Cramer's 'Stop Trading!': China's on Fire

Stock quotes in this article: WYNN , LVS , JOYG , NUE , DE , CAT , BUCY  

"I think the short-sellers shot first and then asked questions later," said Jim Cramer on CNBC's "Stop Trading!" segment on Tuesday, because "the biggest beneficiaries of our relationship with China" have been some of the "strongest" stocks in the market.

These stocks include Las Vegas Sands(LVS Quote) and Wynn Resorts(WYNN Quote) for their Macau connection, Caterpillar(CAT Quote) , Bucyrus(BUCY Quote), Joy Global(JOYG Quote), Deere(DE Quote) and Nucor(NUE Quote).

"I think this is more of a make-love-not-war situation," said Cramer. "I just feel like the shorts have gone really wrong here."

Cramer said he thinks the Chinese economy is "on fire."

To watch replays of Cramer's video segments, visit the Mad Money page on CNBC.

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At the time of publication, Cramer had no positions in stocks mentioned.

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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