Cramer's Rewrite of His 'Red Hots Are Candy' Piece

Talk about a piece that inspired people. We all know that at any given time there is a group of stocks that rocks. But the media is too stodgy ever to put them together in an index until they have ossified and have become boring fixtures of the firmament. It is time for that to change. We at Cramer Berkowitz have developed our own index, Cramer's Red Hot Index -- just try stealing that one, CNBC-Dow Jones -- and now's the time to look at those components and find out what the heck we are dealing with. Pull up a chair and get ready for the index with soul, one that travels at a points-per-hour basis that the S&P can only dream about.

Oh, man, does my partner rock. (Oh that vacation at Montauk, how long ago was that? Seems like forever. Just forever. Berko was at the helm and the keyboard and he dazzled. No flies on that guy.) Not only does he nail Dell (DELL Quote) in my absence, but he blows out of the Hewlett-Packard (HWP Quote) perfectly and doesn't get sucked into the Applied Materials (AMAT Quote) inferno.

(Hewlett-Packard had run up too much, so it was time to jettison that one. Dell, well, Dell is back and we should stop kidding ourselves about it. It is better than ever. AMAT, I mean, what is the deal with AMAT? What do people want? Try orders. It didn't have them.) Sure, he boots the Tricon Global (YUM Quote) too fast -- his kid doesn't like crispy popcorn-like pieces from KFC as much as mine do, I guess. (Berko succumbed and bought it back later in the week. I prevailed on him that this is a cheap one. Not as cheap as Dave and Busters got at week's end, but cheap nonetheless. One of the reasons this stock is going down is because people suspect that the Tiger fund might have to sell it because Tiger may be having a tough year. I say go ahead, bet against Julian Robertson. You're dumb as particle board if you do though. He is the best. He'll beat you at this game. He owns this game. This guy is Ted Williams and you can sneak a fast ball by him every once in a while, but for the most part, umpires defer to him on balls and strikes.) Maybe he misses the eight easy Gateway (GTW Quote) points. ...