>> all right, melissa, now to
mike santoli at the nyse
following the fallout from the
latest round of earnings
reports.
and mike, we are off the worst
levels of the day but is there a
feeling from the floor down
there that this is something
that we should maybe take a
little bit of a pause on before
we get all on tptimistic about t
>> i think it's a show me
market, you have to wait and
see, although i do think the
early morning plunge and the way
the market kind of absorbed that
early sell-off just checked off
a few of the boxes of what
people would like to see with
regard to a retest of those lows
from october 11.
you can every call an all clear
but i do think when you saw the
very weak opening you did break
the intraday lows from october
11th and it didn't really fall
apart from there, bounced.
and the volatility index made a
high near 25 and came back
all of this is fitting together.
that being said the reactions to
earnings are still pretty
hostile on balance and i do
think some...