bell is rung or five minutes after. it is not just about the margins but the degree to which the big i.t. spenders, corporations are back in the game. that is a build up of inventory. you have had a big rally on technology in anticipation of that coming. is it now here are the i.t. spenders back or not? that's it. "closing bell" continues. hi, everybody. it is 4:00 on wall street. do you know where your money is? welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. we are moments away from the earnings results from intel.

we get a quick snapshot from jim goldman. >> to say this is a quick snapshot of anticipationed numbers, that is an understatement. when intel reports at 4:15 eastern we will get a window into chip sales, pc sales, software sales. intel shares are up 40% year to date. this company is nearly priced for perfection. intel needs to perform big to justify the runup. 28 cents. $9 billion in revenue. we get the numbers 15 minutes from now. >> we will head back to you when the numbers come out. we will have full in-depth coverage once the numbers cross. how the stock is doing. meanwhile, we saw weakness in financial shares followed meredith whitney's neutral on the stock. the major bank down across the

board with the exception of citigroup. technology was the star on the upside. the nasdaq up just a fraction. a number of tech names did well. dow jones industrial average down because of financial weakness and health care under selling pressure. s&p 500 down three points, dow industrials down 13, nasdaq positive. bob is on the floor. >> looking tired. 1 billion shares trading. a little on the light side. we need energy. >> how about the commodities energy? oil at the highest level of 2009. >> the commodity stocks didn't move on this today. usually dollar down helps commodity stocks. that wasn't much of a big story. there is another big thing floating out there. the health care bill passed, the baucus bill in the senate finance committee. a little bit of drama as the senator from maine came out and

talked about her support for the bill. made it clear it is contingent on not increasing the overall cost. that could change with a reconciliation bill with the health care committee in the senate. the important thing we are seeing here. some of the financial names weak. you heard from maria, home building stocks weak. meredith whitney, last buy of goldman sachs took that away. remember, that stock has increasi increased 30% since it hit her price target. the home builders are moving on the upside on hopes they would extend the first-time home buyer tax credit. they have been doing well. they were one of the few notable market leaders here today. how about the ipo situation? it is important to note they haven't been doing anything for two weeks. one was poorly received.

blackstone has ten potential ipos. a lot of stocks and pressure on the street. they are price sensitive and not willing to pay big premiums. rna, the stock prices at 15, they can't get above $14. that is familiar to bank of sano of brazil. 13.50 that price. the story is simple. it hasn't been able to get over that since it priced. we have a lot of things coming. gold, trying to price their ipo, they are going to try to raise $500,000. there is a lot of stock. that is good news. the markets are holding up but the reception is not that great. >> we will see about that. the supply is increasing by the day. bob, thanks so much. breaking news. earnings on csx.

let's get to matt nesto. >> it is interesting because csx is the third largest railroad company coming in with 74 cents a share, three cents better than expected. down 23% from a year ago. the company pointing out that volume was down 15% on the quarter. a little bit of an improvement. the commentary, interesting from the ceo, michael ward, saying that the third quarter reinforces our view that the worst of the recession is likely behind us. at the same time our coal business, their most important business, will be impacted by weak demand into 2010. the stock, big picture, up 35% since they reported the last quarterly rules. it is an industrial stock. industrials have been strong as well. csx for the third quarter out with better than expected results on the bottom line.

the top line that met expectations. back to you. >> matt, thanks very much. we drill down on today's trading action, how to invest in this environment. james mof fet is with me. charld devaux. good to have you on the program. welcome. >> thank you. >> let's talk about earnings season and putting money back to work. do you want to be sticking your neck out and buying stocks at these levels. >> no. you should put your money to work in cash. nothing wrong with cash. you know, we have found a few things to buy-in the past two months among wireless phone companies around the world. we have taken profits on equities and high-yield bonds in particular. we have lighten on gold. >> you are taking some chips off the table after this one run snup.

