the s&p 400 on the dow transports those as an all time-high. s&p 500 five-year high. this is in the wake of so much fresh money coming in from the retail investor at the beginning of january. you might have thought privately with the rush. >> there is an awful lot of fresh money as people contribute to 401(k)s and contribution savings plans and so on and so forth. i wonder, simon, if you have a view on what this is reflecting is that the market thinks that -- not the fiscal cliff but the debt ceiling is resolved and we don't need to worry about it so much. >> obviously a lot of people making assumptions. they are resolving it. there are so many bad redri predictions. >> yeah. i'm going to be down at the epicenter of fiscal cliffs, debt ceiling raises and sequestering.

big words. beginning 11:00 a.m. for the second inauguration of barack obama. that is on martin luther king, jr. day. >> always great to be with us. that does it for this edition of "power lunch." "street signs" is up now. welcome to "street signs." the news from boeing just seems to keep getting worse. an entire fleet now grounded but could this be the perfect time to buy the stock? hp has been called a value trap. but could it be a trap with value? we'll dig in. plus, why do we all make such bad economic decisions? new research may have the answer and we have it and lance, thank girl friends and electric. how does that sound. >> with six gains in seven

seconds. this could be the highest close since 2007. here is another great stat. s&p at a high since 2007 as well. and the dow is on the verge of raising for the third straight year. let's go to the new york stock exchange, where, bob, we have our self a rally. >> i think the val vum on tvolun the rally. take a look at key metrics. not just the s&p but i've been emphasizing the fact that we've got overall here, five-year highs on the s&p 500. four highs on the mid cap index. historic highs on the russell 2000 transport historic high as we well. think of the s&p for the last, so far on the month, i think that's what you want to look at. very flat for the last few days but popping up today. i think we have things moving in to banks and housing stock. take a look at these dow jones

industrial average nap too, with a five-year high. what you have to do here is close above 13,610. i use it for closing, not in today. there is a five-year high. so far, just happened a short while ago. market led by bank and also as well, take a look at big banks, regional banks supporting today. a new high, pnc huntington also reporting. take a look at housing starts numbers. we have great numbers for housing starts. still heavily slated towards multifamily. high is how we start for several years and you can see the ultimate with the upside. guys, back to you. >> bob, market today, exemplifying "street signs" motto, right? everything's fine. hopium. >> thank you very much. >> unfortunately, not everything fine with boeing. the entire dream liner fleet has

been grounded. boeing is cooperating with investigators. phil, all of the attention seems to be around the battery issue. which i suppose, if you want to find a bright spot, this is not a structural or fuselage issue, is this a fixable issue? >> boeing believes it is, brian. we have been talking with people close to what is happening with boeing. they are telling me they are looking at the possibility after solution. a test to deal with all of the lithium ion batteries. so they can say, we can guarantee these batteries are functioning the way they should function, and if there a failure, it is something that won't lead it fire on a plane. the faa signing off on that kind of a solution, that's what they are looking at as they look at the batteries of the real reason of the problems the last couple of weeks. we talk about the problem with boeing, see how many dreamliners by what boeing calls customers,

technically 89% of them are airlines. there are a few individuals part of the group. that total of 57 customers ordering 798 dream liners, that still need to be filled, they have delivered 50 dream liners. the backlog extends through the end of the decade. if you want it order one, you're not getting it until 2019, 2020. boeing is not changing its production schedule or ramp up through the end of the year. earlier today we had a chance to talk with former continental ceo about whether they might consider canceling dreamliner orders, and he says, an chance. >> canceling orders is a big deal. because you do your preplanning years in advance. so this is way premature to talk about canceling orders of airplanes. it is an issue. it will be resolved. how quickly it is resolved has do with its success. >> as you take a look at shares

