June 14th - No Picks - Sell Ethanol Stocks

Cramer's first segment (according to his web update since I was unable to watch it tonight) was about getting out of ethanol stocks. This is a recent trend where Cramer is telling people to sell instead of buy. This of course took ADM and ANDE down quite a bit after hours. I'm not interested in shorting this one without a spike since it isn't really what I look for here. If there is an up day tomorrow there is no telling if the "reverse" Cramer effect can keep these stocks down on a sell recommendation.

Cramer's next segment dealt with playing safe and not trading on margin because it creates demand that people can't afford when things turn ugly which causes margin calls and even more selling. Once again no stocks were picked. I have a feeling Cramer is worried about another big down day after up days that we have seen recently. If I recall correctly, from one of Cramer's books (Confessions of a Street Addict or Sane Investing in an Insane World) he made claims of knowing when to convert to a cash position and get out before a crash, and was bang on a few times. With all these sell recommendations instead of buy, and "be defensive" segments I wonder what he would be doing with a personal portfolio right now....besides his charitable one that he obviously won't covert to cash because then what would all the subscribers paying $400 a year be getting??

Finally Cramer had a segment of "Am I Diversified". Although he normally has a few things to say about certain stocks, I don't short these since they aren't "highlight" picks.