for actionalertsplus.com and i'd buy some more right here. and unfortunately and miserably that is once again the end of the "lightning round"! [bell ringing] the way the stock market's been acting lately you may wonder if you've been doing the right thing. is the advice you've been getting helping or hurting? are the fees you're paying really worth it? td ameritrade's fees are fair and straight-forward. their research is independent and unbiased. their investment consultants are knowledgeable and there when you need them. so why not talk to one? announcer: call today to schedule a free investment check-up, or visit a td ameritrade branch. >>> i tell i think you should own a

bob. >> caller: jim cramer, mr. jim cramer, you do an excellent job, professional with so much background and the great advice that i love listening to you, my friend. the only thing i would hope for is if i could join you some day on this show to assist you. >> wow, i don't know. i think there may be a contest where someday someone could start off the lightning round with me. how about a stock, bob. >> caller: pnx, phoenix company, a life insurance company. >> no. too risky. we have too much. i'd rather see aflac for disability, metlife, yes, even metlife. that's too risky for me. i'm staying away. let's end with tom in washington. tom. >> caller: hello, jim. this is tom simpson calling with a lilac colored boo-yah from spokane, washington. >> gonzaga is in the football pool. it's already created. they go all the way, i'm telling you. how about a stock. >> caller: the stock. i'm calling you with a precious question. should i buy more, hold or sell my shares in heckla mining, hl. >> it's not apples to apples. i don'

but not just that, i also know i've got a contact here at cnbc named jim cramer. i want information on him. i want to see his phone number, his address, what deals he's in because i need to talk with him, work with him so i can make that deal happen because in this world that we're in now knowing your data, knowing your deals, that's the difference between failure and success. so this is a key part of our business. and all of this is happening, as you can see -- >> who is seeing this? just the ceo? who else can see this? >> well, you set that up. it's called the sharing model. and a sharing model means that what's secure is secure, what's open is open, what's public is public, what's closed is closed. so if the ceo can see everything but maybe the sales remember can only see what's appropriate for them. >> and where is this resting? on my pc? is this everybody on their pc? is it in the pc? or is it some machine that i don't have to carry around? >> here it is on the pc. it could be on your iphone, blackberry. whatever you use. we don't care. whatever you use we're

>>> i'm jim cramer. and welcome to my world. >> you need to get in the game. >> go out and business. and he's nuts! they're nutss! they know nothing. >> i always like to say there's a bull market somewhere. >> "mad money" you can't afford not to miss it. hey, i'm kramer! >> welcome to "mad money." welcome to cramerica. other people want to make friends. i was just glad when the bell sounded today. my job, not just to educate, entertain, call me, 1-800-743-cnbc. whew, man was that a plum-ugly day. just annihilation. don't you forget sometimes how bad it can be, don't you you? get the dow taking the 200-point nosedive, s&p 500 down 27. and you wonder, are we doing it wrong in this country? is this the fall of american business or american government? and you know what, a day like today i think it's actually more the latter than the former. i don't know about you, but i'm pretty darn proud of how well american businesses have managed to survive the garden-variety depression, and then the recession and get t

. >>> jim cramer is here. we're going to stop trading, but we have a special guest, one that jim is always interested to talk to. we wanted to give you a present. joining us from philadelphia, airgas chairman and ceo peter. the ticker is arg, as in arg. >> arg. >> as in pirate ships. >> yo ho, i don't hoyo ho, the life for me. >> we still have your ship. >> i'm glad you're enjoying it. >> we do. it's sort of a mascot for us, i'll be honest. okay. so you're dealing with every kind of gas, argon, nitrogen, you name it, you deal in it. how is business? >> well, i would say business is a little better than it was two or three months ago. we've seen a nice pickup in sales in the last 30 days. you know, they look like green shoots to me, but we've seen other, you know, pickups in the last five or six months that sort of just flattened out. we're cautiously optimistic. >> it's good to hear someone say they had a good september. we get a lot of data that indicates we didn't. peter, i know, and peter has been probably

you don't know who jim cramer is, do you? that's why the joke didn't work. a mexican show upstairs, if you guys want to go there. [ laughter ] right now on hollywood boulevard, outside of the building there's a guy named chewbacca. he works for tips. he sees people all around the country every day. who better to ask whether or not the recession is over than him. >> i don't think we're out of this recession yet. but i just save all of my money that i make. i save it. i put it in this jar at my house. if i was really, really rich. i'd get like a big, a big pool. and i'd put mud in it. and i'd put turtles in it. and i'd start a turtle farm and charge people, i don't know, maybe $15 admission just to check out the turtles. and my friend billy, he's a midget, that lives down the street, he said that's a good idea. >> jimmy: he can ride them. the entrepreneurial spirit. michael jackson's father, joe jackson, he was at the awards the other day. i think we missed the fact that joe showed up at this tribute with an attractive young recording artist, a singer named ti