of boeing versus airbus, remember airbus reported delivery answers forwards last year and brian, last year, 2012, boeing steeped airbus in delivery and airbus, first time since late 90s and you can say they outperformed airbus to critical areas. >> we will bring you back into the conversation. let's bring you ken herbert. it is interesting, isn't it, considering the airlines are concerned about potential cancellation or compensation and the stock market moving higher today. do you think people have got to the stage where they feel this is not irrepable and it is a buying opportunity? >> i think they clearly are willing to give boeing the benefit of the doubt and look back the issues of the 787. i don't know that they are rushing in boeing right now, but clearly they are looking past it, assuming that it is something the company can address and that they will fix. relatively in short order. >> do you agree with what phil

was saying, okay, you might have ordered the dreamliner. you may not be particularly happy about the issues right now, but you are kind of stuck with it. you can't just walk over to airbus and order because there is a big backlog over there and you will be years behind on schedule. >> yeah, we certainly agree. the order book is very limited. the real risk of boeing is two fronts. they need to ensure they can deliver in near term the aircraft they expect to deliver. that's very important for the cash flow for the company. if you get a sense that airlines want to say, three months, six months, that's a risk. and second, for the supply chain standpoint, we need to ensure they can continue to ramp production like phil mentioned and get to the end of the year by 2013. the cost of shutting the supply chain down and turning it back on are very significant. >> here where the studio is in chicago, is there a sense of quiet panic or is there a sense the media has blown this out of

proportion? >> not panic. they also are looking at this and realizing that the very sayrity of theitiatiy situation. i don't believe they believe the media is blowing it out of proportion. do they think they should have been grounded? no. but now that we are, how quickly can we get the plane back up in the air. that's why they are working feverishly with the faa and saying, look, this is what we believe is the best solution possible. >> what do you think the finance will be for boeing. can they absorb it? this isn't just in the u.s. but in japan and india and elsewhere, right? >> yes. they can absorb it. this gets to my caution on the stock, is that the impact on the cash flow at this point is an unknown. airlines want compensation on issues like this, whether it be operating aircraft that can't fly or deliveries that are late into service. so the worst case scenario where

they need to recertify parts of the aircraft can lead it a significant delay and costs are very substantial. i don't think that is the best case scenario. i think boeing is, like you said, they are working feverishly behind the scenes. i have spoken to people in seattle. they aren't overly panicked. they feel they work a solution but there is no extensithey wil expense with the issue, obviously. they aren't flying 787, but they are making news today. they have a new logo, making american more modern, vibe ant and it only took minutes for on-line haters to come out. for example, at the tower, the logo is nice but bland, dull and frankly garish. first reaction, disappointing. ouch. >> looks like a paint accident. >> air france will be calling looking for their logo back.

>> all right. up next, why do smart people make really dumb decisions? well, a new paper may have the answer and we will have it for you up next. >> and liar, liar, pants on fire. a shortage of tricks coming up. and we will see how to spot a liar among us. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time?

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everything you think you know about making a decision is completely wrong. how is that are in an intro. we don't have a clue about why we do what we do and why we buy what we buy. the paper is dead. but luckily our friend at atlantic magazine just reported about it and maybe will understand. derek thompson, as well as our own, steve liesman, yeah. the magazine did a great job breaking down the comp. but the bottom line seems to be this. everything we thought we knew about why we do what we do is wrong. so why do we do what we do? >> the basic assumption of economics. people make choices rationally. but every science that looked at this question after economics says that is not the case. look at the very simple question of, do we like choices? well, you know, we have this thing where we go to a mall or shopping store, every decision we make gets physically

exhausting. by the time we make the final decision we are actually physically exhausted and making a final decision in the quality of first. it is why there are candy bars at the check-outline. because they know we will make dumb decisions at end of the shopping excursion. we tend to think that having lots of choices is better. democracy. why we love looking at an ice cream inside of a freezer. but at the same time, if there are too many choices, we tend to not make a decision. and there is a famous paper that says, if you're offered six flavors of jam or 24 flavors of jam, which would make you more likely to pick a flavor? it's six. we like having our choices constricted. >> i think we also like to be told what to do and what to choose sometimes as well. now to play the other side, do you disagree? >> i agree with one aspect of it, that economics is wrong with this issue. i think they are a little bit

