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Today's Top Videos: Pimco's Gross, Crude Oil & More...

CNBC.com
Monday, 27 Oct 2008 | 6:20 PM ET

A strategist claims that crude oil could trade as low as $20 a barrel, while another economist expects a "vicious and a violent upside" stock market rally. Following are today's top videos:

Pimco's Gross on the Markets
A look ahead of the Fed's meeting tomorrow and discussing the economy, with William Gross, PIMCO chief investment officer/founder

Pimco's Gross On the Markets

“Today’s the day when the CPFF kicks in, and in a week or two the money market funds kicks in. We’re talking about hundreds of billions dollars coming to the rescue to the markets in the form of liquidity. This is a big week—not just for the Fed meeting, but also for the beginning for all these programs.”

—Bill Gross, Chief Investment Officer & Founder, Pimco

Overseas Markets Sell Off
Increased fears of a global recession sparks sell-offs in Europe and Asia this morning, with David Nason, Treasury Dept. assistant secretary, financial institutions; Sen. Judd Gregg, R-NH and CNBC's Steve Liesman

Overseas Markets Sell Off

“I think it’s right that people are asking a lot of questions about how we’re going to deploy this but let’s think about it this way. First, we need to stabilize our financial institutions so they will be in a position to lend and second, stronger financial institutions are going to be in a better position to provide credit. So if we see acquisitions occurring, those stronger institutions will be better positioned to provide the result that we’re looking for with deployment with the assets.”

—David Nason, Assistant Secretary, Treasury Department

Currency & Crude
An update on the markets, the dollar and crude, with Peter Beutel, Cameron Hanover and Boris Schlossberg, GFT Forex

Crude Could Hit $20 a Barrel

“If you look at the last time dollar was at these levels, crude oil was between $55 and $60 dollars, and we have really raced to catch up with the dollar over the last week…We’re more oversold that we’ve been at any point in the 21st century, so at some point, we’re going to have a rally…”

—Peter Beutel, Cameron Hanover
Dow Could Find a Bottom at 7,500
The Dow could test a low of 7,500 points, says Daryl Guppy, CEO at Guppytraders.com. Guppy and Bill Smith, senior portfolio manager at SAM Advisors discuss when the U.S. markets will bottom, with CNBC's Martin Soong. Sean Callow, senior currency strategist at Westpac Bank also gives his take on the FX market.

Dow Could Find a Bottom at 7,500

“I think the last 1500 Dow points in particular, it’s been a vacuum of downside pressure and just downside selling–this is disconnected from reality—and I think that either we’ve already seen a bottom, or this week we’ll put in a bottom on a panic...And I expect in the next month or two months, we’re going to see a vicious and a violent upside rally.”

—Bill Smith, Senior Portfolio Manager, SAM Advisors

Stop Trading, Listen to Cramer!
Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.

Stop Trading, Listen to Cramer!

“I want a strong banking system and if this gets us there, and we sacrifice short term lending, let’s take it. We need to get the banking system out from under. I think that it is happening, I applaud what the Treasury is doing…”

—Jim Cramer, CNBC’s Mad Money

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