For the “Off The Charts” segment, Cramer went up against his colleague at TheStreet.com Tim Collins over the chart of Apple Inc. (NASDAQ:AAPL), a stock Cramer holds in his charitable trust.

Collins is confused over the chart for Apple because the technicals are signaling that something big is going to happen, but there is no indication on the direction. He mentioned that on the daily chart there is a bullish pennant pattern, but the relative strength index is at its highs, which is often a sell signal.

Collins said that on the weekly chart Apple is displaying a number of bullish flag patterns, but the on balance volume is trending lower. Collins told viewers he would buy the stock up to $289 a share, but he would sell AAPL if it drops below $245.

Cramer said the fundamentals for Apple remain strong, and he’s a buyer right here, and a bigger buyer if the stock trades lower. He slapped a new price target on Apple of $300 a share, based on strong demand for the iPhone and the company’s surging momentum.  Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Bullish
Citigroup Inc. (NYSE:C), Chevron Corporation (NYSE:CVX), ConocoPhillips (NYSE:COP) and Annaly Capital Management, Inc. (NYSE:NLY).
Bearish
Qwest Communications International Inc. (NYSE:Q), ATP Oil & Gas Corporation (NASDAQ:ATPG) and PAA Natural Gas Storage, L.P. (NYSE:PNG). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Jim Cramer presented viewers of his “Mad Money” TV show with a list of 10 nominees of the worst CEOs in America that he will add to his notorious “Wall Of Shame.” He said viewers can vote for their favorites, and he’ll pick the ultimate winner.

The list of nominees included the CEOs of Nokia Corporation (ADR)(NYSE:NOK), UAL Corporation (NASDAQ:UAUA), Health Management Associates, Inc. (NYSE:HMA), WellPoint, Inc. (NYSE:WLP), Johnson & Johnson (NYSE:JNJ), AirTran Holdings, Inc. (NYSE:AAI), AES Corporation (NYSE:AES), Beckman Coulter, Inc. (NYSE:BEC), Massey Energy Company (NYSE:MEE) and The Blackstone Group L.P. (NYSE:BX). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!