>> we try not to lose money. so we feel the need to be very cautious after this huge runup. >> sure. james, how do you see it? >> we see it more optimistically. we are not trying to trade it. we are long-term investors. we think the trend is going our direction. the authorities have opened the monetary and fiscal spig got. the economy will catch up. we are basically fully invested and comfortable with that. >> where are you fully invested, james? tell me what sectors are going to drive this market in short and long term. >> we are overinvested particularly in technology. now in the international world that is relatively small weight compared to domestically. we have been adding to our weight in raw materials and we were way underweighted in finances and brought that closer

to neutral. >> charles, let me ask you the areas you think are topee. we had a downgrade of goldman sachs that set the tone for the entire financial services sector. are you getting out of financial services companies right now? where are you taking the most money off the table? >> over the past two months we have taken a lot of money off the table among cyclicals. we did not own much in the way of financials so there was not a lot of profits to be taken out. cyclical stocks in europe or japan and conversely we have been putting money into defensive names wireless phone companies and still like the food companies such as nestle and a french-based food catering company. we like a pharma company in japan. >> you did take money out of gold. i want to ask you what you think of the commodities play. what do you think, charles? >> most commodities have run up

too much. the one commodity we feel comfortable with is oil. $74. >> james, do you agree with that? >> we are equal weighted in oil. we have been adding to raw materials, steel and iron ore. >> gentlemen, this is what makes a market, doesn't it? thanks very much. we appreciate your time today. we are moments away from the important earnings news, the number from intel. don't go away. we will have full coverage of the report, analysis and investor reaction as we get you set up for tomorrow. a major step toward health care reform. the senate finance committee voted to pass its version of the health care bill. we look at the impact of today's crucial vote later on "closing bell."

intel smars closing up 1%

today. up to $20.60 a share ahead of earnings due out any moment. we get a preview. jim goldman is standing by. with me are matt nesto and michelle caruso-cabrera. nice to have you with us. how important will the guidance be in terms of what they are expecting from windows 7? is this the major catalyst for the entire sector for the next couple of months and perhaps the year? >> definitely. intel set the tone. the guidance will be key for the september corridor. the expectations are pretty high. street is at $9 billion. the guy daps will set the tone for the rest of the earning season. >> the nuts and bolts. matt and jim, let's talk about the nuts and bolts here. intel expected to oern each

share. what else do we have to be focused on? >> i will take this one, maria. profit margins are key. we saw a pop in margins when they went to about 51%. five points they moved up. we are expecting a similar move, 54%, 55%. if they provide guidance that indicates more margin expansion, the company utilizes more mmping capacity that would be seen as a bullish sign. >> i have this personal battle if you will in terms of when a company's ceo has to determine whether or not they are going to try to increase prices to raise sales or defend their margins. i don't always necessarily think a weak sales environment, a company that is supposed to see sales go down 12%. i don't necessarily think defending margins and trying to push those margins if you are

losing sales is necessarily the best indicator for a stock. we might be setting ourselves up for a failure. a lot of people have been talking up that number. >> that is the thing. the kppss, michelle, have been rising. the stock is up 39%. >> yeah. we have seen over and over again for intel and semi-conductors they start to moderate. they wait until they get the earnings report then we see a sharp rise. this happened several quarters in a row. is it going to happen again. the year over year numbers look bad, but quarter to quarter, we see mobility revenue, as they call it. the laptop numbers, up 30% compared to the previous quarter. we are starting to see that turn which comes from the result of the pc growth from windows 7 you mentioned. >> mobility, i was thinking blackberries and individual devices as opposed to laptops.

1 billion computers versus 4 billion mobile phones. >> that's true. the netbook is the big wave. they get smaller and smaller. there are more of these. >> let's get these numbers out, guys. >> they don't necessarily have higher isps. >> 33 cents a share versus 28 cents a share. jim goldman, it looks better than expected. we are waiting on revenue. >> 33 cents a share against 28 cent. earnings was at 31 cents. intel beats the whisper number on $9.4 billion in revenue, well above the $9.0 billion. earnings whip per at $9.2 billion. matt was talking about a company sacrificing margins at the expense of sales does not appear to be occurring here.

these are much better than expected sales numbers. that might be more important for the eps number as analysts and investors were hoping to see a nice pop in sales which would indicate broader strength in the markets intel serves. these are significant numbers. >> vijay, do you agree? >> yes. pretty good beat. solid 800-basis point improvement. the guidance is 9.7 to 10.6 billion. that puts internet as solid in the second half of last year. solid numbers here. >> maria -- >> what do you want to hear, vijay, from the conference call? >> take the sentiment from the consumer side. i think look to 2010 how is the confident price side coming back? what are we seeing on that side. we have a lot of second half

recovery fueled by the consumer. >> go ahead jim. >> gross margins substantially beating 54.6%. fbh was 5 to 56%. so indeed intel surpassing expectations there. let me look ahead to the fourth quarter here because this is kind of the good news story that keeps on giving. intel anticipating revenue of 10.1 billion. the revenue consensus was $9.5 billion, the whisper was $9.9 billion. the margin expectation for the fourth quarter was at 58%. intel now anticipating a growth margin in the fourth quarter of 62% plus or minus three points. this is a blockbuster report. >> vijay, would you put more money to work in the stock?

