Cramer's 'Mad Money' Recap: Hot ICE

Stock quotes in this article: ICE , NYX , KO , NOK , GRP , JCG , C , STI , FOSL  

Lightning Round

Cramer was bullish on Research In Motion (RIMM Quote), Wachovia (WB Quote) and Altria (MO Quote).

Cramer was bearish on Palm (PALM Quote), Macy's (M Quote), IBM (IBM Quote) and InvesTools (SWIM Quote).

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.

For more of Cramer's insights during the Lightning Round, click here.

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At the time of publication, Cramer was long Altria, Citigroup, NYSE Euronext and Transcocean.

Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Watch Cramer on "Mad Money" weeknights on CNBC. Click here to order Cramer's latest book, "Mad Money: Watch TV, Get Rich," click here to order his book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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