[Beginning of Cramer's verbatim comments for this segment...]

Jim:           People refuse to connect the dots... to figure out what's working... and what will continue to work, regardless of what the Federal Reserve does... or the mortgage market does, or the dollar, or gold, the yen cross... I don't care! Everything else we're told is important... unfortunately including the Dow and the S&P 500, both of which got clobbered at the end of the day.

Just so you know... I don't blame anyone for feeling or being dispirited after a day like today, when we lost more than 150 Dow points, peak to trough... Those days always drove me crazy when I was a professional money manager... Just think... Dow 10,000... so tantalizingly-close at one point... now seems so out of reach, after this kind of shellacking... and I don't think the shellacking's over...

We are at the start of one of these, again, 3-5% garden variety declines that we get now and then since the March bottom...

Here's the difference though... the difference between me and the worrywarts out there...

Over the next 24 hours, there are going to be a lot of people who try to scare you into submission, telling you we've seen the top for the year... and for them, it's Katy Bar the door to the downside...

Me?...

I say, what a break... finally...

Let me tell you what you should be doing... You should be thinking about what to buy if and when the market gets hammered tomorrow or the next day...

And it's not what's right for now, or tomorrow, or Friday... I'm talking about what's right and going to work for the next weeks and months from now...

I thinking, with the gloom from today's trading... all thick and foggy... once again, (this) Mad Man's got to spell it out for you... Yep, I've got to spell it out for everyone...

Hmm... maybe words are too hard... maybe what you need me to do is draw it out in pictures (Jim then goes to easels that have pictures of dots to connect)...

Okay, tonight, I have a couple of fine art examples that might help things... and give you some ideas to take a look at... now that the selloff has started...

Here's the first set of dots...

That's right, it's an Apple (AAPL)... Now, get a load of this... We're going to do a little more graphic display, okay?...

What am I doing?... (as Jim is placing red apple stickers on a world globe)... I'm putting on places where the iPhone is either selling like hotcakes, or about to be... places that are blowing down the doors with the iPhone or about to be... and remember, very little of the sales are actually in the numbers because of the silly byzantine accounting rules that, as I predicted last week on this very set... the very accounting rules changed this afternoon. Analysts will be raising numbers tomorrow off this accounting ledger (change)... and while Apple stock is up 104% this year - and hit a 52-week-high today - I still think it is 79 points below where I think it is headed.

Okay, you still need help... I understand. I feel your pain. Alright, here we go... Here's the dots of another icon that need connecting... (drawing in the dots outlining the picture of a hand)...

Palm (PALM)...

It just raised $325 million, after it reported it sold 800,000 Pre smartphones. I was thinking it would be big if they did 600,000. They did 200,000 more than I thought! And that's with the weakest carrier pushing Palm's products, Sprint...

Here's a stock up 144% this year... But, with this new money on hand, I think it could go higher...

One more icon... maybe you need another icon... do a little dot connecting... (outlining blackberries)...

Alright, this one sold by Research In Motion (RIMM)...

This reports tomorrow night. Now, I don't what it will say... but it is up 105% this year... Will it quit tomorrow night? Will it go down?... You'd better hope so, because you want to get in at a decent price...

And what do these dots, when connecting these charts... what do they show?...

I think it's a pattern... it's a pattern that no one else is talking about, and you are only hearing from me... It's a chart of the most powerful stock cycle since the late 90s... when we recognized that the internet would be the next big thing... but this market will not connect the dots! I have to do it for you!...

Connecting the dots seems to work... We connected them to Tellabs Inc. (TLAB) last week, to Tekelec (TKLC) last week... to ON Semiconductor Corp. (ONNN), to Cypress Semiconductor (CY), to Skyworks Solutions Inc. (SWKS), to Xilinx Inc. (XLNX), which pre-announced better-than-expected earnings this very morning...

Despite these huge wins, no one else is putting these together... no one else is connecting the dots. That's right... no one else is listening. This morning, I "Googled" the term, "mobile internet tsunami" to see if anyone's listening... 20 listings pop up. 18 are from me! And the others are mixtures of weather reports!

This country is not yet connecting the dots between the major, multi-year trend that everything's piecemeal... I heard people say that Mad Money moved T today... Please!... The tsunami move AT&T!... I heard someone say that Apple's "i" this or that initiative... maybe that's what's behind Apple... It's the Tsunami!... People accused me of hyping PALM, ahead of the deal, getting short covering going... Wrong! It's the Tsunami... People say that RIMM's up, ahead of the big squeeze... Repeat after me... It's the tsunami...

That's why, once again, we're going to connect the dots for you. On August 11th, I put together a mobile internet index... It was made up of 21 stocks, most levered to the game-changing trend... The whole index... it's up 15.5% since then! Versus 6.7% for the S&P 500... This index is the Secretariat... it's pulling away from the field...

The biggest winners?...

CIENA Corp. (CIEN), a telco equipment company that helps wireless networks support a run bigger bandwidth, in order to support the high-speed video and data services that make mobile internet possible. How many times did I tell you to buy that? It's up 43% since August 11th...

How about the SanDisk Corp. (SNDK)?... It makes compact Dram memory... it allows you to store all your songs and videos in a little smartphone... up 35%.

Skyworks Solutions Inc. (SWKS)... David Aldrich stood right here... It's up 24%... The power amplifiers that boost your smartphone signal...

Commscope Inc. (CTV)... No one likes it... up 22%... It makes better antennas for mobile towers... a great business as the carriers increase spending on wireless infrastructure...

And Palm (PALM), up 22%... of course, the smartphone maker we just talked about...

These are all plays on the mobile internet tsunami, and I believe they can all go much higher, and that's what you buy, into the selloff of the next couple of days...

The stock market's gotta have all these... They have all these stupid, half-baked, double and triple ETFs that are so dangerous... They have ETFs for every nonsensical... wind, water, sky... It's like Earth, Wind and Fire... We need an ETF for this massive Mad Money mobile internet... and we will keep connecting the dots on this show until I hear or see someone else, anywhere in this world, who talks about this trend, and understands the explanation, and why it's driving all these tech stocks. Only then will I perhaps even think about stopping...

This is the biggest trend since Al Gore invented the PC and the Internet. Yes, it is that big...

So let's connect the dots together, and remember that the revolution is what's driving these stocks. The revolution's being televised. It's early on. If this were the French Revolution, Marie Antoinette would still have her head. That's how early we are... Hey, if it were the American Revolution, the founding fathers would still be debating the Declaration of Independence and, indeed, if this were the Russian Revolution, then Lenin's thugs, right now, would still have not reached the winter palace... and my great, great uncle (Lenin) would be still waiting for the train at the Finland station...

Despite how much these stocks have moved, we are still early on in this trend, and I think it's going to last for years.

Here's the bottom line...

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The Bottom Line!:     I want you to eat Dots... I want you to connect dots...  and I want you to recognize... you don't need any armor, when you're buying Apple (AAPL) and Palm (PALM) and Research In Motion (RIMM)... because you'll make Mad Money!...

[verbatim recap]

[end of segment]

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