>> yes. you have the consumer side helping intel here. i think if you look at next year, intel should have multiple traction from the consumer, from corporate spending, enterprise spending return, server refresh. you have windows 7 and margins are the key to the story. very nice rebound. 800 basis point improvement is pretty good. >> it is interesting because michelle and matt, you've got a story here that is somewhat centered around the consumer. it is centered around business. the bell story is a consumer story at a time people are worried about the consumer slowing down. >> it is increase in the net bok phenomenon. one caution i heard is the rebound in the pc shipment cycle was so sharp and severe there wasn't sometimes enough capacity. maybe there was double ordering

going on. not necessarily what happened here but something to watch for. >> they are all stock stories. i will point out two things, the stock has been up eight consecutive days ahead of these earnings. we haven't had any move in the after hours yet. i'm not sure if the stock is halted or hasn't traded yet. the bid doesn't look to be incrementally jumping higher like in the second quarter. we had a 7% move the following day followed by seven consecutive seven days. the stock did most of its heavy lifting in the week or two of second quarter results. i don't know. why aren't we seeing it? maybe we could ask jim or our guest. >> vijay, what do you think? >> look at q-4, the guidance 10.1 billion. gross margin 62%. it is definitely where expectations are.

it will help the stock tomorrow. we will see a tick up. numbers are definitely what street was looking for and definitely gross margins have rebounded to 62% q forward from q3. >> vijay, what are you expecting out of windows 7? >> you have a nice buildup in front of that from the dell and hps and it is definitely something people will be watching. right through christmas and thanksgiving. as you look at next year, you have a couple of things going. pent up demand on the u.s. side. you have some of that starting to figure that into the mix. workstation spending starting to come back. corporation spending a little more. you have the server refresh going on. all those things should help intel. this is the tip of the iceberg.

going forward is execution for them. >> we'll leave it there. gentlemen, michelle, great to have you on the program. thanks, everybody. health care overhaul. the senate finance committee is passing its own version of health care reform. they passed the bill today. we will talk about that. why was today's vote so critical? what it could mean for millions of americans coming up.

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welcome back to "closing bell." i'm mary thompson at the breaking news desk. ken feinberg told the insurance giant not to pay retense bonuses for 2010. calls to feinberg have not been returned. aig continues to work with feinberg to revamp executive compensati compensation. feinberg is said to have told aig to cut the bonuses. reviews of the bonus contracts have found them nearly unbreakable. the executives at the financial products unit have repaid $19 million in this $45 million in

bonuses. the executives have until the end of the year to repay them and some might be deducted from the 2010 bonuses instead of writing aig a check. it remains to be seen if that will be an option for the executives. >> that is an unbelievable story, mary. the financial products business at aig only right now. mary thochson, thank you for that. the senate finance committee voting to pass its version of a health care bill. john harwood. >> maria, we have been talking about health care reform on the white house and capitol hill for months now but the most important moment occurred today moments before the senate finance committee when republican senator olympia snowe of maine declared she is onboard. >> people do have concerns about what we will do with reform but at the same time they want us to

continue working. and that is what my vote to report this bill out of committee here today represents, is to continue working the process. i do it with reservations. >> the signature gansz of olympia snowe's vote is not just that the bill will be sent to the senate floor, but for the first time in this process, president obama can claim as he did today at the white house, that he has bipartisan support. >> senator snowe has been extraordinarily diligent in working together so that we can reduce costs of health care, make sure people who don't have it are covered, make sure that people who do have insurance have more security and stability and over the long term saving families, businesses and our government money. >> a lot of work to meld two

