Jim Kramer here to share a short preview of my take on the market from today's

members-only CNBC Investing Club morning meeting.

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That's one word, morning take. Now, I do wish that we were more

oversold or I would say let's go buy some Dover when it was down five. But the problem is, again,

we're stuck with that high base. I mean, don't want to get the basis higher. Yeah.

It's a little basis for doing. Yeah, it is interesting action.

Also, keep in mind, it's the last day of the trading week. Market is closed tomorrow. CBC will be doing some special coverage on the jobs. Good point. But we tend to see risk off moves into the weekend. I was looking back. the average move in the S&P 500 on the last day of the week since the war broke

out was a decline of 1.28%.

Which is very significant.

Yeah, the worst was last Friday's decline of 1.67.

We all remember that from our monthly meeting.

So it doesn't include what the market does today, but you know, there's just that general

attitude of some selling ahead of what might

come over the weekend.

Well, I think that, you know, this one did it fool us? Well, I think that I included, wanted

to believe that there was some discussion between Iran and us. It just doesn't seem like

there is. And I also wanted to see the end of Iran

being able to throw missiles and people. I mean, the idea that their Navy and their air forces

degraded, it doesn't matter. It has to do with the drones and the missiles. So when I saw that

Chevron stopped going down around one and the sell off became severe

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