with me now, money managers scott lee, lee munson. can the chinese government, scott, scare people from selling? what does that do to u.s. investors if anything? >> well, i think they're already trying to do that, deirdre. intimidation, the force, that they're pushing on their own people, on their investors and journalists. it is very anti-free market. very bad for the markets long term. it worked for a while. if you look at shanghai composite or up until say, april or may, it probably looked pretty amazing. reminded me of nasdaq run in the late '90s. then everything is kind of coming back to earth and i think the government is showing their true colors via their intimidation. what is happening, if you're an investor over there i feel for you. it's a dangerous game to be playing. if you're in the united states like we have done as i told you prior, we pulled our money from china directly as far as indexes are gone. i just don't trust it. deidre: lee, picking up on what scott just said, let's even put aside the concern about freedom of

lee munson come in, please.you think, could you describe some stocks in this market as a screaming buy? >> yes, and they're not the ones you think. you're going to have to buy the ugliest stuff nobody wants to touch. exxonmobil, chevron in the oil play, big integrated oil companies, not accessing the price of oil, but certainly are priced that way and then get the commodity plays like freeport mcmoran and has to sell to china and people are freaking out. i would avoid apple or young yum! brands or things in the news. sandra: that nobody wants to touch? did you see jeff green billionaire investor told liz claman in the middle of facebook he is a dramatic selloffs he's buying 100,000 shares. there are people waiting to buy these things. >> yesterday, not today. stuart: i want to look at the stocks that had been beaten down. where are we with apple? >> up nearly 6 bucks. stuart: 5 1/2%. 109 we're at apple at the moment. and facebook, please, up $4, nearly 5% at 86. amazon, please, we were down yesterday. now we're

lee munson. welcome to you both. dan, you are our media bull. lee, you are our media bear., i feel we should start with you. we heard adam, my colleague from the floor of the new york stock exchange, giving us all reasons to feel bad about big media. what is the silver lining? >> the silver lining these stocks have been overly sold. values of pes based on historic four quarters or eight quarters where some of these prices got so beat up, you're looking at 2012 levels. this could be a tremendous buying opportunity because what they sell is elastic. in other words, if all they have to do is lower the prices, which will bring in more volume pure mathematics of business. get to price point where they get subscribers that can afford it, they build their subscriber base and built on number of eyeballs. that is what advertisers pay for also. deirdre: turn it over to lee for counter point in a minute. what about adam shapiro, my colleague talked about, espn, espn was supposed to be exception to all rules. gets to charge something like six times more than any other company out there

cheryl casone, lee munson and scott shellady. i'm going to start with you.gold, commodities, down and strangely, stocks have been down at the same time recently. you want to explain this one for us? >> yeah, i mean, the old traders behind me will tell that a lot of teams the commodities will give you an idea about what is about to happen in the economy, in six months time. they're leading indicator and they've been depressed in price and maybe use the word deflated in price or deflation. what we're worried about, the commodity indexes saying hey, things aren't as good out there so the governments around the world and the chinese the last few days, they're trying to cheap p their own currency or import inflation and export deflation. but there's no where else for it to go. this is something to be worried about and we're not bouncing, really, it keeps grinding lower. ashley: at what point do the bargain uhunters come in. we've got iran coming back on board here. just too much oil? >> it's too much. you know, we have less demand, more supply and some black clou