Search Jim Cramer's "Mad Money" trading recommendations using our exclusive "Mad Money" Stock Screener. NEW YORK (TheStreet) -- Today's relief rallyain the markets is a good start, Jim Cramer said Tuesday onaMad Money, but for the rally to continue there are a bunch of things that have to go the bulls' way. Cramer explained that the markets have been pushed lower buy the pending Alibabaainitial public offering, which forced big money managers to liquidate some of their holdings to make room for this fast-growing Chinese Internet play. But now that fund managers are ready for action, the markets can rebound -- but only if a few other things go right. Cramer said that the markets first need to hear from the Federal Reserve. The market needs to hearalanguage that the central bankers are flexible, basing their interest rate decisions on data and not on a rigid timeline. If the markets know the Fed has their back, the rally can continue. Read More: 10 Stocks Carl Icahn Loves in 2014 The markets also need the Alibaba IPO to go off without a hitch. Cramer said if shares see more than a modest rally the fearmongers will be out in force, likening the deal to the dot-com bust of 2001. Next, the markets need to see the European Central Bank's bond buying program to stabilize the euro and stop the U.S. dollar's strengthening. The markets could also benefit from oil prices stabilizing, Cramer said. Finally, the markets need companies to keep doing what they've been doing, which is rewarding shareholders with acquisitions, breakups, dividends and buybacks. Read More: Why the Fed Should Hold Off Signaling Higher Rates for Now If just some of these can happen, the rally will continue, Cramer concluded. If not, then we could be in for a rocky ride. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. To sign up for Jim Cramer's free Booyah! newsletter with all of his latest articles and videos please click here. -- Written by Scott Rutt in Washington, D.C. To email Scott about this article, click here: Scott Rutt Follow Scott on Twitter @ScottRutt or get updates on Facebook, ScottRuttDC
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