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click here.

Here's what Jim Cramer had to say about some of the stocks offered up by callers on the "Mad Money Lightning Round":

Alkermes

(ALKM)

: "I think you got lucky

with this stock. ... Take your profits."

Dell

(DELL)

: "A very tough call ... I'm in the house of pain with Dell ... don't join me. Don't buy anymore

right now; let it come down first."

Lightning Round

Bullish

Cramer was bullish on

Chesapeake Energy

(CHK)

,

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TheStreet Recommends

Michaels Stores

(MIK)

,

Whole Foods Market

( WFMI),

PPG Industries

(PPG)

,

Lucent Technologies

( LU),

Bear Stearns

( BSC),

Mohawk Industries

(MHK)

,

Montpelier Re Holdings

(MRH)

,

Intel

(INTC)

,

Advanced Micro Devices

(AMD)

,

Corning

(GLW)

,

United Technologies

(UTX)

and

Capstone Turbine

(CPST)

.

Bearish

Cramer was bearish on

Goodyear Tire & Rubber

(GT)

,

Saks

(SKS)

,

A.C. Moore Arts & Crafts

(ACMR)

,

NVE

(NVEC)

,

Panacos Pharmaceuticals

(PANC)

,

Spartech

(SEH)

,

InterOil

(IOC)

,

Smurfit-Stone Container

( SSCC),

SuperGen

( SUPG),

Raymond James Financial

(RJF)

,

Applied Signal Technology

( APSG),

Baidu.com

(BIDU)

,

Alkermes

(ALKS)

,

Gold Kist

( GKIS) and

Dell

(DELL)

.

Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by

clicking here

. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

At the time of publication, Cramer was long PPG Industries, Lucent and Intel.

James J. 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

ActionAlertsPLUS. While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by

clicking here. Listen to Cramer's RealMoney Radio show on your computer; just click

here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click

here to order Cramer's latest 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." Cramer appreciates your feedback and invites you to send him an email by

clicking here

.