NEW YORK ( TheStreet) -- "If you've got a chance to make some money in the market, take it," Jim Cramer told the viewers of his "Mad Money" TV show Thursday as he reflected on a huge up day on Wall Street. He told investors not to worry about if this rally is sustainable in the future, but rather how they can profit from it today. Cramer said the Federal Reserve's actions are designed to ignite confidence in the markets. He said they will result in more money coming into the market and thus take stocks higher. He said the Fed's moves will also trigger buying in the commodities and make the dollar more competitive overseas, all of which leads to profits to be made in the short term. Cramer likened the current market action to that in Japan in the 1980s, or that of the technology stocks in the 1990s. Yes, both of those moves eventually came to an end, he said, but in the interim fortunes were made. Cramer said eventually it will be time to take the "money and run," but that time isn't today. He said investors meed to stay flexible, and know when there's still money left on the table and when they've made enough and realize it's time to move on. Cramer's bottom line: "Save the opining for later; there's money to be made."
Misunderstood by MarketIn the "Executive Decision" segment, Cramer sat down with Bill Marth, North American President and CEO of Teva Pharmaceuticals ( TEVA), a stock which Cramer owns for his charitable trust,
Sell BlockCramer reminded viewers on the importance of following rules, including the need to sell stocks that receive takeover bids. Cramer said that once a takeover is announced, the upside in a stock is capped and investors must sell. In the case of Airgas ( ARG), Cramer made an exception on Feb. 5 and told investors to hold on for a higher bid. In this rare case, breaking the rules worked, and the stock of Airgas climbed an additional 13%. Cramer said it's now time to sell. Breaking the rules doesn't always work however, as Cramer noted with Potash ( POT), a stock he also advised holding onto after the company received a bid on Aug 17. In this case, the deal was blocked by the Canadian government, sending shares lower. Cramer said discipline always trumps conviction when it comes to takeovers. He then recommended selling Art Technology ( ARTG), a stock he recommended on Jan. 29 and CommScope ( CTV), a stock he recommended on June 22. Both stocks have received takeover bids and are up handedly. Cramer concluded by illustrating his point with Fortinet ( FTNT), a stock that recently rallied 145% on the rumor of a takeover from IBM ( IBM). When Fortinet denied the rumor, the stock plummeted. "Always sell on a takeover, even if it's a rumor," said Cramer.