Cramer Sees Apple (AAPL) Going Straight to $200... Ut Oh...

Appearing on CNBC's Stop Trading! this afternoon, Jim Cramer seemed especially bullish amid today's 150 point gain on the Dow. Leaving any trace of conservatism at the door, Cramer proceeded to get extremely bullish on numerous stocks, including shares of Apple (Nasdaq: AAPL), something that, as we have come to learn, may not be such a good thing for the stock.

But jeez, let's hear what the man has to say at least...

Cramer, saying he wasn't "even being irresponsible" with the call, nonchalantly slapped a $200 price target on Apple shares, saying it definitely has more room to run. With Apple's stock trading up (shares saw a slight bump on Cramer's bullish call) nearly 3% to $164.40 today, the pundit's price target represents possible upside of about 22% from current levels.

Now, lets add a little perspective here. At StreetInsider.com, we are generally market bulls and would certainly rather see prices going higher rather than lower. But on the other hand -- while it pains me to have to bring it up -- we can all remember what happened last time Cramer was this pollyannish: think back to Bear Stearns, the numerous housing bottom calls or even his frequent claims for a tech-rally last year. We can only hope that he proves us wrong...