bob lang, the technician is the senior strategist as well as being my colleague at realmoney.com.ululemon , let's say it's a long time cramer fave. two months ago, the ceo, christine day, announced her resignation at exactly the wrong time. as a result the stock tumbled $14 in a single session. it was blinding. over the last month-and-a-half, it is climbing out of the pit and now bob lang thinks lulu's cart looks truly beautiful for the bulls. i'm inclined to listen. why? i'm inclined to listen because i have to say, the track record has been truly fantastic. three weeks ago, we knocked it out of the park with the regional banks, key and huntington banks. back in april, well, hey, told us to buy priceline $38 and trip adviser 66% gains respectively. does it get better than that? what exactly makes lang so bullish about lululemon? as lang points out, you see lululemon has been holding steady and actually has begun to move up following the big blasts lower when christine day dropped her resignation bomb two months ago. you can see, it was quite frankly, it took people's breaths away

that's why we're turning to the charts with the help of bob lange, a supersmart technician who is theounder and senior strategist at explosive options and my colleague at the street. when line looks at the technicals he's got one conclusion. forget ciriaco. forget the budget wrangling. netflix is going higher. he thinks it has the best chart in this entire stock market. if you want to understand a stock that has already rippled for the year can keep on rolling, we're going to explain how that is possible. first let me point out that lange has a real stellar track record when it comes to technology. back in february he looked at the charts and told us that tech lapse would have four new leaders which he named fang based on their names. facebook, amazon, netflix and google. 's fast-forward to today and those stocks are up an average of 28%. yep, lang nailed the tech, especially netflix and facebook. he nailed the casino stocks, in particular caesar's back in march. he nailed priceline when it was still under $700. a month ago he told us to by northrop grumman. pick up $5. better than a

good luck herbalife bob will talk with the austrian. connoisseur richard evil lang and just in minutes and i will dig into the fine print of foreign aid going to egypt later in the show. and here is what's in your interest. little ink and bandwidth has been spilled about the austrian economists such as friedrich hayek ludwig van mrs and marie roth bard so we've taken it upon ourselves to interview someone who knows two of them personally earlier i spoke with richard ebeling economics professor at northwood and i first asked him about well you guessed it quantitative easing and the future of bernanke the so-called exit. the problem is is that quantitative easing means nothing more than the federal reserve's intensive expansion of the money supply to just take a second to make sure we understand this is basically what the federal reserve was doing for the five years before the economic crisis that began in two thousand and eight for five years the try to reserve has increased several measurements of the money supply by over fifty percent they had pushed interest rates

rachel lang is a communications director for the recall bob filner effort. thanks for joining us today. right now, how many people are working on this effort and how many signatures do you have that 100,000 being the number? >> yeah. we have over 1,100 people signed up and -- to volunteer and circulating petitions all over the city. right now, all we know from what has been returned is we have well over 4,000 signatures, but we don't know because we have so many -- so many it's truly a grassroots effort so we have a lot of people out there circulating petitions and they are not back to us yet. >> if you only have 4,000 signatures i think what is needed is 2,600 per date to reach that date and you have to get there by september 26th. are you going to make it? >> absolutely. we are going to make it. we have 1,590 people willing and ready to sign this petition and know that based on the enthusiasm we saw on the first day. the challenge is getting the petition in front of them and getting the petitions back to headquarters. >> you heard what joe is telling us. t

lang's interpretation of the chart. this could be making all time highs. i had to come back and say, come on, bob, he said it's okay.tflix is a cold stock, while it's fine and sensible, if you do not find this one comfortable to own. you never, ever, ever bet against one of these names, that is a recipe for disaster. rose, rosemary in kentucky, rosemary? >> caller: hi, how are you? >> pretty good, how are you, rosemary. >> caller: fine thanks, i wanted to get your input and advice on priceline and yahoo. >> price line and who? >> yahoo, i had a debate and my friend said the jury is still out, and i say it's back and innocent. price line, will continue pile on higher. we like it. bob in new jersey? >> caller: hi, jim, booyah. >> buy i can't. >> caller: i bought some stock last week, i like the business mogds. but, then it's going down and now i'm hearing some rumors, what is your view on it? >> i'm getting nervous about pandora, because you have the apple lurking and others, i say no why pandora, it's had its day. kaching, ka-ching, sit back and enjoy the show that is the netflix chart. it could be hitting all time h

lang -- for: all right, thank you that suggestion. from the front of the metro section of the "washington post," more news on governor bob mcdonnell ofirginia -- host: this article is also in the "washington post" this morning -- next chapter host: and finally in the "wall street journal," d.c. law firm tightens its belt host: daniel, who is your nominee for the presidential medal of freedom? caller: good morning, sir. i think i could be looking at him on my television set. as well as your compadres gre libby, paul,san, rob, not toand mention the staff that spends -- that screens the called. host: you spend way too much time watching c-span, daniel. caller: i can help it. host: not that we are going to argue with you. caller: you don't cherry pick the truth. you help but the truth in context. can you imagine this program in china or russia? this is a great country we live in that enabled us to have a program like this. host: thank you for those kind words. we appreciate it. that was daniel and birds town, tennessee on our democrats line. a couple of tweets, let's finish this segment out -- in a perfect world, i would nominate bradley