"At the bottom, things can go right," Jim Cramer told viewers of his "Mad Money" TV show Thursday. To bring that point home, he revisited his "Mortgage Madness Index," an index of financial and homebuilding stocks that he created on Aug. 3. The index has been more than cut in half since then, but Cramer now feels "the bottom is in" for some of the most hated names on the list. First up, Countrywide Financial ( CFC). Cramer said he likes all the chatter about a possible acquisition of Countrywide by Bank of America ( BAC). He hopes investors picked up some of the preferred shares of Countrywide on his earlier recommendations.