When it comes to steel, Cramer said to buy Nucor and sell US Steel .
Lastly, investors don’t seem to understand the much-debated health care public option, Cramer said. Many states with strong competition among private companies might not feel the public option’s effects, but that hasn’t stopped Wall Street from shorting health maintenance organizations like Humana , WellPoint and United Health anyway. Cramer blamed the government’s lack of sensitivity to the market for the trouble.
“It’s a free-fire zone,” Cramer said, “because Washington doesn’t care about what happens to stocks.”
Cramer said he doubts the public option will hurt these companies in the long run, but given the present environment, “Who wants to be long” on the stocks?
Call Cramer: 1-800-743-CNBC
Questions for Cramer? firstname.lastname@example.org
Questions, comments, suggestions for the Mad Money website? email@example.com