Cramer's 'Mad Money' Recap: Market Vacillation (Final)

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"What's wrong with this market," Jim Cramer asked the viewers of his "Mad Money" TV show Thursday.

It seems it can't make up its mind," he said. He attributed that indecision to investors wanting to have their cake, and eat it too.

Cramer said investors are reliving the fairy tale Goldilocks, looking for that perfect porridge that's not too hot, nor too cold. They want lower unemployment, but not too much, and stronger production, but in moderation.

Cramer said investors want things to be getting better, but not too fast so that the Federal Reserve and Treasury stop pumping money into the system.

The problem with Goldilocks, said Cramer, is that it's impossible to have it both ways. He said there is no perfect recovery or ideal mix of news and economic numbers to make every investor feel warm and fuzzy inside.

There is an answer however, said Cramer, and that's lower prices.

Cramer said lower prices make everyone feel better, and presently the market is still too pricey. HE said he likes Caterpillar (CAT Quote) at $24 a share, but not at $34 a share. He likes Nucor (NUE Quote) at $40, not at $47.

Cramer said things won't get better until they're cheaper. High prices, he said, just multiply the contradictions.