The markets surged Tuesday higher despite a dire forecast from depressionists that we would be down big, Jim Cramer told viewers of his "Mad Money" TV show.
A Rare Breed"Some banks will actually be winners," Cramer told viewers. He said we've been here before, back in the 1980's, at the end of the S&L crisis. Back then, as now, investors wrote off all banks, only to miss out as new, bigger, better and stronger banks emerged from the rubble, he said.
Off the ChartsIn this segment, Cramer went head to head with colleague Rick Bensignor over the chart of Caterpillar ( CAT), a stock which Cramer owns for his charitable trust,