My mission is simple, to make you money.

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

There's always a home 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.

I'm going to my friends. I'm just trying to save you some money. My job is not just to entertain, but to explain.

So call me at 1007.4-3-C-tc. We meet me, Jim Kramer. Look, panic is not a strategy.

Now, make that point over and over again, because I don't want you to sell when maybe you should be standing packed or even doing some buying. And today was a day that proves my point. The day where the

averages opened down horribly, right? The ninth straight lower opening, only to rebound.

And the Dowell finished down 349 points. It has to be slipped 0.23%. But that's like actually

eeked out a gain of 0.10%. Now at this point, wouldn't it have felt great just to sell everything to

liberate yourself from your losses to pick up the pieces and go home? And it would have been

dead wrong. Dead wrong. Which is why counsels not to do it. Yet this morning, when faced with a

hideous opening, with most indices down almost 5%, it sure looked like we're going to have another black

money in our hands, didn't it? That's when we where stocks closed down more than 20%. Now, if you thought we're headed for

black money, then you would have happily sold down 4% near the open. But I didn't make that call.

Why not? But let me walk you through it. Full disclosure, there's no certainty we won't face the

same situation again, but you and I'll do it together. I'm certainly not calling a bottom here, not with this trade team's ill-advised strategies.

I mean, I don't even know if they know what they're doing.

The endless down openings also can't last.

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