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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Thursday 7 October.

10 Positives in the Market: Cisco (NASDAQ:CSCO), Intel (NASDAQ:INTC), Oracle (NYSE:ORCL), IBM (NYSE:IBM)

Even as the Dow declined 19 points and the S&P 500 dipped slightly, there is still reason to be optimistic. Cramer outlined ten positive signs that things might be improving.

1. The euro is higher against the dollar. European debt is now off the table and fears of a high dollar are not abating.

2. Back-to-school sales beat estimates.

3. Unemployment is "on a gentle slope downward."

4. The commercial property market is showing an "unexpected firmness."

5. Copper, oil and the Baltic Dry Index are at high levels.

6. Auto sales have been strong.

7. Mortgage applications have been up 9% this week.

8. Obama has a better relationship with the business world.

9. Big-Cap tech, like Cisco (CSCO), Intel (INTC), Oracle (ORCL), IBM (IBM) are showing unexpected strength.

10. The S&P 500 chart is in a reverse head and shoulders pattern, signaling a bottom.

Equinix (NASDAQ:EQIX), Salesforce.com (NYSE:CRM), VMware (NYSE:VMW), IBM (IBM)

Equinix declined 32% when it cut revenue guidance, and took Salesforce.com (CRM) and VMware (VMW) down with it. Cramer has been bearish on Equinix for some time, since its business model is becoming outdated. The company operates warehouses of servers to support both public Internet and other private networks. However, Intel (INTC) is creating space-saving servers. Cloud computing and virtualization software is making Equinix a less relevant stock, and Cramer urged investors to get out of the stock. He would buy Salesforce and VMware, which got unfairly punished by Equinix's decline. Another tech stock Cramer likes is IBM, which he predicts will rise 51% to $210. IBM is expected to have 12-15% growth in the next five years. With the stock trading at a multiple of 12, Cramer thinks IBM is cheap.

CEO Interview: Farooq Kathwari, Ethan Allen (NYSE:ETH)

Although Cramer thinks there will be a housing shortage in 2012, he is not recommending homebuilders quite yet. Instead, he prefers indirect plays on housing like Ethan Allen (ETH) which was upgraded from "sell" to "neutral" by Goldman Sachs, and Cramer thinks there is plenty of room for other upgrades.

Kathwari said good economic news has prompted more buying of luxury goods. Since the company is 80 years old, Kathwari says ETH is focused more on its long-term story than short-term earnings results. The company is able to increase hiring and is finding new ways to use technology to its advantage.

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Source: Cramer's Mad Money - 10 Reasons to Be Bullish (10/7/10)