Mad Mail

Dear Jim: Lamson & Sessions, a stock that you thought we should look at early in the year as a buyout candidate, despite very low volume this week, has experienced very large up and down price swings. Is that normal with a low volume stock? Also, do you still feel it is an ideal takeover candidate, and do you have any concerns that it has not recovered to its pre-Feb. 27 market-decline prices? --John

Cramer says: "Not at all, John. The private-equity guys are always looking. Lamson & Sessions is a natural. I would still own this. I think it’s one down, six up – that’s a really good risk-reward."

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Dear Jim: It seemed that a lot of the gold and uranium plays got hammered Tuesday suddenly in mid-afternoon trading. Was this a delayed reaction to the lower core inflation numbers today? If so, why did it take a few hours before the institutions starting selling? How can I predict this type of down move next time and get out at least half in anticipation? --Eric

Dear Jim: It seemed that a lot of the gold and uranium plays got hammered Tuesday suddenly in mid-afternoon trading. Was this a delayed reaction to the lower core inflation numbers today? If so, why did it take a few hours before the institutions starting selling? How can I predict this type of down move next time and get out at least half in anticipation? --Eric

Cramer says: "You need to follow the bond market, Eric. The bond market peaked on Monday at 4.75% for the 10-year – that’s the interest rate. Then the interest rate started going down, the bonds went up, and you had to sell your gold and gold-related [plays]. The bonds tell the story first. So you pay attention to the 10-year Treasury."

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Dear Jim: I have really enjoyed following your show during CNBC’s Million-Dollar Portfolio Challenge. I'm currently in the top 9% based on your fabulous recommendations and plan to follow your wise advice into the future, well beyond the confines of the Million-Dollar Challenge. Thanks for all your knowledge and encouragement. BBBBooooyah!!!!! --Monica

Cramer says: "Remember, I like Charter as my favorite play. I want to reiterate that Dynegy and Rite-Aid are great single-digit play plays for those on the look out. And don't forget, Level 3 Communications reports next week. It could be very good. Those are all good game names."

Dear Jim: Last week we saw a trend in trading where the market was having an early morning selloff and then recovering later in the day. Is this a case of the bears dumping stock in early morning trading, and the bulls then picking up the stock at bargain prices? Should we see this bulls-and-bears battle as a sign that the market is in fact stable rather than volatile? --Mike

Cramer says: "What you're seeing is people giving up in frustration over world events and then coming back when they realize that the world events are not impacting the market. Individual stocks' earnings are. That's why I'm so bullish. That's why I want you to stay with the market. Do not be shaken out by these so-called prudent but actually reckless bears."

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