behind the times. maybe ten years or 20 years, where the issue of behavioral economics and concept of economics has can come down in thought. what is really interesting is two of the people who are quoted in derek's paper, derek's article, were nobel prize winners. psychologists. but nobel prize winners in economics. let me finish my thought here, brian. the idea that behavioral economics and that the consumer or human being is not perfectly rational, is that at least even now with the content of the -- >> he doesn't always mean that humans are not rational. we know that, steve, right? two words that stuck out to me, hyper bolic discounting which goes to the stock market, what we talk about everyday here on cnbc, which is we tend to underestimate the benefits of something later because we want it now.

which leads us to make dumb decisions. >> right, right. you can actually answer the question, you know, why are we unlikely to live up to our new year's resolutions. why is congress unlikely to come to decisions with the same answer. which is this idea of hyper bolic discounting. we want smaller sooner rewards rather than larger later rewards. essentially, we are with a craft made on really big decisions and just take the gimme, gim maine, gimme in the short term. >> i think it is the extent in which the politics of policy incorporated some of the new economics. a law professor of university of kansas brought into the obama administration and he started implementing some of the behavioral economic incentives in government programs. i think run out of washington. but university of baylor.

austin ghoulsby, obama's economic adviser, he was more closely in line with helping people make their decisions. >> go i head, sorry. >> this is getting worse with time when you talk about the consumer and one for instant gratification. when you think about it, a lot of people say, i'm not going to wait on line because i can go on-line and shop in my comfort of my own home. it is getting worse and worse. and economics change with that. >> i think that's exactly right. i think there is this old sense that psychology is psychology and economic is economics and neurology is neurology. they wsht allowed it play with each other and learn from each other. economists are good at explaining about why we make decisions and how we choose. they don't just listen to classical economic series. they use psychology. they say, how are our biases

decisions make me rational and -- >> every watch irof cnbc has to ask themselves. which is when we record a news event, has the market perfectly priced in the value of that news event? has it overpriced it as the market been irrational or are has it been rational? there is guilt, which i know you know, the stockbroker and economist are walking along and there is a $20 bill on the floor. the stock market person said, what are you doing, you idiot. he said, i'm picking up the $20. the stock market person said, if it was real, someone would have picked it up already. it is something we have to do in our lives -- >> we have to go. eric, you're a young guy, let me ask you a question. is the stock market going to be

higher or lower 30 years from today? >> higher. that's not just necessarily because of the way i make decisions. but because of -- >> my point is that i think most people will agree with you. that in 30 years' time it'll be higher but people sell stocks when they fall, even if it is 30 years. >> every person needs to read the back -- >> fast and slow. >> about all of the decisions that we make. and derek -- >> have a great day. >> thank you. >> thank you. >> next up, the breaking details on a failed rescue attempt in the algeria hostage crisis. >> a spike in the four-month high. >> before we let you go, look at that. we are in rally mode. not just today, but this year, folks. dow down by 4% on the year. we are at our highest point on the s&p 500 since three financial crisis.

we have been in rally mode folks. remember the rally mode things. think about it. blowing our minds. we'll be back after this. oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice.

breaking details on the algeria hostage crisis. what do we know? >> it could turn out very badly. the body language mandy is government officials around the world with a hostage situation in algeria with seven americans could turn out very badly. sometimes last night or early this morning, they tried to take control of the national gas plant in a month. there is zero clarity or detail on what has happened since that military operation began. there are reports in the country of casualties but those are unconfirmed. just ten minutes ago, david cameron told reporters that we should be prepared for potentially a bad outcome.

