why is gary b saying this chart is good news for all of us? gary b?enda, i think it showed a little insanity, if, close as you're going to get to insanity with the facebook ipo. it opened at $38. i thought there was a possibility it could end up in the 90 range, i mean, that's how, you know, much people wanted to own the stock at least the retail investor. thank god, it ended the day just above the $38 range. i think that showed, people are kind of waiting to see where it settles down, i think that's smart, good. anti-bubble, which is we want at this point. >> brenda: scott, you're not so clear that it's such a good thing that everybody's not partying like it's 1999, huh? >> no, it's not, brenda. i kind of was until the stock didn't go anywhere, you mentioned it, everybody was into this stock, brenda and nobody made any money on it other than wall street. this was main street's chance to get in on something hot and i disagree with gary completely. i wish it ran up into the 80's, what would have happened, chances are the individual investors, my client

your adventure starts here. >> predictions, gary b.>> we talked about 2 billion dollars in trading losses, just trading losses for jpf is a buying student that's going to be shrugged off. the stock is up. >> brenda: john, bull or bear. >> big giant bear. >> brenda: toby predictions. >> they credited the mortgage kickback thing, one guy that's going to benefit is capital one. if we cut the the mortgages people have more money to pay credit cards. >> brenda: jonas, bull or bear. >> the credit cards, bear. >> brenda: and your prediction, jonas. >> and somebody brought the-- 78 feet waves, this guy surfed. i say zumiez, the surf shop. >> brenda: yeah, bull or bear. >> you're more than that guy that did that 78-- >> and your prediction? >> bring back the bake sale, betty crocker, general mills up. >> brenda: and gary b, you can't be a bear on that. >> cowabunga, dude! >> i don't like this one. >> brenda: and neil is up next. >> well, we told you there would be fallout. little do we know it would be this bad and talk about france putting ame

. >> gary b. i wanted to save you for last because i know you have specific viewpoints on both of these issues. >> as usual, i'm such a moderate. i understand one half of the cbo argument. the taxmageddon as it is now referred to would result in a $3,800 increase for every taxpayer in the u.s. would be horrific. what i don't understand and jonas alluded to is a decrease in the spending of $100 billion. spread out over a number of years. the cbo thing will have a dramatic effect on theky economy. we just spent seven times that with the stimulus and it didn't budge the needle in a positive direction. i would like to see the tax cuts stay and the spending go away. that would be great. then we would have smaller government. why should the government be spending the $100 billion when we could keep it in our own pockets? that would be a win-win. >> we have kicked the can down 8 miles down a 2-mile road. now, you are to the point it going to go down to the choir and be the same b.s. we have seen every ti

. >> brenda: and gary b, you can't be a bear on that. >> cowabunga, dude! >> i don't like this one. >> brenda: and neil is up next. >> well, we told you there would be fallout. little do we know it would be this bad and talk about france putting america in the friar. and french president elect franco francois hollande. general motors says it would consider closing a plant in eastern france. an advisor to hollande telling we would start to arm wrestle with management and they realize there's a former economic life and respected workers as the values as part after big company. so if our companies are getting the french to kiss off over there, we are looking at more broken hearts over here? and to dagen mcdowell who no doubt broken many in her time. and gary, what do you think? >> there will be a definite effect. look, when you have socialist economic dictators over there telling companies what to do and how many employees to have, that's nothing, but trouble. what if the man dropped and dropping in europe and you don't need that certain amount of employees, t

>> brenda: gary b your predictions. >> i think the market is oversold look for the rebound up 15% and dia thing to buy by labor day. >> brenda: and the diamonds. >> may go away. >> brenda: and neil cavuto on business, always a bull on that. >> neil: forget about facebook's bumpy start and focus on the co-founder getting chucked. new york senator chuck schumer going after facebook co-founder, eduardo saverin moving out for taxes on the facebook. >> and maybe the senator should be spending less time punishing people who want to leave the country and find out exactly why so many of the well-to-do want to leave this country. charles payne, dagen mcscowcsco. >> in this particular case, i can tell you the saverin guy, i think anybody who gives up u.s. citizenship is nuts. and he came from brazil sort of like wham, bam, thank you, ma'am, and-- >> probably think there's a better way to frame it than-- >> he's in singapore. >> graphic. >> i think his reputation it singapore-- >> and it doesn't make the headlines because there's an always a billionaire poster child, but the real people, america

the bulls and bares this week we have gary b. smith, tobin smith, jonas along with ed

gary, in a maserati, hurt me with that one. i love that car. if you want to learn more about the international motor press association spring break, that's b-r-a-k-eo fox car report.com. >> jamie: who wouldn't want to know about that? way to go, gary. coming up, europe's shaky economy. it is hurting your nest egg for retirement and one of the most historic battleships in the u.s. getting set for the final mission. a preview of that and much murray straight ahead. [ male announcer ] knowing your customers is important to any successful business. which is why at wells fargo, we work with you to get to know the unique aspects of your business. we can recommend financial solutions that can work for you that have helped millions of business owners save time, reduce expenses, and maxize cash flow. as the number o small business lender f nine years running... we're with you when you need us. so you can be there for your customers. wells fargo. together we'll go far. with the touch of a button ? droid does. does it post it instantly to facebook with sound ? droid does. droid with color for facebook. it's the ultimate status update. get a droid razr maxx b

gary simmy. >>trace: thank you, shannon. the the news begins anew, on "studio b" and a psychologist questions the man who says he choked evan patz 32 years ago today signing a confession. that does not mean the case is closed. details coming up. and political perts say that president obama's re-election campaign is off to a weak start. we will discuss the state of the race, live with the anchor of fox news sunday, chris wallace. >> and a historic day for american space travel. for the first time, ever, a privately owned company has successfully delivered a spacecraft to the international space station. that is all ahead unless breaking news changes everything. on "studio b." and there is breaking news, now, on "studio b" coming to us from indiana. 54 miles southeast of chicago. there is a hostage situation. it has been ongoing for the past 90 minutes to two hours. again a man walked into a prudential real estate office around 10:00 this morning chicago time. with a gun. and there were reports he fired three shots. police have not confirmed that. he now is holding

gary lock as well. what exactly did the chinese -- was this kind of b movie threat that they conveyed to the american? >> rose: i don't know that's what i want to know. what do you think they might have threatened? >> i find it very hard to believe it would have been so b or c movieish they would have said to the americans, please tell that if he doesn't come back we are going to destroy his family. i just find that very hard to believe. but there are with a. >> rose: threat against him or the americans. >> this is so important to us that you better listen to us, you know, this is really, really important to us, it is not your judgment as to whether it should or should not be and you may make all the arguments you want about universal values but we are telling you that we are strong, an this is a problem for us. and don't, don't beat us up, at least and they got that message or the president never mentioned his name. the prenever mentioned his name i find that confusing too, and this is where sort of the missing information might help, i find that confusing too, because the critique in this general el

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