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Transcripts For FBC Varney Company 20140403

Money. All this talk of bubbles and corrections. Look at the big board. The dow hit an alltime intraday high earlier. It was above 16,600, snapped a little down 12. The s p 500, that hit a new high, 18. 93 earlier, slipped a little, 18. 89 right now. But you have got to say stocks are doing well. There is a lot of naysayers out there pouring cold water on this rally. Some are warming of a crash like 1987. Look at this chart working its way around internet getting a lot of views and usa today, it is in there this morning comparing the current rally with 1987 right before the crash. Charles payne and sandra smith are here, our voices of reason. What do you say . Sandra be careful about making any decisions based solely on looking at this chart. I say that because what is happening in the markets now is different from what was happening in 1987 in the years that led up to the crash. We have an unprecedented level of involvement from the federal reserve, arguably prop it up stock prices wh ....

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