>> a number of british citizens taken hostage, we know one who very sadly died. and we know this is a very difficult situation as algerian forces attacked and it is a fluid situation that is ongoing. it is very uncertain. so i don't want to say any more than that now. i think we should be prepared for the possibility of further bad news, very difficult news in this extremely difficult situation. >> cameron now postponing what was supposed to be a huge and potentially controversial speech he will make tomorrow about the membership of the european union. french president hollande is defending himself saying this justifies his decision to bring troops into mali. remember, the algeria terrorists said the french attack on mali is the reason for the attack.

if there is any more information, we will let you know. david cameron is the first to offer any clear details at this point. as you saw, he didn't have much. >> we were chatting during the ad break. >> that is a norwegian oil company and they say that three of their employees escaped and they are working on bringing home other employees but we have conflicting reports about how many people are still there. how many hostages there are in total. how many people have gotten out, et cetera. >> thank you very much. >> in the meantime, a four-month high. let's look at more on the oil markets. >> we are looking at prices right now of $111, rising about 1.60. it really underscores attacks on energy facilities means to the energy market. it is not so much the gas facility that it is producing crude oil and that will have an

immediate effect on the market. but it is geo-political premium and that what traders are watching here. it is not only that, but oil prices in the session. there is economic data on jobless claims, on housing starts and that's what many traders believe is taking oil prices above $6 a barrel to the four-month high. we are watching the preview of wpi has fallen dramatically in the last month. and that has happened with the restart of the pipeline expansion which is now at 400,000 barrels per day, up from 160,000 barrels per day. all of those factors are helping to lift oil prices right now. not just one factor, but many of them causing this rally. >> thank you very much. coming up next on the show, a very big victory lap. we have seen a lot of those recently. we will tone it done a little. and, bringing some housing

hopium. then there's this. >> can a 6'4"230 pound guy have a good time riding a motorcycle? oh, yeah. we will find out how much after the break. introducing the 2013 lexus ls. an entirely new pursuit. that's not much, you think. except it's 2% every year. go to e-trade and find out how much our advice and guidance costs. spoiler alert: it's low. it's guidance on your terms, not ours. e-trade. less for us. more for you.

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okay, street talk time. ebay is moving -- >> getting multiyear highs. holiday sales. beating wall street expectations. and for what else, the boom in mobile shoppers, no, not people being able to move about. people buying stuff on cell phones and tablets. 2014, analyst say stock will be up. >> in the meantime, called not just higher but sharply higher. >> a big move here. here's the news. they will convert their outdoor advertising division. into a read. also seeking a buyer for the european and asian part. you have an important company that says that is worth three months to share. >> this is also moving up about 9% today. >> and this is one of those multilevel marketing type companies. >> it is. >> and what we will talk to

right after this. and forecast result above analysts. and the anti-aging product division. >> and a marketing company, herbalife is down. herb announced his stock. >> i'm very pleased. >> there are fourth quarter result that are bet are than i expected. better than analyst. >> the stock is down and nuskin is up. people thought there would be an announcement for the stock buy back program and with herbalife, nuskin, all of them. they can do whatever they want, but what is the service about their models and what in the end regulators -- >> and they said they will have a jump in cost. expenses are going to go up at herbalife in part because of what they said are the recent event. >> what recent events? >> i don't know. lawyers. marketing to convince people. pr people. >> so expenses go up which means

margins go down. that's potentially temporary. >> we are coming out with their real result. what are we looking for in particular when they speak? >> we are looking, by then, if there is any more news about potentially anything they heard from regulators. we know the sec has an inquiry. >> okay. we want you to stick around for this one as well. the stocks are not really moving that much pip know it was down in london and has over the last 12 months, but here is the news and it is big. it is sacking its ceo tom albanese with no pay-out. why? the value of albanese is at the top of market. >> victory lap for you, my friend. >> we were talking about this

many months ago and goodwill layoffs. we have deals we are doing at the top of the market in 2007 which was clearly -- remember, that's what microsoft did with $2 billion worth of that. this is more of that. can you see, blame it on aluminum prices but it shows so many deals are often done when you have a smarter buyer -- >> why are they short? >> i can't believe the stock isn't down more. >> he is an aussie. >> here is a company we don't talk about a lot. we should, because its he had a great run the last couple years. >> take a look at this press release. with more gran granularity. >> they give you -- they give

