another leading indicator that should say the itb is going higher.short, with interest rates super low, if history is any guide we'll see a nice rebound in mortgage activity here. something which is being forecasted by the fact that lumber futures are overall higher, indicating that we have some construction going on in this country. we may have less refinancing act uptivety right now. however, the lack of new mortgage activity has to do with seasonality, weather, not to mention less refinancing going on. everybody who could refinance has already done so. he believes mortgage rates will fall. mortgage activity will rebound and so will the stocks. the charts as interpreted by bob lange defies the reason for them to decline like they have. his explanation, more affordable mortgages are coming and that will lead to a rebound. i'm not as sanguine about it as bob. there seems to be less supply of homes, just inventory at too high of a price. realogy confirmed this yesterday. called me a skeptic. still, lange has a good track record on the show. i think yo

the itb is plenty of liquid.t's all home builders when you look at the top four, five home holding. >> would you short now that you have gone to that point? would you take that trade? >> no. look at the chart they put up just now. i think it's in kind of holding pattern. like the xlf. not going anywhere right now. i like a love of the derivative plays. whether it's home depot, mow hawk including whirl pool. >> i would. it's trading at $24. i have $2 risk. this whole game is about risk reward. these stocks are going to get killed. >> next up twitter, 480 million shares will become eligible for sale after the stocks recent rally. let's welcome the managing director, eric. great to see you. >> great to be here. >> it's less than that staggering number. it's owned by insiders and the venture capitalists who say they have no plans on selling. that leaves about 313 million share that is could be unlocked tomorrow. what's your sense what happens here? >> it's going to be another event. we didn't see the stock do very mu

itbe in a rural area where is not close to airports and other air traffic, maybe something like thisk. >> it sounds a little bit like the apocalypse to me. anything is possible. mit's center for transportation and logistics in boston, thank you. speaking of amazon, check this out. a massive yellow locker that has shown up in downtown san francisco. we will take you there next. ♪ >> welcome back to "bloomberg west." i'm emily chang. amazon's efforts to get your purchases to you even faster does not talk with same-day delivery. they even have a locker program where you can get your stuff delivered to a locker instead of your home, but a giant version of a locker has appeared in downtown san francisco. cory johnson is there checking it out. >> right here in downtown san francisco at the edge of the giantbuilding, this yellow box, and the amazon giant locker. it is a publicity stunt but it is also a real experiment. they are experimenting with ways to get products closer to the consumer. they have embraced sales tax laws. the fundamental change in the business, this locker is part of it.

military, on the grounds for itb disposal, we had to make easy for kids with bullets flying around their to use the robots. in my own case, putting them in people's homes. they had to be easy to use. >> a lot sold every year? >> i believe is well over a million. >> tell me about baxter. >> baxter is a robot that is meant to going to factories. is easything is that it enough for an ornery worker to figure out how to get it to do a task in a matter of minutes instead of having to understand six dimensional vectors. they show the robot what they wanted to do. closelyis safe to work with. industrial robots are complex things that take months to integrate. we are trying to make the pc of robots. >> take a look at this video of baxter at work. >> baxter is a great tool for line loaning, and packing. with baxter, you can pack stacks and keep counts of how many parts you have. you can put them in a particular grid, or a kit. create a mixed bag. since baxter has two arms you can pack two boxes at the same time. you can give an associate time to remove the review sleigh filled box and replace it w

go to itb if you're in the housing world. >> gold rising 1%.ckie, interesting day considering bank of america was out today saying sell gold. good push-pull going on, on the street. >> that's exactly right. interesting with gold's move as soon as we hit 1300 it retreated and came back down from that level. the note you reference from curry says it's time to short gold, what the technicals are saying. jeff, you're watching this chart closely. do you agree with mcneil it is time to short and do you think his sergeant of 1215 is accurate? >> i disagree. 1300 the middle of the range here. 1275. they tried to tag it overnight, machines took it down at 1277. as long as we have the ukraine situation we have 13 more days to election happen and i want to see the chart break to the upside. >> do you agree with mcneil or jeff? what's your take? >> i'm in between. every time we trade above 1300 that's been the range, above it you sell it, below, you buy it. i took some earlier and will take some today. now that interest rates are ticking back up on the ten

museum, itbe in a should be like -- i am still alive. >> he is very much alive.ense of humor. ask he was very concerned about -- he was very concerned about museums. the show is very the ethical and kitsch. -- theatrical and kitsch. there is a mechanical cap walk. -- catwalk. some smile, some talk, they really bring the exhibition to life. >> what are some of the most iconic images? >> the cone bra. >> that has to be among the most famous. but he is synonymous with making corset bras. he really revolution allies the way -- revolutionized the way we perceive corsets. he made women sexy. you can see madonna. >> where did he get his inspiration? his maternal grandmother was inspirational to him. ofgrew up in the outskirts paris. he had no money, but he used to hang out with his grandmother. he would pour over fashion magazines and became obsessed. he used to sketch to collections a year. >> how was he regarded? you only have to read the catalog and there are designers , really talk about him being an inspiration. there is a wealth of photographers, filmmakers, perfo

understand, scott, if you're going after the homebuilders, you think that's going down, go for the itb exactly what you're talking about. >> you don't like the call? >> i think it's an interesting call, because if you hate the builders, do you still hate the derivative names off of this? we've seen how home depot has been trading. you can see how some of the others -- the mohawks of the world have traded pretty well versus the way the homebuilders are trading. >> he's really saying he's betting against the consumer in a lot of -- >> let's listen to him. we can react to that on the other side. hire he have from yesterday. >> you look at mortgage applications, look at housing starts, new home sales in particular, they're no better than they were at the so-called trough of the recession. it would seem to me that these stocks, which are up an awful lot, and discounting probably a return to what people think is normalcy, i think are going to be disappointed. >> so that's the way you're playing it? short xhp? >> that's right. >> pete, first off, i'm going to defend myself and correct you. pu

itb was here that william hurt and a crew of 20 gathered to film a dream sequence about gregg allman'sot on the bridge? >> william hurt, playing gregg allmen, sitting in a hospital bed. >> reporter: according to the lawsuit, the movie's crew waited for two freight trains to roar past before they were ordered to set up the bed and the cameras on the tracks. but as the director, randall miller, yelled action -- the dream sequence scene turned into so, the entire crew, they're all on the bridge. and somebody yells, a train is coming. >> a train's coming. and then, everybody starts scrambling. >> reporter: a third train, two stories high, nearly as wide as the trestle itself, was on them in seconds. one of the camera crew, 27-year-old sara jones, was one of several who could not make it to safety. >> all these people are trapped. and ultimately, the train hits the bed. >> it just created shrapnel. shrapnel apparently hit her and caused her to knock her into the train. >> reporter: she was killed instantly? >> apparently so. >> reporter: other people were also hurt? >> yes. we understand th

but itbe able to talk -- does work. >> you have to understand the couple of things. time.things take when you look at the billet to do this, you have to look at him couple of things. second, are they given the time to do it? and execute a protocol the way it is supposed to be executed. that wea huge issue really need to keep the spotlight on. if we do not, we get ourselves in a situation that's very poor. that is when we get into other things i have seen. >> people lump things quickly and it does indeed take time. quickly and it does indeed take time. your further answer question, we know 70-80% will get better and stay better. that is what the study show over and over again. what does it mean? they don't have symptoms enough for it to be significant for the distorted. well they have some symptoms? absolutely. you will feel sad. you will have problems he. -- sleeping. a cure just means it doesn't control your life on its terms. >> okay. you have these policy types. seize the moment. anything you would recommend they think about doing? >> you have got to ask the quest