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View Full Version : S&P 500 could rocket to 1200 - Cramer's Mad Money Stock Picks Recap 9/8/09


Thierry Martin
09-08-2009, 11:07 PM
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Cramer's Mad Money Daily Recap - Tuesday, 9/8/09

On Tuesday's "Mad Money" show Cramer said that according to chartist Dan Fitzpatrick, the markets are exhibiting a classic "reverse head-and-shoulders" pattern. Fitzpatrick suggested the S&P 500 could rocket to 1200 if the pattern holds. Cramer agreed, citing several real-world reasons why Fitzpatrick's technical analysis might be right.

Bullish
Advanced Micro Devices (<u><a href="http://quote.barchart.com/chart.asp?sym=ADM&code=BCMM" target="_blank">ADM</a></u>) <i>(mentioned on Stop Trading!)</i>
Agnico-Eagle Mines (<u><a href="http://quote.barchart.com/chart.asp?sym=AEM&code=BCMM" target="_blank">AEM</a></u>) <i>(mentioned on Stop Trading!)</i>
Altria (<u><a href="http://quote.barchart.com/chart.asp?sym=MO&code=BCMM" target="_blank">MO</a></u>) ("going to $20") <i>(Lightning Round)</i>
Citigroup (<u><a href="http://quote.barchart.com/chart.asp?sym=C&code=BCMM" target="_blank">C</a></u>) <i>(Lightning Round)</i>
Comcast (<u><a href="http://quote.barchart.com/chart.asp?sym=CMCSA&code=BCMM" target="_blank">CMCSA</a></u>) <i>(Mad Mail)</i>
Ford (<u><a href="http://quote.barchart.com/chart.asp?sym=F&code=BCMM" target="_blank">F</a></u>) <i>(mentioned on Stop Trading!)</i>
Kraft (<u><a href="http://quote.barchart.com/chart.asp?sym=KFT&code=BCMM" target="_blank">KFT</a></u>) <i>(mentioned on Stop Trading!)</i>
Nvidia (<u><a href="http://quote.barchart.com/chart.asp?sym=NVDA&code=BCMM" target="_blank">NVDA</a></u>) <i>(mentioned on Stop Trading!)</i>
OptionsXpress (<u><a href="http://quote.barchart.com/chart.asp?sym=OXPS&code=BCMM" target="_blank">OXPS</a></u>) <i>(CEO interview on Mad Money)</i>
Peabody Energy (<u><a href="http://quote.barchart.com/chart.asp?sym=BTU&code=BCMM" target="_blank">BTU</a></u>) <i>(Lightning Round)</i>
Potash (<u><a href="http://quote.barchart.com/chart.asp?sym=POT&code=BCMM" target="_blank">POT</a></u>) <i>(Lightning Round)</i>
Randgold (<u><a href="http://quote.barchart.com/chart.asp?sym=GOLD&code=BCMM" target="_blank">GOLD</a></u>) <i>(mentioned on Stop Trading!)</i>
Schering-Plough (<u><a href="http://quote.barchart.com/chart.asp?sym=SGP&code=BCMM" target="_blank">SGP</a></u>) <i>(mentioned on Stop Trading!)</i>
Time Warner (<u><a href="http://quote.barchart.com/chart.asp?sym=TWX&code=BCMM" target="_blank">TWX</a></u>) <i>(Mad Mail)</i>
Whole Foods (<u><a href="http://quote.barchart.com/chart.asp?sym=WFMI&code=BCMM" target="_blank">WFMI</a></u>) <i>(mentioned on Stop Trading!)</i>
XTO Energy (<u><a href="http://quote.barchart.com/chart.asp?sym=XTO&code=BCMM" target="_blank">XTO</a></u>) <i>(CEO interview on Mad Money)</i>

Bearish
Monsanto (<u><a href="http://quote.barchart.com/chart.asp?sym=MON&code=BCMM" target="_blank">MON</a></u>) <i>(Lightning Round)</i>
Patriot Coal (<u><a href="http://quote.barchart.com/chart.asp?sym=PCX&code=BCMM" target="_blank">PCX</a></u>) <i>(Lightning Round)</i>
Sprint Nextel (<u><a href="http://quote.barchart.com/chart.asp?sym=S&code=BCMM" target="_blank">S</a></u>) <i>(Lightning Round)</i>

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