I've got got one of the bells we're just getting started from here

at post nine at the New York Stock Exchange in just a little bit. I'll speak to the

analyst who sent Merck shares surging today on why he says it's a stellar

stock for your portfolio.

We begin though with our talk of the tape.

Jamie Diamond on the record on the markets, the economy,

and certainly your money.

And why he says stocks could have a lot more downside to go if things get a lot worse for the

economy if you need money go out and raise it he said let's bring in solace

alternative asset management's Dan Greenhouse for his reaction to that which we'll get to in two seconds but this

market in of itself a couple great days last week five percent in two days gave

like three or four percent of it back quickly and now we're trying to figure

out what we want to do.

What's your best guess on what we do want to do?

I mean the market clearly has no memory for one day or the next.

You know, everyone has discussed it and I'll just reiterate you're getting really conflicting data

some are getting worse some are holding up obviously the housing market's in trouble the

manufacturing sector is deteriorating the jobs numbers have been strong so you're getting

conflicting messages and

obviously sometimes when when that happens along comes earnings season

what's the conflicting message on the good side I mean what's conflicting with the

bat well the jobs market you have jobs claims jobs claims that remain at exceedingly low levels.

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