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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday September 24.

ETFs of Mass Destruction: United States Natural Gas Fund (UNG), Direxion Daily Financial Bull 3X Shares (FAS), PowerShares DB Crude Oil Double Short ETN (DTO)

Cramer threw 3 ETFs on the Sell Block permanently, with no chance for parole, for the crime of losing investors money. FAS and its bearish counterpart, FAZ are not for regular investors, but for day traders. Although they promise a triple gain, the funds reset on a daily basis, and investors lose gains if they aren't sold daily. Even with natural gas on the move, UNG has been stagnant. Cramer explains this is because UNG does not buy natural gas, but futures, which it must roll over every month and often loses gains. Finally DTO is supposed to track a group of futures, but the fund instead trades like a note. DTO involves a lot of regulatory risks, and Cramer would stay away.

Bed Bath and Beyond (BBY), General Mills (GIS), Paychex (PAYX), Research in Motion (RIMM), ARR Group (AIR), Kimberly Clark (KMB), Procter&Gamble (PG)

Last week, Cramer said if reports from Bed Bath and Beyond, General Mills and Paychex would be met with a resistance, it would be time to move into defensive stocks. Since this has happened, he told investors to prepare for a 3-5% decline, which he would use as an opportunity to buy good stocks at a discount. Weakness in Research in Motion means that mobile internet stocks are on sale and ARR Group's dip is a chance to add some aeropsace exposure. Two defensive stocks Cramer recommends are Kimberly Clark and Procter&Gamble; "We're staying defensive until proven otherwise."

Loose Ends: DuPont Fabros Technology (DFT), NVE Corp (NVEC), A123 Systems (AONE)

Cramer devoted a segment to discussing stocks that stumped him during the Lightning Round and following up a recommendation on an IPO. He says DuPont Fabros, which is a real estate investment trust that owns data centers, seems like a good company, but he needs clarity on its dividend before recommending it. NVE Corp which develops memory technologies is extremely speculative and is only for those with an appetite for risk. Cramer would go ahead and take gains from IPO A123 Systems, which has already risen from $13.50 to $20.

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Source: Cramer's Mad Money - ETFs of Mass Destruction (9/24/09)