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"At last, the bumbling Bush Administration is behind us," Jim Cramer told viewers of his "Mad Money" TV Show Tuesday.

While the regime change in Washington isn't going to make everything better, Cramer said there are 10 things that could possibly go right this year, and that means investors should at least be a little more optimistic about their economic futures.

Cramer said there could a steep price to pay for being too pessimistic in 2009, and that while he believes there is still a lot to fear, any one of these 10 things, or even a few of them, might come true and help put the global economy back on track.

First, Cramer said the markets could have a big rally in 2009, just like it did in 1933 after the horrific 1931 market collapse. In 1931, he said, the market dropped 52% and 23% in 1932, before it rebounded 66% in 1933 as a new administration took office.

Second, he held fast to his prediction that the bottom to the housing market will be reached by summer.

Third, Obama could fix the housing problem by giving homebuyers a tax credit and buying up foreclosed mortgages.

Fourth, China could come back with a huge stimulus and be the engine for the world. Fifth, If gas prices stay low, states could raise taxes and lower their budget deficits. Sixth, Obama's stimulus package might actually work, with roads and bridges paving the road to a recovery.

Cramer turned to the auto stocks for the seventh favorable scenario. He said that the government could force one of the "Big Three" out of business or initiate a merger, allowing the remaining automakers to actually make money and boost the economy.

Eighth on Cramer's list was eliminating the derivative market that's been killing the bank stocks. He said he rules need to be reinstated to protect stocks from bear raids, short sellers and hedge funds gone wild.

Ninth, Cramer said if Obama embraces natural gas as the fuel of the future, it could be a boon for the economy as the country develops a new, cheaper and cleaner infrastructure.

Lastly, Cramer said if Obama would only call him, he could point out who on Wall Street needs to be indicted, who should be fired and who should be spared. The market, he said, needs some trials to restore confidence.

Cramer: State Street Needs to Merge

The Ugly Message

"The market speaks in many tongues," Cramer told viewers, " but the message was clear when it said things are ugly." He said there were four sectors where the market spoke loudly and clearly.


Cramer said the wholesale slaughter of every bank stock could not have been any more viscous. Even the good banks that don't need government assistance couldn't escape the carnage, he said.

Cramer said this move told him that the markets simply have no faith in any of these names. The selling, he said, is overdone, but will remain that way for the foreseeable future.

The oil stocks were another area where the message was loud and clear. The oil stocks told Cramer that they're predicting the economy to remain in free fall. Yes, he said, demand is lower across the board, but so is production. So if prices are still plummeting, the markets are predicting huge worldwide unemployment.

Cramer said gold and tobacco stocks are also talking. Gold, he said, is a hedge against inflation and uncertainty, two things the market is still fearing.

Tobacco, on the other hand, is the anti-Obama play, said Cramer, and if that is trading higher, it means the markets don't have faith that his stimulus plan will work.

"People are hiding," said Cramer, "and it's scary."

Twice Blessed

In a new segment called "Off The Charts," Cramer looked at the chart of Marathon Oil ( MRO - Get Report), which has been one of the worst performers in a beaten-down sector. Marathon is down 43% year over year compared to a loss of only 7.2% for competitor ExxonMobil ( XOM) and 15.9% slide for Chevron ( CVX).


But Cramer called Marathon "twice blessed," a stock with both a great chart and positive fundamentals, despite its less than stellar performance last year.

According to the charts, Marathon's climax sell-off was in November, and ever since then, the stock has been slowly gaining steam.

Usually, Cramer said, there is a positive relationship between refiners and the price of crude oil, However, since November, there's been a positive divergence between crude and Marathon as Marathon slowly climbs upward while crude oil continues to decline.

Looking at the fundamentals, Cramer said there are also positives. Marathon is both an oil refiner and an oil producer. Typically refiners make more money as the price of crude falls allowing for higher margins.

In addition, there has been a lot of talk about Marathon splitting into two companies. Cramer said this is a classic case of the parts being worth more than the whole. He said he still believes a split will happen once the credit markets thaw.

Mad Mail

In this segment, Cramer told a viewer that Wells Fargo ( WFC - Get Report) is one of the best and he's been buying a little for his charitable trust, Action Alerts PLUS.

"If Wells Fargo is in trouble, then they're all in trouble," he said.

Lightning Round

In the Lightning Round, Cramer was bullish on Paychex ( PAYX - Get Report)and National Grid ( NGG).

Cramer was bearish on Lloyds TSB ( LYG), Monsanto ( MON), Weight Watcher's ( WTW)and Assured Guaranty ( AGO - Get Report).

Check out the latest edition of "Cramer's Take onTop-Searched Stocks" on Stockpickr.

Want more Cramer? Check out Jim's rules and commandments for investing by clicking here.

Read more of Cramer's Mad Money Lightning Round insights.

For "Mad Money" performance statistics and other links, check out Mad Money stats

At the time of publication, Cramer was long Wells Fargo.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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