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Once internet darling . Matt i should have said once internet darling. [laughter] julie lets take a look at the stocks, the s p and dow are down. This has been another lowvolume day. Below the 20 day average at this particular time. The sort of mixed picture you see, the sort of drift that you see, it is reflective of the market. We saw the nasdaq overall at one third of 1 . We are seeing large tech stocks outperforming. This is a rotation that is coming back a little bit over the last week. We have seen strengthening markets overall. Tech markets have been underperformers and stocks like face...

On the best week for stock since thanksgiving. Right now the dow, the s p and the nasdaq are hugging the flat line as you can see but three great days of course monday, tuesday, wednesday, begging the question, is the rally sustainable or is it a move that you should now fade . John whats your view. I dont know that you fade it simon but you certainly take some profits. I have been talking about that along with other panelists as far as selling call options. Im selling covered calls into this rally. Number one, premiums were higher than normal and they have come down dramatically. This time la...

Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies that deliver fantastic quarters but have the misfortune of reporting on a day when oil goes down. That could ...

You can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting some real resistance because there are so many strapped Oil Companies out there that need to dump crude on the market or sell futures to hedge and bring in cash. Its almost impossible to get over that 34, 35 hump. Thats why i urge you to understand the rhythm we have got going here in this market and recognize that occasionally well get selloffs in the stocks of companies...

To it. Thats why this market started so strong today and then petered out when oil reversed. Closing down 57 points. S p backsliding. 19 . Nasdaq. 18 . Oil was strong. This oil makes everything very difficult to figure out. Because if a Company Reports an amazing quarter on a day when oil goes down, the stock will get hit regardless. But if oil is flying buy, buy, buy you can bet that even a mediocre quarter will be rewarded with applause and a rally. Hallelujah now, i for one think that oil is going to stay lower longer. We ran up to that 34 level as we did earlier today. We start getting som...