senate bills and move the bill along in the house of representatives. it is clear the senate finance committee committee bill is going to be the engine driving this health care train. >> john, thanks so much. keep it tuned here now the health care bill is moving to the senate floor we are going to debate if it is the right one for the american people. it is coming up in a few moments. we have more breaking news. scott cohen in the wings. the supreme court agreeing to hear jeff skilling's argument he deserves a new trial for the role he played in the energy giant's collapse. scott. >> maria, it is a major hurdle that jeffrey skilling has cleared. for three years and before that he has maintained he did nothing fwlong the notorious collapse of enron in 2001. he was ceo from february 2001 until his abrupt resignation in

august of that year. enron collapsed in december. the supreme court will hear an appeal on a number of fronts from jeff skilling. he claims he was not depriving enron shareholders of his honest services. that is what he was convicted of. he says he was acting in the interest of the company at all times. more importantly as far as the supreme court is concerned, the legal standard for honest services fraud is inconsistent. it is different depending which circuit you are tried on. this will be one of three cases the justices will hear with honest services. he will get a trial. the jury was hopelessly prenl dis. the supreme court will look at the question of jury prejudice. as we talk about executives go on trial, the current financial crisis and the last wave of scandals in the early part of this decade, the whole issue of

fraud may seem clear cut but it is not. i spoke to skilling's lead attorney today. he is safe to say overjoyed. they have waited for this moment for years. jeff skilling in prison in colorado appeared to be in tears. >> scott cohen with the latest. next up, inside the insurance business with allstate ceo. a lot more to come on "closing bell." >> here is a look at some of today's winners and losers.

welcome back. insurance giant allstate and the national journal have concluded their poll on the economy. they asked average americans of who is to blame for the recession, whether they are hopeful, how are they adjusting their financial lives. sharing the new rules and

realities is allstate chairman and ceo thomas wilson. >> nice to be here. >> the poll was split. 48% pessimistic, 47% optimistic? >> it is split on how we fix it. what is very clear is everybody thinks it is going to be different. dwirds of the people think this recession when we get done totally different game. and they are going to act differently as a result. >> how different? >> eight out of ten people say they spend less money. seven of ten postpone a big purchase and half say spend less. >> that is interesting. that is a real important nugget. was this a surprise to you? >> we saw some of this in the -- we do this poll every quarter. we saw some of the same things in the second quarter. this is more pronounced this time. people are clearly settling in

and there is a new reality. they are thinking i'm in it by myself. >> what about you as far as managing your own business. you are coming out with earnings so you are in the quiet period in term of the business. big changes in terms of market performance? >> three things. our investment portfolio, $100 billion. we have been lightning up on real estate. way light on financial services in '07. that worked. we didn't manage to miss all the downturn. we are continuing to get light on real estate. we are investing in corporate credit. that is a good bet. we've been hedging off interest rates. we think interest rates are going to move up. we don't know when. >> do you worry about the federal reserve's exit strategy? people are afraid the fed is going to have to raise interest rates in a troubled economic

landscape. >> i think it is a difficult time to figure out when to raise them and when to not. we are in uncharted territory. the important thing is we keep pushing employment. that is a problem right now. >> as far as the general feeling about business right now, keeping away from numbers our your guidance, can you give us an overview how things changed today versus a year ago. >> it is one of the most interesting things in the poll. it is a trust deficit that is growing faster than the budget deficit. if you ask people do you trust business more or less. six out of ten say less. if you ask do you trust the government almost six out of ten say less. there is a huge gap in terms of people not believing in institutions so they are saying i have to do it myself. this resurgence of american individualism and i have to take care of myself because i don't trust institutions.

that is a huge problem. >> that is a big problem. how does that play out? >> lack of trust is companies try to earn their way back. it is simple. you have to treat people, you have to be honest, treat people with respect. people are not hearing that from companies, from their government officials. until we do that, we won't get the economy back on solid ground. >> what about financial reform? let me ask you about reforming insurance and regulatory environment. how would you like to see things play out as we all look toward treasury secretary geithner's reform to ocome? >> we are in this for three reasons, regulators and companies made mistakes and consumers did things they shouldn't have done. we should have different regulatory structure.

i think we should do more on the regulatory consolidation. there is not enough being done today. >> should the s.e.c. and cftc merge? >> i think a lot of those institutions could be put together. we need to do more on the consumer protection side. we are working on that. there is consumer education. in the poll eight out of ten people felt they should learn more about financial -- the financial world to protect themselves. we need to help them do that. >> you are right. unfortunately, no one teaches you this stuff as a young person. so all of a sudden you have all these issues you are facing and need to make decisions. >> there is a book by dan shipler. 37% people cannot calculate a 10% discount on their restaurant bill with their calculator. if that is the case, people cannot be expected to participate in the economy. we have to get them educated.

