Never going to criticize the skepticism. I applaud it. It is a quality that has made me a ton of money versus the complacency which has been a continual loser. Skepticism allows you to leave the table after a big run. And if complacency says youre going to buy and hold. Im sure that there are plenty of index Fund Supporters who say come on and see, if you bought and held you would have done fine after all, but you could have made so much more money doing what these theoreticians think is impossible. Which is selling high, and buying low. Getting out and getting back in. That is undeniable now. Its empirical. And if you manage to get out near the high of 14,000 and change or 12 or 11,000, and then you get back in near the bottom, you have made a fortune and more important you didnt lose one. Congratulations. And then the logical question is this should we ring the register this time around . Is that the correct course given that it worked last time . Well, you have come to the right pla
Closing below 1400 for the First Time Since june. Markets around the world are holding their cheollective brea as the allies and the u. S. Weigh options against syria. And such at a tack on syria could send crude surging to 150 barre barrel. And jpmorgan is going to settle lawsuits settled from subprime mortgages. The nasdaq and the s p coming off of the worst levels. And the fears of u. S. May attacking syria in the next few days, stocks are posting the biggest drop in eight weeks on the syria concerns. There is some line of thinking, jim, because today is a big event on the National Mall anniversary of the i have a dream speech, that the president may not act today and he is overseas and so a window of thursday and friday where if they are going to dit, they will do it. I read the speech again and i have to go listen to it. I do, too. And we listened to it tomorrow. Yes. It is on youtube and even though it is online, it is not part of the public domain. True . Yes, we can only play s
The flu comes on fast, so ask your doctor about tamiflu. Prescription for flu. Tax time can ofbe. Well. Taxing. So right now well give you. 10 off any turbo tax deluxe Level Software or higher find thousands of big deals now. At officemax. Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business, and hes nuts. Theyre nuts. They know nothing. I always like to say theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Some people want to make friends. Im just trying to help you make a little money. My job isnt just to entertain but to educate and teach. Call me at 1800743cnbc. The dow jones average is just a stones throw from 14,000. Headed to its all time high that we reached five years ago. The index which rallied 72 points along with s p and nasdaq 52. 2 is in rarified territory for certain. Yet the chatter it remains skeptical. As ive said many a time, im never go
Italy and in spain. Our road map begins with a search for a major retailer, any major retailer who didnt miss on november comps. Gap, macys, target, all disappointing. Is it all due to sandy and what does it mean for the holidays. Tiffany is not a statement on lucksy, but Rather Company specific. Quite near meets with the president today. And we have another upgrade for research in motion. This time at goldmansachs saying the blackberry 10 will not only beat expectations but also put the company in the black by fiscal 14. Target, macys and kohls reporting unexpected declines. Number of retailers blaming sandy for the lackluster results, david and jim. They say the second half of the month wasnt so bad, but still a lot of White Knuckles as somebody said about the holidays. I think that one of the Untold Stories may still be exactly how bad sandy was. Sandy is going to turn out to be a 100 billion storm. But i think its a shutdown. It was the shutdown of a major part of the infrastructur
Earlier on in the show, we asked you to weigh in on our street fight and decide if the bear or bull won. We tallied the result and you said pete made the better case. He has a million followers on twitter. Thats right. Just saying. He is also not wearing a table cloth on his shirt. Nice shirt, steve. Hungry for some chicken. Its time for the final trade. Lets go around the horn. Tim . Buyer of baidu. Google on dips. Karen . I like wellpoint, even right here. And pete . We talked about amgen earlier, i think that name is going a lot higher. Fantastic. Thank you all for watching. Im mandy drury sitting in for melissa lee. Mad money with jim cramer starts right now. Go out of business. Hes nuts theyre nuts. They know nothing. I like to say theres a bull market somewhere. Mad money you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im trying to save you money. My job is not just the entertain, but teen how you think th