Hey, I'm Kramer.

Welcome to mad money.

Welcome to Kramer.

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

My job is not just entertained, but to educate and teach.

So call me 1007474C, TBC, T.

All right, this market struggle with something real basic. It's just not doing a good job of valuing stocks, which is exactly what the market's

supposed to do.

In fact, it's valuing them wrong so often that I think it creates a ton of confusion.

And that's a real shame because this action is people getting fed up with the stock market again.

You can feel it, I know.

And just when we're seeing some very good gays from a host of sectors, people say, bye, bye, I can't take it.

That's what I'm moping about after a solid day with the Dow advanced 214 points.

That's to be gained 0.58.

But the NASDAQ climbed 0.8%. Once again, it was a solid reversal from

early morning trading. This is the pattern. Let's start at the very beginning of a typical day

in this market. I'm an early bird addicted to watching the tape ever since I first laid eyes on it

in 1981. It's a fast-standing thing to track because the tape contains an

unbelievable amount of information if you know how to interpret it. And I am a tape whisperer. The

early morning action is best place to start when you're talking about what the market's

failure to value stocks is all about. The early morning starts the way it almost always does.

This happened today. By 5 a.m., which has already been an hour later

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