Jim Cramer's 'Stop Trading!': Don't Trade on Gustav

"Be careful," Jim Cramer warned viewers on Wednesday's "Stop Trading!" on CNBC. "You need a direct hit in order to take out the Gulf."

Cramer said he's wary about making a trade in the natural gas and oil company group on the belief that Tropical Storm Gustav will hit the Gulf Coast, because if it doesn't hit, oil could be down by $8 to $9 by Tuesday. "I like the group," he said, but it's getting overheated on weather reports.

Addressing a recent story in The Wall Street Journal declaring that the infrastructure trade is done, Cramer said: "If the party's really over, then why is Fluor (FLR Quote)up so big?" He said Shaw Group (SGR Quote) and Foster Wheeler(FWLT Quote), which he owns for his Action Alerts PLUS charitable trust, are also up. ...