massachusetts. the market rallied well in advance of the results. why did the market rally, because the market loves gridlock. the market likes it when no party is dominant. that stalemate has produced some mighty bountiful returns in the past 30 years. but when massachusetts stunned the white house, instead of3 stock freaked out. oh, yeah. they were frightened. until that election. it seemed like the banks were going to be allowed to rebuild their capital, off the washington radar screen. most of the guys agreed to change their bonus structures to a more muted level anyway, and suddenly out of nowhere in order to deflect from the massachusetts loss, the bankers were the enemy again, and the nascent rally an incredibly important stocks to the market, jpmorgan, goldman sachs, wells fargo, bank of america, evaporated, disappeared, finis, and in that environment you cannot have a broader market rally. it just won't work. can you not have a rally when the white house has decided not to let people have a rally. when the president has taken a page out of the slad lenin handbook, my great, great uncle and decided that now is not the time for the profits. where's the dolphin when you need to teach the little guy a lesson? oh, yeah, he's running goldman sachs. what happened today to take us out of the white house-mandated selloff? nothing. nothing. as in the president seems to have let up on the attack. he hasn't been stomping around the factory floors talking about fat cat bankers and the get goldman sachs plan, also known as the volcker rule. he hasn't been saying anything nasty about those bonuses. so, what did we hear instead? no. ♪ hello, darkness, my old friend ♪ ♪ i've come to talk with you again ♪ >> that's right. we got the sound of silence from the white house, which allows us to have this beautiful simon & gar funkale rally today. it's almost as if all is forgiven. the profits, or at least the words of the prophets, are back on the subway walls, and the president has moved on to some other target. it matters. a president angry at the stock market, which whether he knows it or not, is synonymous with wall street. is the president angry at your 401(k) and your i.r.a., even if he doesn't know it? he may not be able to create jobs, but make no mistake about it. he can hurt the stock market, and when you attack the banks, you're going to cost some serious referral pain. without obama's withering attacks the banks can rally. boy oh, boy, i wish obama would do nothing more often. it helped that we got some manufacturing data this morning showing the u.s. expanding -- at a pretty good clip. it's an arcane piece of data that everybody seems to think you know about but you don't. it's called the institute for supply management factory index. now look, what this tells you, let's speak english, it's a measure. it's a measure that says things are like 98.6. it's real important. it happens to be a great predictor of health. hey, by the way, it helped that greece didn't default over the weekend. parthenon is looking better than ever, where's cojack where you need it? taxes for the rich, easy gom, easy go. helped that oil rebounded, oil being a surrogate for the strength of china, which is always in question. that strength allowed some companies to sell into asia, cypress semi, apple, to move higher. and, of course, it allowed the oil companies themselves to rally, too. you know what, it didn't hurt that exxon didn't screw up its quarter. i mean, for so many quarters now, exxon has been giving us really disappointing results. people have gotten so wise to the company, they sent the stock down in advance of the earnings figuring they would screw up again, and when they didn't disappoint, the stock rallied. given that exxon didn't seem worried that the government is going to ban the kind of drilling at its new excision xto does to get at natural grass, the whole cramer fade group could rally, too, but this is in the end a market that takes its queue from a couple of important stocks, and the two that this market has been glued to, besides apple, are jpmorgan and goldman sachs. the two that have been most emblematic of the president's wrath were able to rally today. now even if jpm could only move up 69 cents, posted goldman's significant turn on and that action more than anything else that happened, china, oil, whatever, allowed the rest of the market to go higher. okay. so how long can the rally last? if the president turns on goldman and morgan again, frankly it's over. if oil and gas go back down, it's over. an increase in unemployment on friday, see unemployment climb north of 10%, it's over. and frankly that's a big set of it's over hurdles especially when you have to believe that to go higher the u.s. must pick up the slack now that china is shutting down. i think that means the bar is too high for sustained move up. you can't expect the president to stay silent for too long about the banks, to stay silent about the attacks on the wealthy, to belabor lesser talented art. we can't get down on our knees to beg him, please, go home, because he's home. you can't expect oil to stay higher when we're awash in the stuff, and you can't expect china to allow its asset bubble to keep inflating. i think the sellers will come back when any of these issues goes back to being negative. it was simply a serendipitous day that could lead to some more serendipitous days. don't let them lull you into xlasens. 