Make 'Mad Money' the easy way from Jim Cramer

Jim Cramer, host of the popular 'Mad Money' TV show on CNBC, is an entertaining guy who has a great track record and lots of experience on the street. If you missed his blowup earlier this year, you can catch it on Youtube.

Cramer is a smart guy who can pick stocks with the best of them. However, his viewers can be like sheep and buy what he says to the next trading day. This creates an anomaly where 'buys' get short-term overbought and 'sells' get short-term oversold.

In the paper The Performance and Impact of Stock Picks Mentioned on 'Mad Money' , Bryan Lim and Joao Rosario study the behavior of these buys and sells. Take a look at the chart below and ask yourself, how could I make some money one or two days after the show airs? I bet you can come up with a market-crushing strategy. If you need help, check out CXO Advisory's article on this paper.