This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Cramer's 'Mad Money' Recap: Taking Profits (Final)

Search Jim Cramer's Mad Money trading recommendations using our exclusive Mad Money Stock Screener and watch Jim Cramer's Mad Money Post Game video exclusively on

NEW YORK ( TheStreet) -- "Don't be a hero," Jim Cramer cautioned the viewers of his "Mad Money" TV show Tuesday, as he told investors not to buy any stocks before this market dip is done.

Cramer said the facts have changed, and his worst fear for the economy, gasoline rising above $4 a gallon, is now a real possibility. He said unlike Egypt, Libya and Bahrain have a much larger impact on oil production and prices, and the facts may no longer be on the side of the bulls.

Cramer said the market has had a huge run, and that means there will be a lot of profit taking on this new round of uncertainty. He said that most stocks don't bottom on day one of a decline. Rather they bottom on day two or three. That means more pain ahead for investors.

Buy gold, Cramer told viewers, along with anything energy- or alternative energy-related. He said he'd also be a buyer of anything in the agriculture space on this weakness, as oil prices are unlikely to change eating habits and the need for grain. "Everything else," said Cramer, "no."

"We've made a ton of money in this market," Cramer concluded, "but there are too many negatives and we have to temper out enthusiasm."
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
IBN $6.38 -1.30%
NRG $14.38 2.50%
AAPL $94.33 -0.89%
APA $51.31 -1.60%
BMY $70.51 -0.87%


Chart of I:DJI
DOW 17,700.88 -50.03 -0.28%
S&P 500 2,056.51 -6.86 -0.33%
NASDAQ 4,746.7140 -16.51 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs