on brinn's point on short coverings, i would say those who have been most successful making the money in the last 12 months have been the platforms. they have big balance sheets so they might run $80 billion but $40 billion gross. so it's tricky because it's not are they done covering, it's are they done borrowing money from the big three or four. they could gross up going bigger forward. it can last painfully long that's the only pushback i give on brinn's point there >> just want to make everybody aware of what we're watching on the screen 662 the decline on the dow we could have the worst day of the year on the three averages john, wrapping up our conversation, you don't think that much of this year's rally was due to, a, just positioning, and, b, what mike wilson suggests, this false notion that a pivot was coming and that led to a big woosh higher and a lot of the most beaten-up names that were just ripe for a huge bounce, and you throw on a pivot on top of that, and that's why you've got some stocks up 60% to start the year >> a lot packed in there there were some bonus rallies.

sam brinn ton was responsible for nuclear fuel and radioactive waste at the department of energy.riton identifies as non-binary and gender fluid. >> laura: oh, does he? talk about holding the bar really high. you know he would still be there if they didn't have that security footage, by the way. for this administration, it's failure as far as the eye can see yet zero accountability, none. still no senior officials, no cabinet official fired. not alejandro, let 'em all in, mayorkas at dhs. not leave it to pete buttigieg at the department of transportation. not the queen of transitory inflation janet yellen at treasury. so the only logical conclusion at this point can be that america's decline is their agenda. now biden's balloon fiasco was a national embarrassment for the united states at every turn, and it reminds us that we really don't have military leaders who are looking out for us. even when generals austin and milley blew the afghanistan withdraw which led to the deaths of 13 service members, they still kept their jobs. >> the intel assessments had two basic things, in my vi

sam brinn ton was responsible for nuclear fuel and radioactive