>> stay long financials. buyers on the dip. stay long. stay long health care. you completely avoid the commodity trade. avoid the material trade. think of what the chinese are going to have to do. their currencies appreciated significant significantly. they're not going to be too happy about what's going on. i think you play it all u.s. centric. >> i like the long dollar trade. i totally agree. i am much more skeptical that that's going to translate into higher stock prices here. i think we've seen some of the weakness globally in a o. there brick equity markets despite the easing that we've had. so i think long dollar is a better way to -- cleaner way to play it. >> i think the long dollar is good for the s&p. so i think the strong dollar is going to improve our markets here. unlike it's done over the last few years. i think long the s&p but also with this massive easing over in japan, long japan, the easiest way to do it is through the ewj or exj, their market has had a long run. >> just to what paul was saying about this certainly makes it more competitive f

he had a beard and long hair.. and that was the first concert -- it was actually the first date that i ever went on, was to a jethro tull concert. >> jimmy: oh, no. >> yes, exactly. [ laughter ] you're way ahead of me. [ laughter ] it is not a good concert to invite a 16-year-old massachusetts girl to go to. [ laughter ] and it was a triple date, with two of my older brothers. so i picked her up, we went to this concert. and i don't know if you're familiar with jethro tull, but a guy jumping around in tights, playing a flute, piercing weather balloons with said flute. like, that was -- you know? [ laughter ] it's ron burgundy. you know, he's up there in tights. [ laughter ] and it was -- [ applause ] -- horrifying -- it was a horrifying -- and my brothers kept -- first date i've ever been on, my brothers kept looking at me, like, "hey, are you going to kiss her?" [ light laughter ] >> jimmy: as brothers do. >> as brothers -- yeah, and at the end of the night, we all drove back in one car, of course, walked her to

that thing is ten pages long. and he found in there there was a phrase that said this house shall not be resold to anyone of the hebrew faith. faith. no hebrew it implies jewish faith what do you have to say about that. rehnquist said i've never read my covenant. somebody smart dug up the senator's covenant and sure enough this phrase had been struck down by the courts and had no validity so that ended that argument. my point is they were going after rehnquist no matter what. he said to me how many votes are going to be against me this time. and i said probably 36 or 38 and he said that many? i said yes but we're going to be all right. >> he got 65 to 33 the second time. >> right. >> what was he like up close and how did you learn how to tell people to pipe down. >> it was difficult. the first thing that happens when you get a supreme court nominee or any nominee. he is euphoric the president of the united states has asked me to be fill in the blank. and you've got to bring them back to earth, especially for the h

that's long game here. know equally cynical. >> but that assumes, i mean look 2016, you could have another democrat in office and the question here is, i mean lee, we need three functioninging branches of government. you effectively have one branch holding another branch hostage. this does not set a good precedent. i don't know if this is a cynical view. once you've sort of exerted power in washington, everybody is loathe to give that up now that this has become der rigeur will democrats be forgiving if there's a republican president in office and he wants to appoint some conservative justices? the pattern here is incredibly dangerous. >> it's elevated the politization of everything. in the past there was a sort of deference afforded to presidential judicial nominee picks. the same way it was sort of new and different that chuck hagel was questioned so hard. i mean there was not kind of the level of you know, i guess respect is the word afforded to a presidential pick, a nominee. so this, this the game has

singing sweet home alabama ♪ ♪ all summer long sweet home alabama ♪ ♪ all summer long singing sweeteet ♪ [ cheers and applause ] kid rock. tickets are only $20. you can't beat that. i want to thank rachel mcadams and kelly oxford. tomorrow, rosario dawson, nicole richie and musical guest foals. good night! ♪ >>> tonight on "nightline," middle school students. tested for alcohol and heroin just to play sports or join the scrap booking club. tonight, parents fighting back against schools and drug chasers.

