. >> what about a clf? what about a name like that where so much of the conversation has been about iron ore. prices seemed to have bottled but clf hasn't reacted to that. seems like you have time. >> i would rather be in the natural gas space. we will probably talk about that. there has been a structural shift in the coal area. >> did you catch me rolling my eyes at the joke? by the way let's talk about alcoa because they are saying overcapacity is behind lower prices. they did say a slow down in china but alcoa came in just fine. they are standing by their estimates and their growth for aluminum demand saying it will double between 2010 and 2020. >> alcoa doesn't have a lot of credibility on the long term forecasting side. i don't think earnings season starts until jamie dimon starts it on friday. we will get through what alcoa does. i think the bigger issue is the same issue we had in october of 2007 which is you have the c confluence of growth slowing. they come home to roost when that company has to re

clfs mines the coal us to make steel.shares han trve beeding lower since febrry as steel and coal chine have dropped withse demand falling. dow chemical has been treg lower sinpril. today, sres popped 5.6%. the company also has raised worrs about slowing growth in chin other stks hity global growth worries reversed some recent losss. caterpillar was up 2.6%. united technologies rallied 1.9%. today, u-t-x announced it will sell its aerospace electric power systems business for $400 mlion to a french jet engine maker. health insurance company united healthcare did the equivalent of sneezing today, and shares fell. the stock was down 1.1%, making it the worst percentage perfornce in the dow jones industrial average. u-n-h is the dow's newest member, joining a month ago. earnings were stronger than ex, bupectedthe company warned its outlook for next year faces aconsiderablehallengeto meetnalysts' forecasts. meantime, johnson and johnson turned in stronger-than-expected earnings and slightly increased its year-end profit predi

why does the president say clf?ould rather go over th he has made it clear. solutely. you have a wrong. he said is willing to go over the fiscal ef to bring republicans to his view of taxes. >> whenhey decided to take the country t the brink of failure in order to meet politics. i'm sure what he is wilng to do with reelect ishave a balanced approach including a revenue increase and cuts across the board. gerri: the 3500 every family has to plug up, what is your assessment of posturing on both sides? >> we cannot go over the fiscal cliff. it is a disservice including all those who claim to be so coerned. t much will be done, of leu aispending cuts. meck 2013 to sort out the shortcu. >>ast night mitt romny has the sense ofhumor. >> i am finally relaxed to wear what i wear around house. [laughter] i haveseen ealy reports from tonight's dinner. headline, obama embraced by catholic mitt romney dies with th rich people. >> do you want to have a beer with them? >> it was amusing, he was loose and fenty. his hur had more edge more critical of obama. and he made good use of the

for not putting on their big boy pants and coming up with a solution before we get this close to the clf>> melissa, i don't disagree with you at all on that. but i believe in truth in advertising. i'm a former marketing exec. in 2008, we heard time and time again, millions of americans bought into the concept of home and change and much more so, a president that was actually going to change the culture of washington and was actually going to unite the country versus dividing. and this is a president that had uimited power, total control of congress for the first two years. decided not to be a uniter. and ramrodded obamacare, didn't focus on the economy at all, and, now, is complaining that he can't, quote, unquote, change washington? melissa: i mean it is definitely a h huge mess. what do you think is the solution? is there a compromise that can be had before he go? we had the clock up. look at bottom of your screen. we've got 74 days, six hours, 29 minutes, oh, no, now only 21 seconds until we go yi off the side of that cliff. is the a real solution? what do yo think are the odds that s

clf. >> troubling. >> cern. i think it's going to continue to go higher. >> karen. >> town sports.icker club. report earnings tonight. >> bk. >> that's a hard act to follow. apple talked about

clf moves up higher on an upgrade this morning.n the bad old days that would be down 5%, not up 5%. fourth, marathon pete, marathon petroleum. a refiner. you know we love the refiners. it was up $3.05. up 5%. this is an american oil glut story. they buy it cheap at the wellhead and sell it inexpensively at the pump. eli lilly. this stock has been advancing for some time on this discovery. no matter, it can still pack a punch, $2.55 to a new high of $2.75. you could have bought that up only 60 cents when we broke the story of the drug's success? it was midday in the suggestion. do you think it matters now? i mean get read, six pets smart. nothing to do with europe and china. seventh, autonation, 3% gain. total derivative of carmax, a standout. eighth, u.s. steel, jumping 2.5%. despite weakness in earnings. abercrombie and fitch, despite a downgrade to sell this morning. chipotle. all u.s. companies, all rallying despite spain and china. let's face some facts here. these gains are the result of a fantastic kick the can strategy. i kn