arthur cashen joins us here on the floor. what do you make of the fact we have come off the lows, or does this action still worry you? >> the primary reason we're off the lows is crude is off the lows, they've followed crude around slavishly all day. we're going into the expiration close as you had and i speak, it is tilted to the buy side and that can change. viewers should be very careful, expiration dates are tricky and you could have what looks to be a billion dollars to buy disappear in a matter of minutes. >> if we hear big numbers like that, take it with that context. oil is tending to move up as soon as it settles lately keeping pressure off of stocks. that a temporary reprieve? what happens if come the next session renewed pressure and stocks go with it. >> i'm concerned we will see renewed pressure. we won't be able to turn this around until we get oil at least stabilized. we've got to get it at least stabilized. >> and that's not happening. relentless decline of another almost 5% in the wti contract today. does the

with all due deference, art cashen pointed out the day of the latest labor market release, only 3% ofobs in the household survey went to people of prime working age between 25 and 55 years of age, which spoke to me that most of the jobs created in december were of a part-time nature. that's really indicative of the type of recovery that we've seen these last few years. >> in other words, you're not buying this whole argument that the labor market is okay, the u.s. isn't in recession, and the federal reserve should wait. >> labor is the most lagging of indicators. i think the federal reserve knew that, especially coming from texas, where we saw the manufacturing sector weakening more as a factor of time. we saw a terrible number out of the dallas fed yesterday. it wasn't just indications that there might have been a one-month aberration in terms of a contracting manufacturing sector, but there were indication it was going to continue to worsen and it has. i think the fed has put themselves in a very tight spot because they have to find a bay to communicate, i think, beginning today tha

art cashen just pointing out that the imbalance is to the buying side to the tune of $600 million.e'll see if that has a further impact as we head toward the close. the dow down 263 points. >> by the way, that's off the lows of the session. we are down more than 330. but still, one of the weakest starts we've seen since 2008. >> what could happen to this skittish market once earnings season kicks off next week? oh boy. we'll talk about that next on "closing bell." a bathroom? a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden

i'm watching for art cashen to walk by here.ll see what the imbalance looks like. >> we went below 1,900 on the s&p. the selling pressure intensifies. so we'll keep an eye on that. up next, dom chu breaks down the biggest winners and losers amid the selloff. >> and later, why you may want to think twice before using the power ball lottery's quick pick. plus some stocks that could reap higher returns for your portfolio. >> i hope we can find a couple. >> and be sure to catch our cnbc special. jackpot. the richest lottery ever. we're counting down to that big drawing. we're going to break down the do's and don't's. tune in tonight, 7:00 p.m., right here on cnbc. you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized me