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Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Tuesday June 28.

Dollar Index Futures [DX-Y.NYB], Russell 2000 [^RUT]

Technical analyst at TheStreet.com, Alan Farley has two buy recommendations: the U.S. dollar [DX-Y.NYB] and the Russell 2000 [^RUT]. According to the charts, it looks like the dollar is bottoming, and while this in and of itself is not good for small cap stocks, the Russell 2000 will benefit, because the strong dollar tends to hurt larger companies with international exposure more than smaller companies.

Farley thinks the dollar is in a long-term bottoming process and will go higher in 2012. it has bounced off the floor and still has some way to go before it runs into resistance. The Russell 2000 has outperformed the S&P 500 the past few weeks, coming back from its head and shoulders pattern. On June 6, the Russell 2000 bottomed and has moved up sharply since, as short sellers were forced to abandon their short positions. Cramer agrees with Farley that both the dollar and the Russell 2000 are going higher.

CEO Interview: Aubrey McClendon, Chesapeake Energy (NYSE:CHK). Other stock mentioned: Exxon (NYSE:XOM)

Cramer has long been a fan of natural gas, but the industry has come under attack lately on allegations that natural gas companies are exaggerating the amount of reserves they hold. An article in The New York Times entitled "Insiders Sound an Alarm Amid Natural Gas Rush," alleges that the industry is involved in a kind of Ponzi scheme to manipulate prices. Cramer wondered why Exxon (XOM) could have been fooled into buying natural gas assets and why the French and Chinese governments could have been duped into investing in the fuel.

Aubrey McClendon believes the author of the article has an agenda and has been coached by environmental extremists. If there is an undersupply, why are natural gas prices at a 7 year low? Why would natural gas companies claim an oversupply when that would bring prices lower rather than higher? He also wondered why environmentalists are so against natural gas when the abandonment of the fuel would drive utility companies to coal instead, which is even worse for the environment. McClendon made the case that natural gas is a clean fuel that will reduce dependence on foreign imports and will create thousands of jobs.

"This reporter deserves a Pulitzer Prize," McClendon said. "A Pulitzer Prize for fiction."

Lululemon (NASDAQ:LULU), Netflix (NASDAQ:NFLX), Chipotle Mexican Grill (NYSE:CMG), Amazon (NASDAQ:AMZN), Fossil (NASDAQ:FOSL)

Shorting turbo-charged growth stocks Lululemon (LULU), Netflix (NFLX), Chipotle Mexican Grill (CMG), Amazon (AMZN), and Fossil (FOSL) is like jumping in front of an oncoming train, Cramer said. With the rest of the market growing slowly, the multiple expansion phase has begun, as investors will flee to stocks that are growing aggressively. Cramer says he dislikes phases like this because he doesn't like to be accused of being a momentum buyer or someone who "pays up for stocks in the belief that you are going to pass them off to someone dumber who is willing to pay more than you." Cramer says it is not a game or a trick buying stocks that have great fundamentals and long-term growth stories, and it is worth getting in ahead of Big Money, who will snatch up the stocks sooner or later. "I want to help you beat these managers at their own game."

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Source: Cramer's Mad Money - 2 Buys on the Rise of the Dollar (6/28/11)