Cramer's 'Mad Money Lightning Round': Disembark Ship Finance

To see the full "Mad Money" recap, please click here.

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

Ship Finance (SFL): "No way. No how. I want out."

Sara Lee(SLE): "They wouldn't know good news if it hit them with a sausage. This is the Laurence Olivier of stocks. It's that bad of an actor. (Just kidding. He was great.)"

Dresser-Rand(DRC): "I think Dresser-Rand is a good stock. They reported a good quarter and didn't get any response to that. I'm sticking with it."

Intel(INTC): "When you look at the lease on this House of Pain, you know whose name is on it? Mine." [Cramer owns the stock for his ActionAlertsPLUS charitable trust.]

Teva Pharmaceutical(TEVA): "I want to ring the register."

Lightning Round

Bullish

Cramer was bullish on Viacom (VIA), Bancolombia (CIB), Banco Bradesco (BBD), JDSU (JDSU), Genentech (DNA), CMS Energy (CMS), Procter & Gamble (PG), Microsoft (MSFT), Dresser-Rand Group (DRC), Quest Diagnostics (DGX), Union Pacific (UNP), Peabody Coal (BTU), Southern Copper (PCU), Intel (INTC), Wachovia (WB) and HDFC Bank (HDB).

Bearish

Cramer was bearish on Avon Products (AVP), General Motors (GM), Nvidia (NVDA), SuperGen (SUPG), Ship Finance (SFL), Sara Lee (SLE), Serena Software (SRNA), IRIS International (IRIS), Goodyear Tire & Rubber (GT), SunTrust Banks (STI), Teva Pharmaceutical Industries (TEVA) and Chesapeake Energy (CHK).

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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

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