Cramer Picks - the Pumps and Pullbacks

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Jim Cramer's "Mad Money"
During Thursday's "Mad Money" show, Cramer talked about the "Russell Rebalance", one of the best trades of the year. The Russell 2000 index of stocks needs to be rebalanced every year, after companies are bought, or fail to meet index requirements. Russell does it all on one day, and this year it is June 22, 2007. The Adds/Deletes are based on stock prices as of today's close [Thursday, May 31, 2007]. Cramer: Hence, there are some great trades here, based on the stocks that are added to the index. Cramer likes: Coleman Cable (CCIX), FC Stone (FCSX), and Great Lakes Dredge & Dock (GLDD). Caution: These are all small cap names. Do not buy these stocks after hours: buy them days, with limit orders. In the Lightning Round, Cramer %, so Sell CHTR and take most or all profits off the table.