2010 is not going to be as much fun or as profitable as 2009. i tell you that every night. here's the bottom line. make no mistake. we were up because we got lucky with the sounds of presidential silence. the hope here going forward is that unemployment does go down on friday and that the president has finished venting his rage at the dolphin who runs goldman and that oil stays steady signaling in downturn in the economy, ours or china's. but frankly, that's way too much hope for now, and hope should never be part of the investing equation. as we rally, take some winners off the table, and remember, nobody ever got hurt taking a profit. why don't we start with questions. why don't we go to greg in new york. greg. >> caller: boo-yah, jim. >> boo-yah, chief. >> caller: i watch your show every day. >> thank you. >> caller: i read your books and hoping you can help us make sense of your market. >> sure here to try. >> caller: i'm wondering whether the new traditional roth ria conversion rules for 2010 could be having an effect on the market since the first step an investor would have to do is sell stocks and mutual fund shares in a traditional i.r.a. in order to buy into a roth. >> you know, i -- i often like to look at certain things that could be appropriate tprecipita change. a change in the capital gains tax rules has caused selloffs at times but yours is too isolated and is not moving thing. if a fidelity or major t.rowe price or cgm started to sell at once, it's an interesting kernel, interesting piece of the puzzle, but it's not the puzzle it investment let's go to michael in illinois. michael. >> caller: boo-yah cramer. >> familiar boo-yah from number two of the week, noam two phone call, number one of the week. >> caller: hey, kraim are, i'm giving you a call because i owned the berkshire "b" shares for many years and berkshire now on the s&p and the stocks flipped, i'm almost even, and there's a lot of research out there. dan fitzpatrick from realmoney.com says buy a little here. the motley pools are saying it could go up another 20%, but now that i'm actually at the break-even point, do i hold it? do i sell it? do i buy more and average down? what do i do? >> all right. i'm with dan fitzpatrick who rights with me at realmoney.com. i think berkshire hathaway is a great american company and stock is down, and i want to buy some. i think that's a perfect kind of stock. first of all, i'm so glad you brought it up. i think it's the right call right here right now. dow up 118 points. is it the sound of silence? i think we got lucky today. remember, the sellers are still out there, so watch out, but i still love to hear the words of the prophets, profits where i'm from. stay with cramer. coming up, natural profits? will nat gas pave the way to energy independence in the u.s.? cramer is going on with eqe corporation to find out and later a coal conumber drown. >> continued investment in biofuel and clean coal technologies. >> with the president behind clean coal, what's the play? cramer is cutting through the fog to try to make you some "mad money." miss out on some "mad money" get your "mad money" text alert today. text mm to 26221 to get cramer right on your phone. for more info, visit madmoney.cnbc.com, or give us a call at 1-800-7432-cnbc. i drove my first car from my parent's home in the north of england to my new job at the refinery in the south. i'll never forget. it used one tank of petrol and i had to refill it twice with oil. a new car today has 95% lower emissions than in 1970. exxonmobil is working to improve cars, liners of tires, plastics which are lighter and advanced hydrogen technologies that could increase fuel efficiency by up to 80%. what are you doing...? calling chase sapphire, seeing if we have enough points to stay longer. now? you don't have enough time... and you have to push all those buttons... no buttons, someone answers every time. yeah, right... bet you a massage... yeah, ok. hi, julie... i have a question about my points. hi, what button do i press for a massage? hello? new chase sapphire... you call. we answer. no waiting. just press right here... go to chase.com/sapphire. chase what matters. the president may not be a supporter of natural gas industry. in fact, the department of energy overview portion of his budget names every form of alternative to oil, and they all get better treatment, except for natural gas, including clean coal even though nat gas is the best option we have for transition fuel to lower carbon emissions and break our addiction to foreign oil and potentially create hundreds of thousands of much-needed jobs in the country, if we would only embrace it. this is just another point