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There's always a more market somewhere, and I promise to help you find it.

Mad Money starts now.

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Kramer,

other people with my friends. I'm just trying to make a little bit of money.

My job is not just entertained, but to educate. So call me at 1-800-743-CBC, tweet me at Schum Kramer.

Sometimes you just have to hold your nose and buy. It's a tough thing. Often you get the time wrong.

Meaning you'll immediately lose money as your

stocks keep falling. But when the averages come down too far too fast, history says you need to be a buyer

because when the market gets oversold, it will inevitably bounce. You know what? I think that's what

happened today. The average spent most of the session down, down big before rebounding hard in the afternoon as the price of oil pulled back from its highs.

The Dow only finished down 204 points as to be declined at just 0.27%. Nasdaq shed 0.28%. What a comeback

based on a decline in the price of oil at the end of the day. But I think the oversold nature of the stock market had much more to do with it.

The session started out really bad because we got another big rally in the price of oil.

This spike, which was felt far more in Europe than the United States, happened because of a volley of attacks on oil fields,

first Israel bombing the giant South Pard's gas field,

Iran's biggest gas field, and then Iran hitting Qatar's biggest LNG facility, causing some serious

damage. Unlike the U.S., which is overflowing with natural gas, the rest of the world doesn't have

enough to go around. Cutter is the world's biggest exporter. So the price of that gas jumped globally, taking the world economy one step closer to

recession, even if it didn't impact our price.

We're now headed toward our fourth down week in a row.

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