i m jim cramer, and welcome to my world. you need to get in the game. firms are going to go out of business, and he s nuts! they re nuts! they know nothing! i always like to say there s a bull market somewhere. mad money. you can t afford to miss it. hey, i m cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i m just trying to make you some money. and my job is also to entertain and educate. o call me at 1-800-743-cnbc. it s time to go into glass half empty mode. at least when it comes to the sick men of europe. the five little pigs, p-i-i-g-s. portugal, ireland, italy, greece, and spain. as represented here by my fabulous food and beer table. these countries finances are all on death s door. but they don t know jack, that is, kevorkian, even as they sure could use a house call from the good late doctor. from here on in you need to presume the worst. outright defaults. the equivalent of bond funerals. in greece. in spain. p
i m jim cramer. welcome to my world. you need to get into the game. these firms are going to go out of business. and he s nuts. they re nuts. he s nuts. they know nothing! i always like to say there s a bull market somewhere. and i promise mad money you can t afford to miss it. hey, i m cramer. welcome to mad money. welcome to cramerica. other people want to make friends, not interested in that. trying to make you money. throw in a little entertainment. call me at 1-800-743-cnbc. tomorrow s papers, it won t look like much. nine-point gain in the dow, fractional inch up in the s&p, but those papers are lying. they re masking one of the wildest days we ve had in ages around here, one where we saw an intraday 112-point dow swing, bottom to top which leads me to ask you a simple question were you ready for this market s intraday red tag sale? were you ready for a buy one, get one moment coupon cents off at the cash register? today reminds us that when the bull market s
health care reform. we fret about the chinese asset bubble. we fret about the burgeoning deficit. we fret about how long rates can stay low. we fret about how long rates will be low before they go higher. we fret about earnings. and let me throw in one more. we fret about earnings. hey, look, it s good to fret. it s good to be a worrywart, like my sister, the original negative nancy. i used to fret all the time at my hedge fund where i managed 500 million smackers. you simply aren t being critical enough if you ain t fretting. it s ridiculous to think everything s going to work out every time, ain t it? the only people who really get hurt if you re fret-free are the execs at allergan, the makers of botox. here s the problem, though. ever since the bottom every action that s been motivated by fretting has been just plain wrong. over and over again it has proven to be a mistake to let your worries, your fears be your guide. thinking cancelling your fears in this happy-go-lucky
your response at this time. what ? please call back between 8 and 5 central standard time. he s in control. goodbye. even kids know it s wrong to give someone the run around. at ally bank you never have to deal with an endless automated system. you can talk to a real person 24/7. it s just the right thing to do. i m jim cramer, and welcome to my world. you need to get in the game. firms are going to go out of business, and he s nuts! they re nuts! they know nothing! i always like to say there s a bull market somewhere, and i promise mad money. you can t afford to miss it. hey, i m cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i m just trying to make or save you a little money. my job is not just to entertain but to educate. so call me at 1-800-743-cnbc. universal health ñ what i do know, though, is i focus too much on politics on the show. did i think too much like a rich person perhaps, worried about my own tax
hey, i m cramer. welcome to mad money. welcome to cramerica. other people want to make friends. i m just trying to make you a little money. my job, not just to entertain but to educate. so call me at 1-800-743-cnbc. which is it? is the stock market so hoping for some resolution, any resolution on health care, that it won t even go down despite the stories over the weekend that indicate obama s much closer to a health care victory than he was a week ago? to look at the averages with the dow closing up 17 points, s&p rallying 0.5% today, you have to believe it. or is the stock market oblivious, oblivious to the fact that this weekend the democratic leadership exerting pressure on all opponents from its own party changed the odds hugely in favor of obama s care passage? which is it? is it going to be passage on the blind side? i don t know. but look, for many i think it s the former. the hedge and mutual fund managers i poll as part of my regular due diligence for the show sim