where we'll have to agree to disagree with obama, especially considering the long-term strength of the natural gas producers. take eqt, the natural gas producer and distributor t.operates every step of the natural gas food chain from finding it to pumping it out of the ground to delivering it to your home, and it just reported a genuine upside surprise on thursday. the stock is up 6% since the last time we spoke to eqt ceo september 23rd, at $42.09 then, but more important the stock is up 55% over the last five years. s&p down 8% in that year, up 419% over the last ten years and s&p down 23%. up 522% over the last 15 years, versus 132% give to the s&p and up a whopping 610% over the last 20 years, s&p up 231%. i'm sorry, that's truly incredible outperformance which is why i keep featuring these stocks. eqt is one of the lowest cost producers of natural gas out there. with total production costs of $2.30 per thousand cubic feet, an average finding development cost of just $1.14 per 1,000 cubic feet over the last years, that's four times what -- what they can sell it for. they can sell it for four times of that. the only other natural gas company that i follow that's even comparable to ultra, eqt is also growing its production up, 19.5% year over year for the fourth quarter. 20% production growth for 2010. it's a growth stock. much of the growth comes from the shale in appalachia where eqt is drilling like crazy. the company plans to have 40 to 50 new wells in the marcellus shale in 2010 and expects production to double for the year. this stuff is incredible. thanks to the marcellus that eqt's proven reserves hit 4.1 trillion feet at the end of 2009, up 31%. the company also has a total of 26 trillion cubic feet of potential resources. eqt is one of the best natural gas producers out there. how do they do it? let's talk to eqt's ceo to find out more about the future of natural gas and his great company. mr. gerber, welcome back to "mad money." >> thanks for having us, jim. >> all excited and getting ready for that state of the union address because all my friends in natural gas and big oil companies were saying, this is it. you pay attention, cramer, you big doubter and big cynic. coming out for natural gas. you're going to hear it, hear natural gas and money, and it is going to be -- did i miss that part? was i out getting like a soda or something during that part of the speech? >> you didn't miss it. it wasn't there. >> yeah. >> oh, brother. >> now is that because -- is it just happening too soon? i read some interview with that woman who works at fox who ran for president or whatever, and she was saying that she felt it was a really good idea to have a pipeline coming from alaska to the lower 48, i think that's her term. we have a lot of natural gas in this country. we're going to be exporting soon if this president doesn't start backing it, aren't we? >> well, that's right, jim. we've got 120-year supply of this stuff and we're finding it at really low cost. it's abundant. it's cheap. it's american, as you pointed out. we bought 4.5 billion barrels of oil last year from foreign countries, spent $350 billion. all that money could have been spent right here in america. >> i've got a skeptic this weekend who said i listen to all that natural gas. all they can do is heat homes with it. it's impractical to think that we could reduce the amount of oil that we bring in with this fuel because all it does is have a couple of buses, waste management trucks and you're home. that's not true, is it? >> no, no, no, no, no. we can fuel all the cars in the country, reduce our imports by 75%. i think a great stimulus plan would be to build natural gas pipelines along the interstate highway so we can go coast to coast and natural gas vehicle. we can do it in five years, jim, with the right kind of will. >> that would probably create only about a couple million jobs, wouldn't it? >> well, we already have 3 million jobs in the natural gas industry and 32 states, but i think you're right. i think it's another 2 million or 3 million more jobs. >> is your industry not the only industry. i review every single have i group in the s&p 500. i believe the natural gas industry is the only industry in the country that's actually created double-digit growth in jobs in the last two years in this country. >> you would probably know better than i do, but i know we've created double digit growth in jobs and certainly in pennsylvania we think about 50,000 jobs have already come from the marlsual shale. >> now wait a second. you're a coal state. how come you're not -- why aren't you a big believer in the concept that clean coal, because, you know, everyone tells me by 2040, 2050, clean coal could be dominant? >> maybe that's true, maybe it's not. i don't know anything about coal. i know we're pumping gas out of the marcellus and the huron shale and we drilled 700 wells last year, and we're really trying to do our part to get our country energy independent. >> all right. we have the sierra club on last week. they favor drilling, but i know that