This column was originally published on RealMoney on Oct. 14 at 3:53 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.

Not long ago, I had a terrific interaction with Bob Toll, the fantastic CEO of Toll Brothers ( TOL). No, the topic wasn't his stock; I obliterated that line of discourse at the time because I had said his stock was going to $35, and it was at $45 at the time.

I just wanted him to know how brilliant I thought it was that his company was sponsoring the Texaco Metropolitan Operas on Saturdays. I grew up listening to them with my dad and have continued to do so whenever I get the chance.

Well, let's just say that wasn't the real intent of the call. You know I always say it's not about making friends but about making money -- but there's always room to be a gentleman. I was trying to make it clear that I wasn't against the company, that I just believed the stock was going lower, cheap or not.

Thursday, the stock got to $36 and change, and that is cheap enough for me. I can't stay negative when it gets there next time. And if you shorted Toll because of me, I believe you are now overstaying your welcome.

Remember my thesis : If homebuilding and oil are both slower, the Fed may be done and Big Al's Steakhouse beckons.

So, cover the homebuilding shorts. And if Toll takes out $35, go long.

Random musings: Just so you know how strongly I feel about this call, I just averaged down in St. Joe ( JOE), buying back the stock I sold much higher for ActionAlertsPLUS .

P.S. from TheStreet.com Editor-in-Chief, Dave Morrow:
It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to TheStreet.com RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.
At the time of publication, Cramer was long St. Joe.

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.

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