>> tom, good to have you on the program. we will take a short break and be back with more. we check the shares of intel. the earnings were better than expected. back in a moment.

welcome back. we want to show you what is happening in technology. intel stock is still halted on the better than expected earnings report. a whole host of tech names are trading higher. action money moving into technology in the extended hours on the heels of the intel report. the intel stock trade has yet to occur as shares are halted. we've got breaking news in the auto sector. phil lebeau has the latest news. >> the uaw reaching a new agreement with ford to modify their contract with ford so that ford is roughly in line with gm and chrysler. just a few minutes ago we caught up with uaw president ron gettlefinger about the new contract. here is what he had to say. >> we want ford to do well. we know it would make the

ratification more difficult. at the same time this is not a concessionary agreement. this agreement when you look at it has more positives for our membership than it has negatives. >> among the positives, the possibility of getting performance bonuses. the positives and the entire contract first on cnbc tomorrow morning on "squawk box." 7:30 ron gettlefinger is our guest. the democrats senate health care bill has been passed by the senate finance committee. it faces a vote where the democrats hold a 60-40 majority. is this bill the best option? mike okanaan and elise gould. it is nice to have you on the program.

>> thanks for having me. >> senator snowe voiced her support. how significant is that? >> it is significant because it gives a veneer of bipartisan. this is a very dangerous bill. it would not pass the committee if we had an honest account of the full bill's cost. senator baucus is hiding the fact this is not an $800 billion bill, it is a $2 trillion bill. he pushed most cost off of the federal budget and on to the private sector. >> do you agree with this, elise? >> no. absolutely not. this is a good bill to start from. >> where do you get this $2 trillion number? >> in 1993 and 1994 the clinton health plan's private sector mandates were counted in the federal budget as federal revenues and spending. that helped kill the bill. what senator baucus and other authors of legislation on the hill have carefully crafted the private sector mandates to avoid

cbo's account of what counts as private spending. that doesn't mean they are not a cost. in massachusetts private sector mandates where they make it compulsory, those account for 60% of the total cost of that health care overhaul according to the massachusetts taxpayers foundation. if the same ratio holds at the federal level we are not talking $829 billion bill, we are talking about a bill in excess of $2 trillion. >> elise you say you disagree. why is this bill so important? >> the employer cost for many businesses especially small employers we will see gains. gains for individuals who can purchase through exchanges. they will not be discriminated against for preexisting conditions. there are a lot of positive elements to this bill. small businesses are going to be

able to purchase through an exchange that no longer discriminates against them because they have a small pool or one sick worker. premiums will significantly drop for individuals in the nongroup market and small businesses. >> how do you know that premiums will drop and this is going to be less expensive? where do you arrive at that? >> the cbo estimates that premiums in the non-group market will fall. >> i just want to interrupt you both and tell our viewers, intel is soaring on the extended hours. it has resumed trading on the heels of the report that we brought you earlier on earnings. it is taking a number of tech names up with it. up 7% as you can see in this intraday chart. it closed $20.50 a share. it is up to $21.65. do you think this health care bill has a chance of passing in

the senate. michael? >> it is unclear. because the democrats in order to do what they want to do, cover as many americans as possible, they can't come up with the money to do that without taxing democrats. when they try to reduce the tax burden the industry starting complaining they are not going to get their subsidies. what they are ultimately trying to do with this legislation is promise that everyone will get all the health care they need and no one will get hurt. this legislation robs peter to pay paul. the more people look at this legislation the more they realize wait, i'm not paul. i'm peter. i'm not going have lower premiums. i'm going to have higher premiums and higher taxes. >> we'll leave it there. michael, elise, thanks for being on the program. >> let me get to jim goldman. the intel story is happening as we speak. >> you just mentioned this stock

is moving more than $1 a share on these numbers. it is significant. the company taking the unusual step of issuing a supplemental press release with comments from the cfo stacy smith. he is seeing strong consumer demand but weakness among enterprise customers. that is significant. intel says because of the back to school shopping season the company is enjoying better visibility into its fourth quarter and that is part of the reason why the company is able to give the optimistic outlook today. reiterating the numbers, intel reports $9.4 billion in revenue. soundly beating $9.04 billion on 33 cents a share. the company's guidance of over $10 billion of revenue, soundly beating wall street estimates and the profit margin for the fourth quarter of 62% blows past