i read the "new york times" seems to have a problem with drilling. they say that you're poisoning wells all over the country. >> well, i think there's this whole red herring on tracking, we've been doing it for 16 years. eqt has been drilling shares for a very long time, and i don't get it really because, number one, there are a lot of protections that we put on these wells. we triple case and test all the water wells around our -- our locations. the epa and a bunch of environmental groups have done numerous studies on tracking, nobody has found anything out and the states are doing a great job. here in pennsylvania governor rendell has beefed up the department of environmental protection, and so far nobody has found anything wrong. >> well, then why isn't there a big champion in washington? i mean, i can't even find a -- a senator who will come on and say, you know, jim, i listien to your show, maybe they don't listen to the show. i can't find anyone in washington to come on and say i listened to mr. gerber from eqt and i listened to mr. simpson from xto and others frommine darko and those guys have a point. maybe we should stop paying the bad guys money. where are the guys who don't want us to stop sending money to the people who hate us? >> i don't know who that person is in the u.s. congress. i hope they are stand up and say that. you're absolutely right. if you're not for natural gas, you are for foreign oil. i don't get it. >> now, how are you able to have such low finding costs, because it seems like even with natural gas at five and change, you're making a ton of money? >> yeah. we break even at a very low natural gas price. part of it is because eqt bought half of our acreage position in appalachia in 2000 when nobody could spell appalachia and we bought it at a cheap price, 50 cents for mcs gas in the ground and now it's a dime and we have a structural advantage. beyond that the team has done a great job technologically, the lowest cost driller in the shale, certainly here at huron invented the drilling stuff and just paying attention to the details. this is our only basin in shales. we've been drilling them here for 50 years. we've kind of got the drill, toe to speak. >> i was reading a professor quoted, professors can talk about anything. i've got to get one of those jobs, you can say whatever you want, professor cramer, what do you have to say, but he was saying the idea that we really have 100 years of natural gas is just fanciful, that's unproven. no way that could have happened in the last two years, that that's just pie in the sky by the natural gas guys trying to get us hooked on some fuel. is it pie in the sky to think we've discovered all that natural gas in the last two years? >> absolutely not. i don't know -- all the great things in the world come -- they don't come in a normal distributi distribution. they happen aggressively and that's exactly what happened with nat gas. >> you are somewhat hedged, right? not rolling the dice to see where natural gas goes. those of us trying to model how your earnings are going to be. natural gas goes to three bucks, you're still okay? >> we're still okay. we hedged a long time ago when we made that purchase of that acreage that i mentioned when we were very small company, and we're about 35% hedged in 2010, a little lower next year, but keep in mind the low cost structure is the hedge. i mean. >> right. >> we're in the commodity business. you have to be low cost, and that's how -- how we view it, and we don't see a lot of upside downside risk in hedging. >> one last question, murray. i was looking at size of your company as i'm listening to the exxon call today, some calls better than others, and you guys aren't that big. you're only $5.8 billion. i mean, if i were bp and i had to get into this business i would call you and say i'll pay you $8 billion. after that happened to xto it's not wrong to think what would happen. what would happen? you like being independent, don't you? >> well, we've got a lot to do, jim, and we think that this company, if we prosecute the growth strategy that we've got in front of us is a $15 billion company in a few years, so we're going to keep working on that organic growth. >> i agree with you. murray gerber, chairman and ceo of eqt, thank you so much for coming on the show. >> thanks, jim. >> he thinks the stock can triple. you know what? i think he's being modest. i like the stock a lot. i like natural gas. it's making us a lot of money. stick with eqt. stick with gerber. stick with kramer. coming up, coal conundrum. >> it means continued investment in biofuel, clean coal technologies. >> with the president behind clean coal, what's the play? cramer is cutting through the fog to try to make you some "mad money." and later, e-mail us at madmoney@cnbc.com and jim could answer you on the air in an all new "mad mail" all coming up on "mad money." don't miss a second of cramer. now you can find each full episode of "mad money" on itunes and download it for free. take all of cramer's picks, pans, plus the lightning round