Mr. New York, Mark Simone on W.O.R.

Well, we got a lot to get to this hour. We'll get to China. We'll get to the college scandal. We'll get to Rupert Murdoch. We'll get to Howard Stern.

Bill O'Reilly will join us a little later this hour. China negotiations. The stock market looks good.

Up. Now, that little sell-off, as we told you yesterday, nothing to worry about it. The stock market looks good, up.

Now, that little selloff, as we told you yesterday, nothing to worry about when you have a market that just keeps going up and up year after year.

Just nonstop growth in a stock market.

You need those pullbacks.

You don't want a straight line going up.

There's nothing unhealthier for a stock market

every so often you want to pull back a buying opportunity or a breather that little kind of stair step

look of the chart that's what you want it's not taking a step down it's like falling down the stairs

yesterday no it wasn't it's like a zillionth of a zillionth of a zillionth of a zillionth of a

percent you know in the old days if you dropped 500 people are still living in the past No, it wasn't. It's like a zillionth of a zillionth of a zillionth of a percent.

You know, in the old days, if you dropped 500, people are still living in the past.

When the stock market was 6,000 or 8,000, if you dropped 500 points, that was unbelievable.

When it's at 25,000, 500 points is like what 50 points used to be.

Okay. Well, it was about 2 and 3rd percent. Two and a third percent. Nothing to panic. In fact, most guys want a 10 percent correction

before they jump in and buy. But 2 percent, every so often, is a very, very good thing.

The China negotiations, it looks like it'll take longer than expected. You have to remember

something. If you just dropped it and just left the current system in place, nothing would be worse for the economy or the stock market. The old system, because of Bush,

Clinton, Obama, all the swamp politicians, the old system was ridiculous. China tariffs everything

we got. We don't tariff anything. Anybody wants to do business in China.

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