Hey, I'm Kramer.

Welcome to bad money.

Welcome to Kramer.

Let me get friends.

I'm just trying to make you a little money.

My job is not just to entertain, but to put it in context, do some teaching her.

So call me 100, 7.7 for 3 CBC, tweet me at Jim Kramer.

The fourth year of the bull market begins,

just as the third ends with skepticism, with disbelief and contempt for the bulls.

Of course, that's been the hallmark of the entire run, hasn't it?

The conventional wisdom says that the true believers are either frauds or mountbunks or morons.

People who embarrass themselves every time they do some buying into the dips. Never mind that

buying the dips has made investors a lot of money over this run and so many others in the last 45

years. Now, if you bought my new book, How to Make Money in any market, you know that I think contempt is a two-way street. And the real losers in this market are the skeptics who keep missing these phenomenal moves. By the way, that includes today. Where the Dow gained 238 points, the estimate 0.53%. And that's that climb 0.5.2%. Why is that? Why does it mean that you miss something? Because, look, this morning,

the market at around 6 a.m., it seemed like it was going to be down 1% for the get-go,

because of worries about bad loans at banks.

But by the time we opened, we heard from a series of banks that were doing fine.

And we got a spectacular quarter from American Express.

That fueled still one more rally as the anticipated decline predicated on bad bank loans didn't surface.

Why do the bears keep being betrayed by the market?

I think it's because the pessimists and their buddies in the media tend to lose track of what they're investing in.

Not the SB 500, the index itself, but the

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