with you on the go. get "mad money" on itunes today. for more info go to madmoney.cnbc.com. you would think that the coal industry would be toast given that china, where most of the demand was coming from, has put the brakes on its economy, and in this country we didn't commission a single new coal plant in 2009, because it is, indeed, the dirtiest form of energy we have. you would imagine that the coal business would be either dead or dying right here. but that's not what we heist last week from peabody energy with the great symbol btu, a coal company that was the most bullish i've ever heard it when the company reported last tuesday, but then, just three days later, the other huge coal producer, arch cole, said things are downright awful. in fact, the future looks as hazy as the smog coal generates, our interpretation, not theirs, as the coal folks are a little like the tobacco companies when they still felt their product had lots of healthy attributes. so which is it, wither coal? are we dealing with king coal or is it not king coal, as in black lungs roasting on an open fire, acid rain dripping from your nose. now, i became intrigued once we got in good kohl, bad coal economy, i thought it what we heard last week when the rails reported and csx presented a darn negative picture about the coal market while you in the pacific gave us a much more rosy one. coal represents 4545% of rail freight. from what csx and union pacific said less coal from the west was doing a lot better than the truly, truly incredibly filthy dirty coal in the east that csx tends to transport but it turns out the coal business is a whole lot more complicated than just dirty and less dirty. as both peabody and arch say the cleanest coal we have, the powder river basin, a less dirty coal place and they disagree on the state of the industry. plus, not one size of coal fits all. i mean, there's coal for utilities. there's met or mettallurgical coal for making steel. there's many different flavors of stool, jerry monkey and jerry carcinogen. a lot of people say forget what you hear about china slowing down. it's going full speed ahead which is great for this company which has profits in australia that sell to the chinese. here's what peabody had to say on the chinese on the conference call, i'm not kidding, got to love these guys. incredibly bullish, quote, i'll address the simple question that we've heard for years. is the import trend in china sustainable? in a word, yes. we're in a pow paradigm, and i'm convinced that china will remain a significant importer based on domestic needs, strategic intent and aggressive actions to acquire resources outside of its borders, end quote so peabody is clearly banking on china. all that slowdown stuff that everybody else stalks about, they are like i'm not listening, i'm not listening, but we know from a myriad of reports that they are shutting down its economy to stop this financial bubble from bursting, even if the coal company hasn't heard its footsteps. arch, on the other hand, seems to see the writing on the wall, the writing that the sierra club kept out when they kept 2009 free of incoming coal plants. there's not a single new plant in the united states, something they are proud of. considering the coal causes 24,000 premature deaths a year, according to the american lung association. the company, which gets the majority of its sales from domestic utility customers, missed the street's consensus earnings estimates, lowered the guidance and frankly the tone on the conference call was much more muted. i think they should have muted the conference call, so what would make us more positive on coal? what could save this industry? what's the wild card? president obama. that's right. obama can save them, and we know he'll try, because the president is deeply committed to coal over natural gas, and the favoritism coupled with the massive subsidies that he has put in the budget to attempt the impossible, clean coal through carbon capture, could make for a coal comeback. the unholy alliance between clean coal and the president could be enough to save arch coal or at least make it so that the company isn't a dwindling asset. obama's clean coal obsession has gotten us to excelon and dominion to sign on to a continuing use of coal, the dirtiest fuel of all. excelon this weekend checked off on this idea. obama is the most important coal president in a generation. he's repeatedly chosen it over much cleaner natural gas even though it's been shown to cause serious health problems, can't be used in cars and trucks and can't create energy independence. frustratingly, what obama is in favor for, the worst industry out there other than the tobacco companies. for peabody to work there has to be a reversal of china's no lending policies. i don't think the china reversal will happen, and i don't believe the support obama will be enough. with the slowdown in china and the lack of new coal plants in the u.s., i have to believe coal use will be flat. it could even be down in 2010, and that means you need to sell these