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Is a bear and they say they are actually expecting a pullback because they say for one reason this time of year is kind of slow for stocks, you're not going to see the volume push stocks that high. also the end of government funding. that's going to kick in at the end of the month, not to mention the big debt ceiling debate will be happening in a couple weeks as well. it may seem the market is numb to that now but many believe that could lead to a pullback. of course the one savior could be the fed. the fed continues pumping money into this market, pushing basically pushing investors to the be...

14,300. that would bring the gain, to 9, 9 1/2% just for this calendar year. in other words, martha, the market is ignoring president obama. the president has said, hey, it is armageddon with when we get the budget cuts. the dow plows through that and keeps going up. by the way, the nasdaq, that is where the technology stocks have their niche, the nasdaq is close to the level it was right after the dot-com bust, all the way back to november of the year 2000. that is where technology stocks have struggled back to. smile, martha, we'll to up again in 20 minutes. martha: you think 50, 60 points. ...

60 points up, 60 points up for the dow in 22 minutes time. martha: i'm curious, stuart, what happened to the individual investor? back in the early days of these big highs, 2000, 2001 and up through 2007 there were so many people across the country so heavily invested in the stock market. a lot of that changed after the big crash. >> yes. wall street went out of fax after the dot-com bust and then after the crash of '08 and '09. people just did not want to know from wall street. they were right out of it. so they stayed in bonds, went to gold, something like that. unfor the fatly -- unfortunat...

lead analysts at morgan stanley, the main underwriter for the facebook ipo, received privileged information about the company, information that they didn't share with retail investors. finra, the financial industry regulation authority, regulatory authority, the u.s. senate banking committee, and the commonwealth of massachusetts have all announced probes into the matter, and that was quickly followed by a lawsuit filed by some investors against facebook and its ceo, mark zuckerberg, alleging that both withheld material information from investors during the ipo process. now, specific...

Cautious about this it might know be the next google, it might be the next groupon, investor beware. >> jon: on the frenzy and hype meter judy, where are we? >> i think just about right. i think questions raised whether or not the stock is going to be worth what it's going for an and lot of gosh, even more concentration on the young man who started it all. i do think that fox and other networks have covered the saverin business and have covered thanks to the movie a lot of people who made facebook possible and we know a lot about the story thanks to the media. >> jon: jim, you're the most tech...