As stocks surged on Monday, CNBC's Jim Cramer knew he had to explain what triggered the recovery after the prior week's big declines.
"How does a market go from dismal and dejected on Friday to beyond exuberant on Monday?" the "Mad Money" host said.
"Washington has set its fangs into Facebook ... and the stock took a big dive when something that was reported already, an FTC investigation, was reported again," he said. "Hey, is that not the classic oversold thing, when we already know something's happening and it still goes down … when it's reported again?"