stocks. right now wall street earnings estimates are higher in 2010 than 2009. i think that could be wrong. it makes peabody and arch i think dangerous because these estimates need to come down, and they will take the stocks down with them. here's the bottom line, coal, likes james bond has a license to kill worldwide and the chinese are reigning in that license and while obama is pro keil because of carbon capture i think the electric utilities are loathe to put up new plants because they know, unlike this president and the energy secretary, that clean coal is an oxymoron. without china and without new u.s. coal power plants, i think this industry is dead for now. i think you use any lift to sell, sell, sell, bought the exported-oriented peabody and the domestic-orened arch despite coal's amazing love affair with the president to the exclusion of the much cleaner, safer, job-creating domestic security-producing natural gas. we got a lift today. i hope you took advantage of it. robert in hawaii. robert. >> caller: jim, would i like to first of all give you a big coast guard boo-yah in half hawaii. >> let me give you a coast guard boo-yah for serving. >> caller: got a question. three years ago i'm in china on diplomatic relations talking to my good friend hu jintao, love china, it's a little dirty and what do you think, he turned and said rhino, what do you think about rhino? >> the propane company. >> caller: rhino international, the water treatment company in china. >> we looked at this. look, hey, this is a decent spec, okay. looked at this to try to figure out. one of those companies that seemed like it could have everything that could possibly turn the world around, right? but i've got to tell you it's just a spec. not endorsing any chinese stocks here. we're not going to go there. your friend may be very right, but the history of the chinese companies, particularly the ones that could vice principal publicly recently are so bad that i'm not going to go there. can i go to richard in nevada. >> caller: richard. >> skeedad. >> what's up? >> caller: natty gas boo-yah. >> i'm liking that. what have you good? >> pbt, they receive a royalty from the sales of natural gas. i notice that the dividend has been creeping up recently with the price of oil and gas. it appears to me that if oil and gas prices stay stable that the trust has a forward dividend of over 10%. if oil and gas go up, it should even go higher. >> yes, it is, richard. you're reading my mind. that's why we recommended this and is one of our favorites. we think the yield will continue to go higher and higher. we don't think the oil will take out the $70 floor. i reiterate i like it. johnny in california. johnny. here's johnny. johnny. >> caller: boo-yah. >> boo-yah, john. go ahead. go ahead, bud. >> caller: are you ready? >> skeedad is ready. >> caller: i had a question on cloud energy, cld. i bought it after the opening and there's in news. >> we said to buy it if it went down and then it went up and we had a nice rally and we said, listen, that was the rally. it could get better if oil goes higher. oil has come down t.trades with oil. we are more confused than ever about what happened with coal after peabody said things are good, and -- and after arch said things are bad, so we think without the president's help or chinese coming back coal is going to be dicey for 2010. look, president obama may think coal is still king and he's got the able to save the industry with the carbon capture stuff but with china and the lack of new plans in the u.s., i'm sorry, i think coal has become forgettable. that's right, as in sell, sell, sell forgettable. stay with cramer. coming up, are you ready to get charged up? cramer cranks up the voltage and goes electric. on an all new hyperactive "lightning round." and later, cramer takes all your questions and gives you the quick fire responses you so grave. we want to hear from you. so send jim an e-mail at madmoney@cnbc.com and stay tuned for rewarding replies on "mad mail" all coming up on "mad money." now you can stay connected to cramer wherever you go. download full episodes on itunes, grab our widget to your desk top and get daily desk alerts sent to your phone and with constant updates on twitter, you can get "mad money" anytime, anywhere. @@@@@@@ the "lightning round." what's that sound about? rapid fire calls. you say the name of the stock and i tell you whether to buy, buy, buy or sell, sell, sell. i do not know the callers or questions ahead of time. we play until we hear this sound, and then the "lightning round" is is over. are you ready, skeedaddy? it is time for the "lightning round" at kramer's "mad money." we start with jack in my home state of new jersey. jack. >> caller: thanks for taking my phone call. >> absolutely. >> caller: alpha, do you know where it's at? >> what's that. >> >> caller: alpha? >> i don't know. >> caller: close to it. i wanted to ask you about brocade, we blew out of it, we've never looked back. i still don't likeboro cade. there are other players that i think about better. i