"Drilling budgets will be renewed and grow larger, and nat gas - particularly Dow Chemical (DOW) or International Paper (IP) -- should be locked in for years at these prices because they aren't going to stay here much longer." ("Dining at the Oil Trough," 5-1-09)

On stocks of companies that have significantly lowered earnings guidance, buy defensive puts. This works for Texas Instruments (TXN), Ingersoll-Rand (IR), Eaton (ETN), International Paper (IP), National Semiconductor (NSM), Sandisk (SNDK), Illinois Tool Works (ITW), Massey Energy (MEE), Parker Hannifin (PH), Estée Lauder (EL), Time Warner (TWX), CSX (CSX) and Norfolk Southern (NSC).

From a recent Mad Money show:"People are concerned with the balance sheet and I am, too. You have to lighten up on that position."

Cramer: Do Not Copy Xerox: Jim Cramer is walking away from the bad balance sheet and bad company decisions of Xerox.
Click here to watch the video.

From a recent Mad Money show:"They've done so much wrong; I'm not going to get behind them. The balance sheet is horrible. What were they thinking over there?"

From a recent Mad Money show:"They've done so much wrong; I'm not going to get behind them. The balance sheet is horrible. What were they thinking over there?"

Next Dead Dividend: David Peltier, portfolio manager of the Dividend Stock Advisor, reveals what he thinks will be the next dividend to get slashed.
Click here to watch the video.

International Paper (IP): That's a $40 stock.

Stock Wrap: The Real Story: Stock Wrap: The Dow finishes below the 7000 mark as another AIG bailout and more dividend cuts drive stocks down.
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From a recent Mad Money show:"No, don't waste another second on that one. They don't have it, I don't want to touch IP."

leadership

just goes nowhere but down