you two-year and five-years. if you watch, see sales over two years. 18.8% in january. 16.6 percent in december. that basically shows you the industrial market -- >> it is an industrial market. >> but it is -- >> they make all of the pieces that put things together. ceo says -- >> the state of the economy of their customers, you don't want it lose sight of that. a year earlier and they show you three years back. just knocking the cover off the ball. so a great, i think, window into part of the economy. >> pretty much an indicator of the entire -- >> absolutely. >> in a good way or bad way, though? >> in a bad way. >> not in a good way. >> okay, we have to leave it there. herb, thank you so much. >> a lot of what you show -- i don't want to see. >> gentlemen. >> you may leave now.

before it gets nasty. anyway, housing hopium. the 2012 housing symposium. 1.8 million foreclosures in 2012. that's down from the year before. so has the foreclosure crisis peaked? has it peaked, daren? >> it has on a national basis. if you look that level, we're down 36% from the peak, which was in 2010 when we saw 2.9 million properties with foreclosure filings. however, if you start looking at the level, it is a different story. >> how severe is the problem still? >> well, it's severe in the state that takes longest to close. it includes florida, new york, new jersey, connecticut, illinois, ohio. and those are the states in 2012 where we saw some pretty substantial increases in foreclosure activity from 2011. and so those are the states that are struggling with foreclosure

crisis because of that long foreclosure process. >> do we have any idea at all nationwide how many homeowners are currently seriously under water on loans and in danger of forclosing? do we have that kind of data? >> yes. on top of the people in foreclosure, we have an even bigger pool of homeowners under water. that's 10.9 million nationwide. which is about 26%. >> that's a lot. >> the good news there is that 10.million is down from 12.5 million a year ago. that slowly is getting better but that 10.9 million is a huge pool of potential risk in the market. >> it is slowly getting better. how severe do you think the problem is in five years. how many of those 11 million under water homeowners will have positive equity in five years time? >> i think we will see probably at least half -- at least worth 5 million of the homeowners in five years time will have positive equity.

>> wait it out, right? have the patience or fortitude to make the payments. even though you are ticked off. >> that the thing. and if those homeowners decide they are fed up with that and decide to stop making the payments, that could present extra risk to the market. however, we haven't seen that yet. most of those, vast majority of those 11 million are continuing to make the payment. >> let's hope it is good light at the enof the tunnel. thank you very much. coming up, intel is ready to report the three things every investor must look for. >> some call it one of the worse deals ever. what our next guest says autonomy could be the next thing that hp has going. let's go. ♪ ♪ ♪

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hold on to your hats. closing bell at the top of the hour. how will it affect the economy? we will hear from the man managing your money. also, ebay tells us how the company is cashing in on the red-hot transit after the company turns in their best earnings report ever. and last but not least a rare and explosive interview with wells fargo chairman and

ceo telling us us about another mortgage decline. we will see you in the last hour of the trading day. mandy, see you then. >> indeed we will. looking like a tough quarter. john has three important numbers in this report. what are those three? >> with $13.6 mill billion, plus or minus a half billion. and so here are my three numberes. one, pc client group revenues. intel had 8.6 million in revenue. that group overall, expecting to be a little higher in q4 and that has to come from pcs or servers. pc sales are down 4.9% from last

year. if that's right, you got to hope servers deliver big for intel. two full year gross margin guidance, with capex spending and particularly important now because of how demand shifts in the pc market. his intel plans running below capacity. that could have an impact on margins over the other hand. intel pursues the idea for making chips for others. that could push things the other way, a good thing. this number is important because it keep the overall pc demand tread honest and that last number i'm referring to is -- what is my last number? it is inventories. intel said it expects customers to decrease inventory heading into the end of 2012 and intel itself would reduce inventory by half a billion dollars. and they will ramp up again in 2013 and if so, good for q1. guys, back to you. >> john, thank you very much, sir. all of the other big tech story out there is