happen to like cisco, csco, a conservative price geffen how the growth is. csco is better than owning brocade. how with tk in illinois. >> caller: an eastern tk boo-yah to you. >> good to have you on the show. what's up. >> caller: just wondering about dry ships? >> no, nope, nope. if we're going to go that dry bulk, won't recommend dry ships. we like the balance sheet of diana, goddess diana, dsx. how about hakeem in tennessee. hakeem. >> caller: hey, jim, a big boo-yah to you. >> thank you, hakeem, and one right back at you, you volunteer. >> caller: absolutely. i was calling about freeport-mcmoran. >> very tough call. very tough call. i spent a lot of time on fcx today. i was going to start my monologue with fcx trying to figure out. the chart is so broken. look at the charts, do up the charts on tuesday. the chart is so broken that it worries me. the stock is bouncing forward because it's so oversold. i think it has two or three more points. would i much rather see you if you want to play copper, i would much rather see you in southern copper, pcu, which is cheaper, fcx, i'm nervous about that chart. i am nervous about the chinese exposure. how about we go to vinod in florida. >> caller: boo-yah, jim. >> boo-yah. >> caller: from melbourne, florida. >> melbourne, cape cape canaveral, boo-yah, what's up? >> caller: i have to tell you, my son is 3 years old, and he loves your show. >> thank you, thank you very much. >> caller: so here's the question. rocket earnings last week, apple launched a much awaited ipad. then why did the stock move from 214 to 190? >> cramer's dictum. say it over and over. this stock would have a huge run into the launch that when the launch came out people would be disappointed no matter how great it would be, no matter what they said, and then the stock will be smack back for all the points. there was a 20-point improvement in the stock leading up to the tablet to launch the ipad and a 20-point decline. it did exactly what we said it would do and we said you could start picking it up on monday. here it is monday, and we're with it, and we agree and the analysis played out. joe in ohio. joe. >> caller: jim, a boo-yah. >> boo-yah, joe. >> caller: what do you think about bsx? >> i don't know. i was thrown by the settlement. the settlement was gigantic. did you see how much they paid? i mean, as i got -- i didn't think that would have that kind of liability. this was a patent suit that they had, and it was just with j&j, $1.7 billion. it's -- it speaked me. i know i've been in favor of this stock, but he had a nice little gain in it, but it took my breath away. that patent took my breath away. can't get behind it. how about agnes in nevada. agnes. >> caller: hi. >> hi. >> caller: jim, hello. >> hey, hey. >> caller: i want to thank you for teaching me a lot of things that i didn't know. i appreciate your help. >> that's why i like to do the show. a lot of people stop me on the street saying thanks for explaining it to me. i've got to do a little entertainment when i do it, when i have to. go ahead. >> caller: i wanted to ask you about the burlington northern santa fe buyout by warren buffett. shall i -- i don't want to get warren buffett stock. >> well, if you don't want it you've got to sell, sell, sell. i actually think owning buffet stock is a great idea. i think you should own buffet stock. i think he's a great -- a great mind. i think it's a great portfolio holding. i would be in it. i would take the stock. i would take the stock of berkshire hathaway. kirk in california. kirk? >> caller: cramer. >> kirk. >> caller: finally got through. >> glad you kept trying. >> caller: want to wish you a boo-yah from lake tahoe, california. >> lake tahoe. how can i help you. >> caller: can probably help me shovel snow but you probably don't want to do that. >> when i lived in my car easier to live on the nevada side. never harassed me on the california side. sleeping in the car, kind of a aaa thing. go ahead. >> caller: you've got a lot of fans up here, jim. should get in with a book-signing. i need a book signed. >> i have fans in the donner party. it was a cookbook. >> caller: it was a blast up here. my question is i'm retired and have too much time on my hands. >> me, too. >> caller: this last weekend i scoured through every opinion on earth and i'm more confused now than ever. i'm concerned about honeywell. >> no, your concern, i will allay your concern. the problem is mr. cody gave -- here's what he did wrong. dave cody should never ever have said that he feels that the first quarter is going to be down as much as he did. why? that's all the analysts focused on. he was laughing in the call. for heaven sake, dave was too downbeat. that's not fair because dave is dave. i'm jim. i'm not dave. he's not jim. dave was too downbeat. i reiterate i want to buy honeywell, said that in an e-mail. dan cody is being too deck negative about the stock. i owner is for my charitable trucks actionalertsplus.com. it's a great stock with great exposure to boeing and airbus, and where was