Cramer's 'Mad Money' Recap: China: Feb. 5

Cramer said the trend towards online education has been roaring along for months, but he's now getting worried. He said while it's true people who can't find jobs go back to school in ever increasing numbers, he said the charts are telling a different story.

Cramer said the chart of Apollo is being to look ''toppy,'' a term meaning the stock is running out of steam. The stock has put in a double top, with the second top achieved on lighter volume, meaning there's no one left to buy as the value investors being to head for the hills.

Turning to the fundamentals, Cramer said much of the benefit from the recession is now baked into the stock. In an examination of a basket of 10 online education stocks, he sees growth of 22% in a time when the Dow Jones Industrial Average declined 30%. With many of these names now trading at a 29 multiple, Cramer said time is running out.

Cramer said he's still a fan of American Public Education (APEI Quote), which caters to the more stable military sector, but he'd be a seller of Apollo, along with Career Education (CECO Quote), Corinthian Colleges (COCO Quote) and ITT (ITT Quote).

A Stunning Reversal

After Walt Disney's (DIS Quote) disappointing earnings numbers, Cramer asked the question "where did all the DVD buyers go?" His answer was a stunning reversal on a once hated stock.

Cramer explained that part of Disney's earnings shortfall was due to the sharp drop in DVD sales that coincided with the tougher economic times. However when asked whether that drop was here to stay, CEO Bob Iger gave pause, and seemed to be unclear on the answer. This led Cramer to begin his own research.