


Airtime: Mon. Oct. 26 2009 | 02:40 PM ET
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.
Automatically Generated Transcript, may not be 100% accurate (show more)
" And yes. At near me now yes I can't thank you -- you can hear me look a little -- there I'm -- I don't like it when things go wrong -- business anyway so happy and now we -- Columbus -- we're down 101 what do you make it. But I think it is yes we think it is."
" I think it actually a couple of little things in Dallas fed was not so hot the -- of Federal Reserve block. Board books aren't reading that well obviously we're very hung up on this dollar relationship which we talked about earlier. Odd and there's an -- to which you can sure hear this truly remarkable. I think U these short pretty much anything minuet that up opening Aaron. And then it goes down that's the kiss of death and a byword wild hedge fund I have to admit I'd be shorting audiences seem that there's very little risk to a right now."
" Okay so let's get your specific names and you have a few. Audit daylight this let's talk about Amazon which was really the leader as a turn around like this -- for the market and maybe even in sentiment hurt a stock like that it's one of your."
" Former Amazon reported where people felt that Wal-Mart was going to make a major move against them. It seemed like global market did with the yen's Walgreens which really -- with a four dollar generics."
" uses different."
" The lowest cost producer on the web album which is always been Wal-Mart whole thing. Amazon because of their fulfillment. So you may think that Wal-Mart can come in. But the real blast ended the operation is all Amazon well yeah Wal-Mart can not dominate on the web because they don't have the fulfillment dammit am sends."
" Up okay. That's an interesting theories so we talk about those cheap books."
" One of the things that I've always enjoyed about it he -- is he understood the beyond infrastructure of the web Benedict anyone. And that's funny -- what zap those who also understands the infrastructure. He really has exactly what Wal-Mart once which is the low cost if Wal-Mart can't low cost why goal there."
" Okay let's talk about the public option now. Again the public actually get the whole lot of attention when really not that many people would even use it so and it isn't -- that's significant and of itself it now could be even less significant write -- the states might be able -- opt out."
" You know this one of those things where people don't understand the geography of the public option the people who want public option happening in states -- tends to be blue cross blue symbols the only game in town. I -- states actually need the public option to be elderly get competitive healthcare. In a lot of states there are four or five companies all go one at a public auction won't even eat anything."
" But as soon as we believe the term public option they begin to short you manage short WellPoint."
" And they you know they got a short UnitedHealth and it's a free fire zone because Washington doesn't. Error about what happens is stocks."
" You don't think hard. In the end no one has not once belonged to flower out there I'd look at that WellPoint shorten sales soared to 43."
" All right Ed it's a fair point to go -- sort even know. It I doesn't pan out in the long run -- final -- point here you do have one sort of scared straight right Newport US steel yeah."
" Yes don't this is again I'm trying to have a long and a short because that's how ugly this market can be -- don't."
" I want to sell letter X and I want to buy new court because one needs the woke us up Arnold for cutting away here but one needs overall cost of scrapped."
" Coming down and that's what -- didn't kill."
" Kinda quick reminder of all the recommendations expressed by Jim Cramer are solely his and are not the opinions of CNBC. And may have been previously disseminated by him before acting on recommendations considerate suitability for your circumstances. I consider seeking advice from your own financial adviser. "