how long -- >> too long. >> too long. >> i can't believe it. i can't believe it.ust so excited. >>> of all the cities that could host the espn x games, detroit is not the first one that comes to mind. they're saying, yeah, we could completely host the x games. and detroit is making a big push to espn to bring the 2014 and 2016 games to the great city of detroit. >> what's their reason? >> they said, look, we've hosted huge events before. we have concerts here, a huge urban population that loves x game type of sports. >> and it's a fantastic city that people need to experience. they don't get enough credit for what a cool city it is. >> they are interested in the economic impact too. if you look at previous x games in cities such as l.a., about 50 million bucks. dps back into the local economy because of an event like this. back in january, detroit was named one of 17 cities in consideration for the x games. in august, they're expected to make some sort of decision and detroit is screaming for the opportunity to host it. >> go detroit. >>> beth, these two areot dee

so, this, roughly speaking, assumes a 4-1/2% rate of medical inflation in the long term. and that's the most powerful cost driver here. so, when we're talking about pension funds, we talk about the investment return is the thing that matters the most here. here it's what you assume for medical inflation. to the extent that the city or employees or retirees, our health service system can control medical inflation to the extent that's within our control, it has a significant impact on these costs. a 1% change in that long-term medical inflation assumption drives roughly a 9% change in the overall liability that we're talking about here. so, 1% equals about $400 million in this current number. so, and obviously that's a very long and much larger conversation about the host of tactics the city and our workers and others can employ to kind of manage health care costs going forward. but it's the sing the most impactful driver here. >> and i think that certainly recalling a lot of involvement in our cpmc negotiations lately, i mean that, the medical cost of inflation is a big de

no long-term effort to deal with the country's debt.effort to deal with infrastructure, our elected l e leaders prefer to govern from one crisis to another. that's my biggest concern. richard, your turn. >> my good friend, ali velshi, is most definitely a glass half full man. he starts with the optimism. i'm going to start with the pessimism. i'm most worried about the inactivity and the dithering, the gridlock, the slow decision making that takes place on both sides of the atlantic that led to a debt ceiling debacle, a sequestration, and in europe, a continuing miserable state of affairs, best seen most recently by cyprus. despite all of the natural, innate, good, thrusting forward of the market, i regret to say i still remain a glass half empty person. and even more so today because the biggest threat, the biggest worry that i can see at the moment is that i won't have ali velshi to put right each week to open his eyes to the sensible views as he goes into whatever myop myopics that he wants. >> i will miss you a great deal, my friend

it is, of course, a pretty long period of time. i am actually -- i'm optimistic because we know that there is a path forward. this is not one of those, you know, you get a horrible number, this horrible situation and there's no real way of solving it. this is an absolutely solvable challenge. and one thing that i think we've shown as a city over and over again, the pension reform was the most recent example, is that we do take a responsible approach when faced with these challenges. our partners in labor are incredibly collaborative as we saw with prop b and with the other prop b before that. and i am optimistic that we're going to be able to work together and come up with a solution and move forward together. so, i look forward to participating in that. >> thank you, supervisor wiener, and thank you for your co-sponsorship today and working on the issue together. and i want to thank all those who spoke, members of labor, to our controller, and certain to our mayor's office as well. you know, i think, again, the purpose of today wa

this dry spell is going to last, probably not very long, i guess. >> it's going to be long enough to give us some sunshine and temperatures are going to warm the next couple of days but the after effect of today's rain and the weekend, i think we have fog to continue with tomorrow. take a look at the two days total. san jose not such the luck, only 1100 reported in the area over the last couple of days. right now temperatures in the upper 50s. as i step back this is the system here that are with us, all weekend long and bringing the showers and thunderstorms with us. we actually have a nice looking afternoon and now we are settling into the evening. this is the next system that heather just mentioned. the clouds are ahead of it. let me show you what happens here. first thing first, we'll talk about tomorrow morning. by 10 or 11:00, we are dealing with mostly sunny skies and it's a good looking day. wednesday we start out really nice and by the evening hour, notice high clouds,. so a little bit of a cool start but once the clouds clearing out, it's going to feel really good by 10:00.

