Cramer's 'Mad Money Lightning Round': Dell's a Tough Call

To see a full "Mad Money" Recap, please click here.

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Here's what Jim Cramer had to say about some of the stocks offered up by callers on the "Mad Money Lightning Round":

Alkermes(ALKM Quote): "I think you got lucky [with this stock]. ... Take your profits."

Dell(DELL Quote): "A very tough call ... I'm in the house of pain with Dell ... don't join me. Don't buy anymore [right now]; let it come down first."

Lightning Round

Bullish

Cramer was bullish on Chesapeake Energy (CHK Quote), Michaels Stores (MIK Quote), Whole Foods Market (WFMI Quote), PPG Industries (PPG Quote), Lucent Technologies (LU Quote), Bear Stearns (BSC Quote), Mohawk Industries (MHK Quote), Montpelier Re Holdings (MRH Quote), Intel (INTC Quote), Advanced Micro Devices (AMD Quote), Corning (GLW Quote), United Technologies (UTX Quote) and Capstone Turbine (CPST Quote).

Bearish

Cramer was bearish on Goodyear Tire & Rubber (GT Quote), Saks (SKS Quote), A.C. Moore Arts & Crafts (ACMR Quote), NVE (NVEC Quote), Panacos Pharmaceuticals (PANC Quote), Spartech (SEH Quote), InterOil (IOC Quote), Smurfit-Stone Container (SSCC Quote), SuperGen (SUPG Quote), Raymond James Financial (RJF Quote), Applied Signal Technology (APSG Quote), Baidu.com (BIDU Quote), Alkermes (ALKS Quote), Gold Kist (GKIS Quote) and Dell (DELL Quote).

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Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

	1.	Pigs Get Slaughtered		2.	It's OK to Pay the Taxes
	3.	Don't Buy All at Once		4.	Buy Damaged Stocks
	5.	Diversify to Control Risk		6.	Do Your Homework
	7.	Don't Panic		8.	Buy Best-of-Breed
	9.	Defend Some Stocks		10.	Don't Bet on Bad Stocks
	11.	Own Fewer Names		12.	Cash Is for Winners
	13.	No Regrets		14.	Expect Corrections
	15.	Know Bonds		16.	Don't Subsidize Losers
	17.	No Room for Hope		18.	Be Flexible
	19.	Quit When Execs Do		20.	Patience Is a Virtue
	21.	Be a TV Critic		22.	When to Wait 30 Days
	23.	Beware the Hype		24.	Explain Your Picks
	25.	Find the Bull Market
Check back for more of Cramer's Rules