i? oh, yeah, buy, buy, buy. buy, buy, buy, honeywell, and stay with cramer! the "lightning round" is sponsored by t.d. ameritrade. coming up, e-mail us at madmoney@cnbc.com and jim could answer you on the air in an all new requested mad mail." use the mad money sound board at madmoney@cnbc.com from ♪ hallelujah". >> to. >> and remember this one. >> they know knowing. >> listen to all of cramer's sound effects at madmoney@cnbc.conley. simple, fair pricing. no hidden account fees. no shenanigans. just good value. real help. smart people who are easy to work with. that's what td ameritrade stands for. what does your investment firm stand for? it's time for fresh thinking. it's time for td ameritrade. this is not more benefits at greater cost to your company insurance. this is not how does it fit in my company's budget insurance. this is help protect and care for your employees at no cost to your company insurance. with aflac, your employees pay only for the coverage they want or need. and, the cost to you - nothing at all. if all you know about us is... aflac! ...then you don't know quack. to find out why more businesses provide aflac, visit getquack.com this is from joe in my opinion. this is from joe in miami. i would have thought trinity industries would climb out of its hole it's in with the president's plan to upgrade the rail system. this stock is falling. what am i missing? trinity does a different rolling stock. the president is trying to have high-speed passenger which is not trinity. trinity has done a lot with windmills. the windmill business has slowed because the price of oil has come down. trinity is a stock we we don't like anymore. we did like it when we thought wind power was the next thing but boon pickens explained to the world that and he had been a big wind guy -- i didn't say wind bag. this is from kate in connecticut -- kate, this was a very tough decision. stephanie link and i, the research director for my charitable trust. i can't own stock us by i do play for charity. we were so big on them that we didn't want to get back in the game, even though we think veil is cheap. sometimes you have to make decisions based on how much exposure you have to china and like caterpillar, i said, enough, i'd rather be in softer stuff, maybe some medical or health care. but caterpillar, down here, i like it more than veil at 27. that's a great question of the charitable trust. we sent out e-mails all week about this. these are tough decisions. this is from brian in california -- i am goofy. here's the thing, brian. we're not falling prey to any of that stuff. here's the problem. the market is not -- 2010 is not going to be a great year. some stocks will be great. i'm afraid by taking it across the board, take a scalpel approach or a surgeon's approach. we don't want to do this like across the board like a chainsaw. some stocks you hang on to and some you don't. let's take it case-by-case. "mad money" is back after the break. don't get complacent about this rally. i always say there's always a bull market somewhere and i promise to try to find it for you somewhere on "mad money." i'll still see you tomorrow! ♪ well, look who's here. it's ellen. hey, mayor white. how you doing? great. come on in. would you like to see our new police department? yeah, all right. this way. and here it is. completely networked. so, anything happening, suz? she's all good. oh, my gosh. is that my car? [ whirring ] [ female announcer ] the new community. see it. live it. share it. on the human network. cisco. yeah. would you like a pony ? yeah ! ( cluck, cluck, cluck ) oh, wowww ! that's fun ! you didn't say i could have a real one. well, you didn't ask. even kids know when it's wrong to hold out on somebody. why don't banks ? we're ally, a new bank that alerts you when your money could be working harder and earning more. it's just the right thing to do. tonight on a special edition of "the kudlow report" live in washington tv. former treasury secretary, henry paulson talks to us about his new book "on the brink" and we'll talk to a free-market man who engaged in, perhaps, the most systemic government intervention in u.s. financial history. did it work? were there other options? why is there a populist political backlash against the bailouts? and is there a long-term american economic future better or worse? mr. paulson will give us some straight talk on what he was thinking and how it all turned out. this is the first government source account inside account, straight from the horse's mouth. fasten your seatbelts, everybody. "the kudlow report" begins right now. good evening. i'm larry kudlow and welcome to a special edition of "the kudlow report" and we believe that free market capitalism is the best path to prosperity. tonight wooel we talked to the man at the center of the worst worldwide crisis since the great depression and that's former secretary and former goldman sachs president, henry paulson and his much-awaited memoir, "on the brink, inside the race to stop the collapse of the global financial system" just hit bookstores today and i