Jim Kramer here to share with you a sample of my take on the market from today's

CNBC Investing Club warning meeting.

The markets are trying to bounce back from a really ugly Friday, and I don't know

if it's going to take, and I'll tell you why I don't think it's going to take.

There is an on-lead developing and a belief that, frankly frankly stocks have moved too far and so you might

have a raytheon which hasn't moved that goes up drug stocks kind of go up but when you get when you

see things like palanterr a clow when you see like frankly all of the softers of server stocks

going down you say to yourself you you know, let me wait.

And that was the theme of my piece last night. Let's wait.

Yeah, you said you have doubt, but you know, what do you do?

You keep your cash and you wait and you wait for the market to get oversold.

Not nearly there was minus 1.42 on the oscillator after Friday.

Count on the oscillator. The oscillator is going to give you the signal that you are okay to buy.

Now, we do have stocks that are obviously just cascading.

One of them is Microsoft.

Microsoft went from being a narrative which says, hey, maybe they're saving money on data centers to maybe they should be spending on data centers to maybe the quantum computing

is a joke.

So you have a universe of this in a couple of days.

And what that tells me is Microsoft, as you know we've been a seller.

We have not been a buyer of Microsoft.

I have no desire yet to buy it back to you.

Not yet.

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