hewlett-packard. getting offers for its you a top my unit. let's bring in vice president at idc. the tease that we had surprised even me. autonomy may be one of the best things that hp has going for it? tell us why. >> well, i think that the market got confused on autonomy. i talked to a lot of tech executives around the valley and again, he looked at our autonomy. nobody questions that the company has value, it is how much value does it have? the pc business is getting more and more and more pressure, becoming more commodityized. hewlett-packard is moving into a whole new segment. this is core to their strategy. they are thinking autonomy has almost no value. autonomy has significant value for customers. the question is, what is that value and how much it should have baseline. >> is it possible to even know

what kind of autonomy it has right now? it has the ongoing investigation and accounting inpropriety? >> begagain, if you look at it,r understanding is that it isn't as if the companies didn't have value and they didn't make a difference for customers. i think the collection that autonomy represent. just autonomy acquires them, how did they recognize revenue and how much of the ongoing forward revenue is recognized right away. but when you talk to customers, what you find is that if you have an unstructured data problem and problem around syntax and search, autonomy has useful technology and autonomy can help in the world where you have a mix of structured and unstructured data. >> quickly, carl. smart guy. seeing the value trap. is he wrong? >> look. you know, again, right now, hp could be. but long-term, there is value in this company. and they will continue to pay

down their debt with the significant cash flow while their main business generate an ongoing basis. probably long-term, but not necessarily. >> an attractive buy as well. thank you very much for joining us. you ever laughed at one of those guys on beach with the metal detector? laugh no more. look at this beauty, as we say down under, a geld nold nugget. i think it is more than a nugget. a rock. northwest of melbourne, my hometown. how much does it way? 5.5 kilograms for those in australia. who is the lucky person? an amateur with a metal detector. i laughed at those guys, now i want to get one. >> what is it the goggles or the shorts hiked up past the white pasty chest? >> neither of those. >> good for that person. >> good for them. next, we are breaking out

the lie detector, because the lies are a running a little rampant in the headlines, basically. we have a cia interrogator who will teach us how to spy the lies. then this -- >> motorcycles, all electric, fun and fast. eam... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it.

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first, lance armstrong. now today we have all woke up to the favorite bomb shell, he may have been duped in the biggest scam ever or in on the scheme or a hundred other possible things. so how are we to accept are rate fact from fiction? joining us, former cia officer and coauthor of book "spy the lie" and our own brian. so, someone else who was questionable, pete rose. >> pete rose was accused of betting on baseball. lance armstrong for performance enhancing drugs. he said no, no, no, no. 15 years later he admitted it.

and they still haven't reinstated him. his point was, come clean and come clean now. have a listen. >> i did it the hard way. don't do it like me. what i mean by that is, come clean as quickly as you possibly can. because one thing i know, if he comes clean, it will take a load off of his shoulders. once you do it, you say to yourself, why didn't i do that ten years ago or five years ago. because the important thing, as far as lance is concerned, is he is still in it. >> when you bring in lance is that you can't outrun or outlive the truth. whatever the truth is from inside, the sooner he does it, the better it is for him. >> let's bring in michael. i would like to know, you do your job and spot people who weren't telling the truth, how did you snow? >> it is still my job. just a quick crash course on this stuff. in lance's case, lance is very careful of guarding against,

what we call bullying against the synoptical. he is a assess his interviews very objectively. >> okay. just hold that thought for two seconds because we've got breaking news on the algerian hostage crisis situation. michelle, what are you hearing? >> here at the breaking news desk, hillary clinton secretary of state has spoken with reporters about the situation in algeria involving the hostages at the natural gas plant, as many as seven americans involved. she spoke at leapt and says she's spoken with the leadership of algeria multiple times today, hoping to get it resolved, and she said very specifically this incident will be resolved, we hope, a minimum loss of life, but when you deal with relentless terrorists life is not in any way precious to them. so once again another government official from around the world, we heard david cameron, uk prime minister earlier talking as well, suggesting that we should