as long as we have q.e. next few weeks, i'm still a buyer of this market. >> jeff, you can see the multiple is lower than it was when the s&p made an all-time high back in 2007. does that mean that stocks are still cheap? grizz, over to you? >> jackie, i think they are a little bit cheap. but the difference between now and 2007 is the q.e. and that's what the difference is. the guests earlier on the show say if we pull the rug out from underneath, will the market crash? i don't know about a crash but a correction is coming. >> i know you've been looking for that correction for some time. how about you? do you think that stocks are cheap still? weigh in. but for now, scott, back to you. >> thank you so much. >>> next up on the "half," has april begins and the weather heats up, we'll tell you which retailers to go shopping for right now. >>> next, the vanguard group, jack bogle is coming up. the legendary investor will join "halftime" and give his outlook for the second quarter and make what i think is a surpr

they are going to be rather strong all day long. go ahead and bring in anything from the outdoors that could get knocked around. highs today are going to be comfortable. we will hit the 70s in places like concord and fairfield. not a bad day in san francisco. 68 in redwood city. it is going to cause problems out there on the roads. >> i am back and awake. we are looking over toward the bay bridgeview. all of the bay area bridges have the wind advisory. that's not a weather advisory. chp says, hey, we drove across it. it was tough. the toll plaza, back camera holding steady-eddy. you will see a very light volume and no problems. across that span, watch it. across all the spans. the approach on the maze in the map, the east shore freeway is not a problem. no slowing through the area. our road weather doesn't show a lot of index. chp did give that advisory. i am looking at unusual slowing for highway 4 between interstate 680. it may clear up. if it doesn't, i'll let you know why. >>> 440 now. if you are feeling lucky, you could become

city sochi is also one of the country's most popular tourist destinations people flock here for the long hot summer as the spacious beaches and the warm seas busk if you're looking for more than just a time out it's also an area filled with some amazing natural highlights. so i've been spending a lot of so i'm in the city but off in the mountains there's the caucuses reserve which is literally the size of finland so i've met up with mine very experienced guy like say if and when you are off on an adventure. it's fair to say that if you're driving up here then you're in for a bumpy ride so you might be lucky and find some time ago but mostly it's just dirt tracks and rocks fortunately alexei's wonderfully named wozzeck is up to the top. model of the blood much of this is spin spin on this the seconds into. up and down the trashed blasts. still going. up it's. just a couple of days in the caucuses reserve it's only for the mountains the biosphere here is filled with unique flora and fauna some of the best hiking trails in the country. but getting to them wasn't going to be easy especially

we saw how long it took the last two hundred to get out on the road. the sooner the better >> and then the timeline piece of it when can we expect to see the other part of this. >> boo the meter rates and the gate fee issue. we're hoping to have that out in 4 to 6 weeks but whatever it is there it won't change the need you might argue it would change the - we need the timeline like yesterday. >> in that 4 to 6 weeks is that going to be - and you have to see how the taxi will be paid for. in part that case needs to be quick we can do it quick or closing slow in terms of interest we need to - looked like i i'd like to get it done as quickly as possible but in terms of a timeframe the goalposts next is getting out the gate fee and the meter report >> thank you and thank you, dr. for the report as well. i join my colleagues in thanking you. a couple of things. first in the southern part of the city is a lack of service and my certain is with the current taxis we have it seems like they serve the northern part. i'm not so convinced it seems like half the ci

singing sweet home alabama ♪ ♪ all summer long sweet home alabama ♪ ♪ all summer long singing sweetid rock. tickets are only $20. you can't beat that. i want to thank rachel mcadams and kelly oxford. tomorrow, rosario dawson, nicole richie and musical guest foals. good night! ♪

we have a couple of long-term studies. we need more long-term studies. but what is really exciting is that in these two long-term studies, 10 years after they enrolled in this supported employment program, over half of the people who initially enrolled were steady workers. which means they were working about half the time during the 10-year period. so. so tell me a little bit about what happens to a potential employee that goes into a place that believes in supported employment. okay. what happens, exactly, to them? they go in, do they get trained? do they get special followup? what happens? the approach is based on eight principles. they include one that i've already mentioned. what we call rapid job search. so we don't have a lot of preparatory work before people go out looking for a job, if they say that they want to work. and that's a second principle here, which is that the only criterion for being in a supported employment program, aside from being a client with severe mental illness, is that you say that you want to work. we don't have any screeni

the long-term trend is very good. in the last 10 days it has been a little bit weak, but i want to attribute that to the end of the quarter and some selling pressure. i don't want to jump onboard yet, but a closing above $800, i am in there. > thank you andrew. have a good day. this the end of the line for today. coming up this week, a preview of how money managers plan to invest in the second quarter. from all of us at first business, have a great monday!

