All right, Carl, thank you very much and welcome everybody to overtime.

I'm Scott Wachney, you just heard the bells.

We are just getting started from here at Post 9 at the New York Stock Exchange.

In just a little bit, I'll speak with top-ranked retail analyst Matthew Boss on the stock's most at

risk as inventories bloat and margins fall.

We begin though with our talk to the tape today's huge rally and a most unlikely believer

in an even bigger bounce.

Kander Fitzgerald's Eric Johnston, who's been among the most negative market watches around,

calling multiple times as recently as 10 days ago for an even steeper drop in stocks. Now an apparent

change of heart and he is here as you can see next to me on post nine to talk about this.

Welcome back.

Thanks for having me.

I saw this and I was like, what?

Because I want you to listen to you,

and I want our viewers to as well,

just 10 days ago September 22nd listen

You know our conviction at this level is as high as it was when we were a thousand points

Higher when we were embarrassed thousand points higher when we were

bearish at the beginning of the year, bearish at 4,300 and now at 3780. If you

asked me, based on this current information where the S&P would be, I would tell

you that we should be much lower. I'm very surprised that we have not

sole off as yet but I think it's coming if you wait six months I don't think you're

...