face the possibility of the loss of life when it comes to the situation in algeria. we have reports out of the country that due to a military operation there, there have been casualties but no confirmation. we're still awaiting any more information that occurs. back to you. >> michelle, thanks very much. we'll await those developments. back to our discussion with michael floyd and brian schactman. michael, what's your take on the manti te'o story, and what advice would you offer the young man, because i think i'm not the only one out there who senses some holes in the story. >> yeah. i would agree. certainly i agree with what pete rose just said, sooner rather than later to control the public image, especially going into this year's nfl draft. i think the sooner he puts this behind him, assuming there's more to this, the better. >> so you think it's better to come clean even though it might be painful rather than dragging it out? i'm wondering whether people in high-stakes, highly paid positions do take higher risks in terms of trying to cover things up. >> i think that's true.

they certainly have more to lose. fortunately in the world that i work in, any time consequences are associated with behavior, it actually makes our assessment of deception that much easier. when people have so much to lose. >> i wonder, if you start to believe it, you know what i mean? if you tell the lie enough, you believe it, and it makes you an impossible because you're not then lying. >> with lance, a lot of people say i don't want to answer that, i don't want to answer that. when there's smoke there's fire. lance just said no. >> i've been a lance supporter. he didn't say no, he looked in the camera and said i would never do that. he questions reporters' intelling tid. >> berated them. >> sued people. >> and won. >> when the ego gets involved, you really have a good point, but there's also, where manti te'o comes in, maybe he was

deceived early on and once he knew about it he didn't know how to turn it around. >> things are going to escalate beyond your control. >> when there's so much money involved and so many people attached to it, they don't know what to do. >> in your experience, michael, do you feel people might tell some of the truth to make things better but rarely do they confess to the whole truth? >> yeah, that's correct. any time you're bringing a confession like oprah, it will come in little nuggets n.lance's case, actually his aggressive behavior was a huge indicator to us that there was more to us, probably significant information, as well as lance's attempt -- when he went beyond denial and went into convince mode. >> let me jump in. we're running out of time. mandy and i and brian interview people for a living, okay? i'm quite sure we have been lied to. give us one or two tips that we can use -- what do we look for to know, hey, you're not telling the truth, bud?

>> look to see if they go beyond the denial. the facts are the ally of the truthful person so deceptive people go beyond the denial and attempt to convince us that they are telling the truth. things like i would never do something like that. why would i risk my health to enter back into the sport of bicycling? so these -- these convincing statements make sense, are true, but they are designed to influence our perception of them. >> okay. well, thank you very much for those tips. thank you very much, brian schactman. by the way, you'll be on tonight on cnbc "sports biz." we'll have instant reaction to the lance admission. a quick look at what's happening with our real today. the dow, by the way, going for its sixth gain in seven sessions, up triple digits at this point and the dow is also on the verge of starting the year with three straight winning weeks. >> and also after the break, a little bit of fun, not that the

market rally isn't fun but that bike, the zero, it's all electric. can this grotesquely overweight cohost of "street signs" effectively ride that back? we're going to find out coming up. ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit.

and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him,

and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. okay. let's take a look at what we've got for the market. the dow is up around triple digits. if it closes at this level, it would be the highest since december 2007. same for the s&p which is currently at its highest since

december 2007. meantime, as for some of the leaders on the dow. you've got home depot and disney, intel and verizon, and the leader today on the s&p is a company which we just talked about, by the way, in "street talk," cbs. >> let's have some fun. zero motorcycles, all electric. it is meaty, and scott hardin is here with us. don't have a whole lot of time, scott. tooling around in this thing earlier in the parking lot. got to say. i'm not a small guy. gets down the road, but how are sales going and how are consumers reacting to an electric motorcycle? >> had a phenomenal year this year, best year ever. really taken off not only for consumers, security work, police work, campus security, things like that. really phenomenal. the bikes have been redesigned. all new styling, and our own internally designed motor this year. >> what would you do if you jump on this and go for a ride and you're not taking care of watching how many miles you've got and suddenly the battery dies. >> well, it's got all the systems on it to let you k i