not sure which side she'll come down on like tucker and jim cramer. we're almost at 10% unemployment. we'll talk about what the white house needs to turn that tide. and new developments in the new big prizes. are democrats sleeping in virginia? we'll get answers from mike allen and also in washington we're going to talk about what the hell happened to liverpool. you're watching "morning joe" brewed by starbucks. (mom) revlon makes my lips sooooo smooth. yep. real smooth. with unbeatable prices on revlon super lustrous lipstick, beauty costs less at walmart. save money. live better. walmart. denise! you've lost weight! it's just all these giant things make me look small. i eat this fiber one yogurt. (mr. mehta) it has five grams of fiber, zero fat, and fifty calories. please, this is too creamy and delicious. >>> for the olympic committee it came down to one simple question. where do you want to go for vacation? >> bill maher, we love but layoff chicago, my man. the greatest american city. >> it might be actually. >> here with us now, the chief politic

bus the mad money maestro jim cramer is here. hi, james. >> good afternoon, mark. >> good to see you again. one of my favorite reasons for filling in for erin is i get to talk to my old pal, jim. god, we go back a long ways. >> yes, we do go back a long time. >> let's get to business. how about caterpillar. what are you starting a construction company? >> caterpillar announces price increases for 2010? i would have thought they would be announcing price decreases. that tells me the rest of the world is recovering faster than we are otherwise they wouldn't be able to put through these price increases. i know a lot of people were short thinking this move is over and then, boom, they're taking them right back up. >> dwight global, the name is familiar. >> pure china coal play. the chinese are trying by 2020 to be more ecologically sensitive. in the meantime, they have to keep digging coal. that's what you use joy for. >> wells fargo. >> look, goldman sachs came out today and said that you really want to be in the big banks, not the

getting ready to stop trading, jim cramer is in the house with the trades to take you into the weekend. >>> and if nbc and comcast merge, who will be the winners and losers? "street signs" back in just a moment. traders learn from the pros. say you want to backtest an entire portfolio of stocks. market experts show you how through fidelity's extensive trading knowledge center. and fidelity gives you free research from 15 independent firms, with accuracy scores... to help you decide which analysts to trust. find out why more and more active traders are turning to fidelity for a smarter way to trade online. trade like a pro. trade with fidelity. >>> is it time to stop trading because the man is in the house. how are you, my man? >> how are you? >> this is the best part of the show. >> i hope so. >> first of all, did you take on the jobs number? how bad? >> it just wasn't a good number. look, i'm looking for -- i mean, fortunately, goldman told us in advance. >> pretty good called. >> it's really good, but -- >> damned if you do, damned if you don't, because now it looks like they have in

the one knock on him, as you know, maria, i believe he came on jim cramer's show and said everything was hunky-dorey with wachovia when it wasn't. i saw one of jim's messages, i believe, got an e-mail from him that steel still might be under investigation from the s.e.c. because of that. that's where we are right now. it's a murky situation. clearly, internally they are talking about an interim ceo. i hear those interim names, it would go about a year. i hear the names most likely are those two board members. then everybody fights it out, the internal candidates and you possibly go outside. >> fascinating stuff. charley, thanks very much. charley gasparino on ken lewis. let me ask you, larry fink. what about everything that went down with ken lewis? i know it's not being pushed out. everybody said, we didn't ask him to leave, but he must have at some point said, i want out. because of all the pressure. >> i'm close with ken. i saw him most recently for breakfast. i think ken was tired. i think he's a very proud man. i think he respects that the institution is much more important than

i mean he went, i believe on jim cramer's show, and he basically said, everything was hunky-dory with his bank, wachovia at the time, when a week later turned out not to be hunky-dory. it might had been less than a week, and from what i understand there was an s.e.c. investigation into that disclose. >> you are charlie? >> i think that is a problematic, sort of begging to get job. >> ask you this question, charlie. why would bank of america go ahead and put somebody in for a year, two years? that would seem to be very unsettling to a shareholder. karen, you're a shareholder. >> i don't think so. >> why. >> first off, it's not that easy to get someone good for this job. this is a tough job and you do have six people that oor they're not schmos. pretty good executive, right? and you have a capable board member. >> hold on, hold on. i want to ask an an actual shareholder, karen? >> yesterday could have not been the first time that idea came up. >> exactly. >> had to had been thinking about -- >> wait a second. based on what i know. ken lewis didn't tell them two months ago. stepping down

. >>> i'm 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, 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. i want a few more days like today. my job, not just to educate, entertain. call me, 1-800-743-cnbc. how can we rally 112 dow jones points, how can we pick up a percent and a half on the s&p after that