Hey Jim:You da man! Watching you on TV every night is like having an investment class in my living room. What’s up with the retail sector? Your books say, “When the slowdown is evident, the Fed begins to ease rates."  Isn't that now? It’s seems to me that the Federal Reserve is going to ease rates and that now is the time for retail. What do you think? --Mike

Cramer says: “I totally, totally agreed with you – two months ago. But the Fed has decided in its infinite wisdom that although the housing crisis is upon us, the auto crisis, and retail has slowed, all that matters is our export business is booming. So they have taken the easing off the table, which is why retail’s been bad.” If it’s not GameStop or Sears or maybe Petsmart, Cramer wouldn’t touch it.