The 'Mad Money' host said he has never seen anything like the recent surges by major tech stocks but doesn't think it is similar to the the tech bubble.
Expanding on a tweet in which he called the market moves "," Cramer said that big surges by major stocks were unlike anything he had ever seen but were substantially different than the tech bubble of the late 1990s.
"Insanity does not mean it's over. Insanity just means can we please just stop comparing it to 1999, because in 1999 a lot of really bad companies gained a lot of market cap. Here, a lot of unbelievably great companies are gaining market cap at a pace that you've got to give them a speeding ticket," Cramer said on "
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