It was published on a software (R language) news letter: http://cran.r-project.org/doc/Rnews/Rnews_2007-3.pdf page 34-36
This is the most interesting conclusion: "But we did find that you might make an interesting return if you went against Cramerâs recommendations â shorting his Buys the morning after his shows, while putting on offsetting S&P 500 positions."