My mission is simple, to make you money.

I'm here to level the playing field for all investors.

There's always a homework in summer,

and I promise to help you find it.

Man money starts now.

Hey, I'm Kramer.

Welcome to Mad Money.

Welcome to Cray America.

Other people want to make friends,

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

My job not just entertaining to educate, put days like today in context and you need that, so call me

1-8073C2.

We meet Jim Kramer.

Look, we have what I call toppy action. CBC, devastating than a burst bubble. One glance at the averages tells you that something

is wrong right now, Dow sinking 45 points, has to be plunging 1.02 percent.

NASDAQ plummeting 1.65 percent. Now we start off reading and then unlike much of the time since the market

began to rally in November we actually then finish even lower. It had been

the opposite pattern. Some stocks match to buck the trend of course, but most can. And that is classic copy action.

Bubbly action, the other hand, is when you go straight up and then straight down, with the only respite being wild short squeezes in the way down.

We saw bubbles in 2000 and in 2006 and 2007.

We saw a ton of topy action in the 90s and the 2010 to 2011 period.

Of course 2000 was all about the dot-com bubble collapsing.

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