A big fallout shelter booyahh to all Cramerica. Now some of your may remember that earlier in the week Big Cram called for a general freak out, and well, I am proud of you Cramerica, you listened to the big dog and you freaked out big time. The Dow, S&P and NASDAQ were all down 25% in the last week. A big meltdown boooyaahh!

I went up to the fallout shelter, ate some spam, drank some water, recycled my own pee and watched like thirty episodes of Family Guy and Robot Chicken. Look into the Chicken, you will love it. But the Cramer freak out call was more effective then I imagined, and it has already become time for the reverse call: EVERYONE CHILL THE FUCK OUT!

What we need here is for everyone to be a bunch of Fonzies. And what was Fonzei? Fonzie was cool. Exactamundo, Fonzie was cool. So be cool and chill them bitches out! Big Cram is now calling the bottom, and it occurred this morning at 9:37 when the Dow dropped below 8,000. Lets remember our previous Dow DefCon levels:

Dow drops below 11,000 - Tighten your belts

10,000 - Freak out

9,000 - Come anywhere near my fallout shelter and I will shoot your punkass

8,000 - Jump back in the Hummer (gas is cheap now) and get back to NYC -- the shakeout is over

So to those still panicking out there, listen to Cramer and chill out. There was a run up to where the market should not be as money (levered money at that) flooded into Wall Street and that has now been erased. There are toxic assets and a credit freeze, but the government is on the case (unlike during the Great Depression where the central bank and fed did nothing for three years...three years!) and it will get solved soon.

It's over, chill out, get back to work and just be like Fonzi. Fonzi was cool. Fonzi also was banging every chick in the town, so be like The Fonz in every way you can!