wall street estimates. that is very significant because we know intel is a profit margin story. the company seeing renewed strength in china. a significant part. the company will meet with wall street analysts and we will hear on cnbc first from stacy smith at 5:15 eastern. moments away on "fast money." i have part of my interview with him then. >> the most important areas of this report in addition to the b.e.a.t., the better than expected revenues. is guidance? >> there is no question guidance is key. we are seeing strength in the top line. so many tech companies have seen tech on the bottom line. what intel is showing today there is not just strength on the bottom line but more importantly strength on the top line. it is a very strong indicator

consumers are slapping down money once again on high-end computers. i say high end because intel sees improvement in sales and a dramatic improvement in margins. that is good news not just for intel but dell and hp and microsoft and apple and google. this is truly a significantly rising tide that is going to float a lot of boats in trading tomorrow. more on the ripple effects on those positive earnings numbers. can you have too much of a good thing? wine makers think so. stay with us on "closing bell." business is changing all the time.

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welcome back. it is october. vineyards everywhere are getting ready for the fall harvest. jane wells is on the west coast right now telling us what has the winemakers tasting sour grapes this year. hi, jane. >> hi, maria. i'm in los o'liveos in santa barbara county, where they've still got about 25% of the grapes left to harvest in this area and if they don't get the grapes off the vines in the next couple of days there could be mold issues with this rain, this storm that's coming through

right here, and that would be more bad news for an industry that is already working through a wine glut that has collapsed prices, which is great for you the consumer. and while some places like richard sanford's almarosa vineyard is still ahead of last year's sales, a lot of people aren't so lucky. >> a lot of people have found that there isn't capital available. >> has the last year been tough? >> i don't think there are new operations starting out these days. i would be suspicious if there were. as i said, our banker has said publicly that there are more wineries for sale now than there ever have been. >> now, looking at wine stocks and related stocks, deutsche bank has a hold on constellation brands saying third quarter trends will be weaker. citi has a sell on foster's group, though it believes the worst of the global glut may be behind us. and here in sideways country, even as prices remain under pressure, more of the famous pinot noir grapes are going to

come on line. >> has pinot peaked? >> i would say in a way it has peaked. we still have a lot of non-bearing vineyards that this year, or this coming year, 2010 and 11 will peak, and that's when we'll see, can the wine industry consume it? >> now, while some people can still command top dollar for their grapes, the "wine spectator" says that the average napa valley cabernet sauvignon grape this year is being sold for $2,000 a ton, down from over $4,000 last year. and also, maria, there's something called the live-ex fine wine index in london, where wine buyers and sellers actually trade real wine based on its future value. that index is up 12% year to date. up but not as well as the broader market. back to you. >> all right, jane, thanks very much. jane wells. we get -- right now you set up for the next hour. head over to the nasdaq marketsite. melissa lee is there with a preview of what's coming up on "fast money." >> at the top of the hour we'll be checking in on intel after hours and all the other stocks

that are feeling the intel impact. we'll also dissect the numbers, tell you how to trade intel as well as the entire chip sector. we've got exclusive sound, by the way, from the intel cfo stacy smith when jim goldman joins us. also brad henz, former lehman cfo and top brokerage analyst, takes on meredith whitney's call on goldman sachs. in a "first on cnbc" interview domino's pizza ceo on his company's revenue miss for the third quarter. maria, back to you. >> all right, melissa, we'll see you in about five minutes. just ahead, bernie madoff's fighting back, and not in the way you might be thinking. you're watching cnbc, first in business worldwide.

here's what to watch for tomorrow. >> i'm mary thompson. this is what i'll be watching for on wednesday. jpmorgan reports third quarter results in earnings of 49 cents a share are expected. but analysts are also focusing on the loss rates within the bank's credit card portfolio and what its reserve bills will be during the quarter. >> rick santelli on the floor of the cme group. tune in tomorrow 8:30 eastern for september retail sales. look for ex autos to be the weak metric here as a post-cash for clunkers drop in unit sales may take its toll. tune in tomorrow 8:30 eastern. >> i'm hampton pearson in washington. tomorrow i'll be watching and reading theut