Market Mavens

" Let's check with our oil market -- right now joining us -- got bills for a closer CoreStates advisers -- capital advisors. Joining us. And mark caller -- are the other end of financial strategies who is very spot away and he is so he. You don't think we're gonna get to 9000 by the end of the year -- what you're saying earmark."

" Actually we've revised -- downside target for all nine range from 3800 we do believe we're gonna go into the sevens however before the market recovers. If you look at the weekly a little weekly leading index we've got a glimmer of hope for the first time. Since April when cattle -- story that that that that that moves I mean the market always has a story it tells itself about the economy about fundamentals and again nobody interest rates about whatever it is. What's the market story that's going to drive is even lower here you think. Well unfortunately we're seeing as advisers people come into our office with restricted credit for watching lines is. Lines of credit for 200000 more just disappear. And credit card companies and fortunately are increasing their interest rates and a new breed of people and businesses all. There's there's no way around that you're gonna have that short term."

" You see you around -- bill rather racy way around it."

" Others there was a way out you know the the only bad news I've heard lately is sentence and it's going to be a little late because Sarah pill. Eight Rudolph."

" I think it is -- I don't know what he's going to come I promise you -- you -- what do you --"

" My goodness you're ready on target rich environment go after him -- something for the love of god doesn't matter what you gonna buy energy buy drugs you know do something to."

" Seriously at the beginning of each January that's typically when you get some new money coming into the market that tax selling is over -- you know all the pension funds and all the others. That have accumulated. Money start putting it to work again for the new year mark do you expect that to happen this time around."

" While were were just talked about redemptions yesterday. In the office watch these hedge funds if these redemptions start fought off a little bit. When they start marching to the buy side -- it's really going to be something so people look."

" On that bill do you listen you January barometer of sorts I would think that in January going to have any. -- outlook in terms of us feel good change new regime. He's going to bring a box car full of specials everybody does reveal lots of refunding means. And I think that Americans were on we will lead the way out of this -- the US will be first and I think that you'll be surprised by the middle of phone -- how the recovery was very. Classic. And the thumb suckers will be disappointed in the doctors of death and bloomers are remembering anything too -- Do you all remember 1982 doctor death -- Henry cough Henry how ugly she scares the daylights out of me now staring at her and I made mistakes I'm not let that happen."

" Again that he ignited a rally in August of 82 when he says he -- industry certainly come down but anyway yeah -- because -- well of course -- reductions -- have a lot of -- coming out of this market over the last year and there's a lot of sense that. Even if people get back in the market it's not going to be with decent amount of leverage they're going to be a lot of plays. They are going to work the way they worked in the past going forward what are your favorite plays and how to they work."

" That's a great question we're talking about right now. If you look at the financials as we get any recovery whatsoever. Look at the X sellouts and look at EWH. Which is the Hong Kong over and over in China. Those sectors that have been so hammered the ones that could actually double -- nine soles for your viewers in the traders that are watching us now. Those -- the two that we believe can take gossip the best Sonoma right. Well -- hope he gets a return on that 90% cash their market as you well Merry Christmas thanks for joining us today take a."