Cramer's 'Mad Money' Recap: Nov. 17

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"Am I too negative?" That's the question Jim Cramer asked rhetorically on his "Mad Money" TV Show Monday. His reply: "No, I don't think so."

Cramer said every time the Dow Jones Industrial Average bounces off its lows of 8,200, he really wants to be a bull. But then, reality returns and he realizes the bad news is still getting worse, not better.

While the federal bailouts may have prevented everything in the economy from completely falling apart, Cramer said they still haven't addressed the real problem of home price deflation, nor have they created a single new job.

And while falling gas prices may give consumers much needed reprieve, Cramer said the dismal retail sales numbers prove that the consumer is still not spending.

Cramer said the fact of the matter is things aren't really improving. Home builders, he said, are still turning out new homes as fast as they can.

And the fate of General Motors (GM Quote) still lingers over the economy like a huge black cloud.

Cramer said the only things that would change his mind on the markets are interest rate cuts in China and Europe, or a resolution to the GM crisis. Until then, he said, "there are just too many negatives out there."

Green Stocks Fade

With the collapse in crude oil prices, Cramer took a hard look at his basket of green stocks to see if his green thesis still holds up in a cheap oil world.