and let's bring in larry levin. all right, larry, i'm just going to speculate for a second.new jobs. there is a prediction, 200,000 more jobs this morning. does this market take off? >> absolutely. if there's 200,000 new jobs tomorrow, this market definitely takes off, especially if we're finished on the highs today. these are new highs in the s&p's that we haven't seen in a long, long time, stuart. and again, take into account what happened with the piece of economic data, if the markets are sitting on the highs, people shake out and hit by the stock and certainly see a push, i don't think we'll get a 200,000 number, but if we do, this market will be up big. >> the other side of the coin, a lousy number, 100,000 or less, i still think the market could go up because therefore, ben will keep printing. what do you say? >> i think you may see a little bit of a pullback, but i think that will find support and see the gradual slow volume up we've been doing for a long, long time. i agree, either way the number, whatever comes out, i think this market can take on higher, it may go

so, let's bring in from chicago, larry levin. ry, the dow is supposed to open 40, maybe 50 points higher. we've got chaos in cyprus. what is it? you guys don't care about cyprus any longer, doesn't count these days? >> i guess it only counts when it really counts or market decides it counts. stuart. yeah, i would agree, anytime we see a drop in the market even with the cyprus situation, people bought the market and that's why you see the market higher again today. in fact, a couple of down days and yesterday was another down day and the s&p's are nearing 1450 and in fact when they care they want to use the opportunity to buy it on a drop or a break. >> you've got the same feeling as a lot of other people. this market wants to go north, right? >> yeah. stuart: no matter what. >> you've got to find opportunities to get in and bad news is what you want to look for to find the drops or breaks the in the market and get in the market for it continue to go higher. stuart: you're cold-hearted and you don't care about cyprus, i can tell. l

i want to bring in larry levin from chicago. re-guidance, at an alarmingly high rate for american companies, what do you make of it. >> it's going to be an issue going forward. you mentioned before the break on the highs of 2007. if the market runs out of gas, a good reason for a lot of people to step in and sell this market and you add that fuel to the fire, right. guidance like that, that's not going to be a good situation if you want the market to hold up and keep going higher. stuart: it sounds like a lot of companies are expecting a weak economy for the rest of the year, that's my initial reading, you? >> the companies are doing best they can to deal with that. that's not good news and the market's going to react to that. >> thanks much indeed, larry, the opening bell is about to ring and we're going to kick this thing off again for a monday morning. where are we on the futures? well, we're down about 30 points and that's what i'm expecting in the first minute of business. the opening trend a little bit lower, carrying us ba

let's bring in larry levin at the cme out there in chicago. e economy from manpower. the national federation of independent business and the jobs report from last friday. i think the market's paying far more attention to that than they are to the two sides still far apart in washington. >> i would agree with you, stuart. i think that that good data, i think some of it was unexpected, the business confidence was a little better and the jobs report was great and people are paying attention to that and also paying attention to the record on the dow. the record that's upcoming in the s&p and people coming home from work every day and saying, hey, did you see what the dow did, another record and that gets that snowball rolling and people buying into the market and that's helping to push it off. >> i'm told that individual investors are buying into this big time, that's the flow of money. can you say that that's accurate? >> absolutely. and whenever we get near the records and you get the excitement and logs on to on-line account and gets in the mark

joining the company from chicago, larry levin. you've got to hop into this.arket was all over the place following news out of cyprus and rejected the eu proposal and closed on the plus side. who a wall street rooting for. >> they're taking advantage of the bad news and getting in on the market. a tiny break or drop in the market, cyprus or something else, people step in and get in the market and don't think it's going to take it down and the more traders that deal that way. the more true it is. . charles: to a certain degree, a self-fulfilli self-fulfilling prophesy. keep buying on the dip. >> there's one other entity that makes it happen and our government is trying to make it happen. the wealth factor, winning to buy, a lot of bonds every month and those situations, make it a self-fulfilling prophesy and keep driving the market higher and higher. charles: and today the fed gets together and i guess the assumption the printing keeps going? >> no question about it. a market and economy dependent, i guess, but absolutely, they're going to keep printing until t

joining the company from chicago, larry levin. and larry, i want your thoughts on this.things that we're seeing going on around the world and it's banks and governments that meet these bailouts, but of course, it seems the people are the ones to pay. having said that do you think what's happening in cyprus could ultimately happen here in america? >> now, i'd like to think not. all right? and like to think in cyprus they don't have the ability to print money and live in the fantasy world, printing money in hundreds of billions in bonds every year and keep it low artificially. i think our government will keep doing that. unfortunately, i believe they're waiting for some kind of bubble to happen. right? they had an internet bubble, a housing bubble and without a bubble they're going to keep things going the way they're going. charles: the bell is going off and the markets. larry, we did bail them out, there was a tarp program along with the other goodies you're talking about and it's not outside the realm of possibility? >> i guess it's not outside the realm of possibility

let's bring in larry levin from the cme. larry?this positive spin and the retail sales numbers fantastic, and banks raising gdp estimates. it feels giddy. >> it does feel a little giddy. i would agree and i don't know if i'm buying it all. the markets want to go higher with the records in place and everybody talking about it and everybody wants to jump on the band wagon and this is what you get when you you're sitting here an all-time high and everybody in the market helps to propel the market higher regardless of that news. but there's a lot of giddiness out there. charles: there was a time when i started on wall street the belief was that the stock market was a harbinger or would tell you what was going to happen six month later and in other words, that's the role it played and i think that was diminished when you peak one month before the great recession, but could that be back in place and could the market actually be saying that things are going to get better? >> you know, again, people want to believe that and you've got to w