>> i long them both.e the biggest attraction about google is i feel like it's apple in its more beloved phase, which makes me less comfortable. it was replaced apple as the number one holding. and disney is slowly chugging along and doing a great job. and i long them both. but i would go with disney. >> have you trimmed google because you're scared that it is the an until the beloved prefall phase? >> i have added puts. so if it goes down. >> i sold my google earlier this week, but i'm looking for a point to buy it back. if i had a matchup here, levee the content. >> you do have a matchup here. >> i know. you do have to pick one. >> wow. this is a great segment. i got to tell you, when we first started this whole little segment, i picked google to win it all. maybe pat me on the back, maybe something? i go with google. go, john! you have to do this. >> i'm going to go with panda. >> i like the panda. >> i like google as well. and i like google because it broke down through the 50 day to day. and people mi

-- and when i say long term, i mean your long-term region, not just one, two years, but many, many years to come, because that's critical to have the infrastructure there. let me turn to senator rubio. >> i just had one question and that was for dr. sullivan. i want to ask about the budget proposal that funds about 300 days at seas to support fisheries services. this represents an increase of almost 1,400 days at sea above the fiscal 2013 levels. what can you be sure that the ship time is distributed coordinating to need? what are we doing to balance the days to make sure all of the days are given the attention they think is appropriate? >> senator, in the last year we've been through one unique exercise that will underpin part of that answer and then we have a standing process that we we lie on for that. the one-time exercises where it was very thorough and rigorous reassessment and revalidation of our at-sea observing requirements. this is not our requirement for days at sea but really an exercise to make sure that we broke down to the level of what other parameters we need to observe,

it was great to eat some real food after a long ride and lending a hand in the field seemed like the least we could do. take quite a lot of this place and that includes several hungry horses the more hay we collect now. ship enough to really see them all through the winter. oh right how much i can balance them off. and. i'm sure a couple of hours we've gathered a mini mountain and range alexander took us off to collect all reward we still had a fair way to go and i was pleased to have someone else doing the hard work. ok in the stirrups. so i won but here. which i guess means that i like says on sunday. hoping that it should make going up the hills a little easier anyway roy boy. was all going to go out his role the spirits had mountain to control we rode off into the forest. got the calm one here the pulse here can be a little treacherous and i was glad to have alexander leading the way down to the water's edge. we managed to cross over but with the pathway getting narrower alexander was forced to turn back with the horses and alexei and i were on foot again but not for long. we're

>> it was pretty long. it moved faster than we thought. >> the we have been here for perhaps about 10 minutes. not that long the but kind of long. >> as you can imagine this local on for a while. a representative says that because this is changing adjustments will be made accordingly. >> on the big stage for the first time since 2007. the golden state warriors put up a good fight against the denver nuggets in game one of their playoff series. but as kron four's philippe djegal reports. the warriors wind up on the short end of the stick. fans at pappy's grill and sports bar in berkeley had a lot to cheer about. especially a steph curry three pointer to tie the game at 95 with less than 15 seconds to go in the game. but turnovers and a game- winning layup from the denver nuggets' andre miller with less than two seconds in regulation. sealed the warriors' fate. at an arena in which the nuggets have only lost three games this season. warriors all-star david lee ledt the game early in the fourth quarter with a h

that's quite long enough. so, anyway, that's what happens with this -- >> it's quite long enough for what? i'm kind of curious about that. >> i just thought you were brand new to the job. you acted like what am i supposed to do about you, you know? anyway, i am not assaulting you, man, i'm just checking on your credentials a little bit. >> okay. >> schreiber went on to tell evans a specific group of limon inmates had it out for him. >> they told me they were going to write all of their friends, whatever cell houses they're in, they're going to write their friends and tell them about me and basically, have my [ bleep ] sanctioned, either assaulted or stabbed or killed or whatever. >> did they just see you and decide you were the guy that they were going to write all their friends about? >> no, i was the guy that they were -- >> did you provoke them in any way? >> this is what happened. they kept talking [ bleep ] to me, and then i started talking [ bleep ] back to them and i threatened them, yeah. i threatened

robert. >> with the largest yacht ever built made its long awaited debut.launched in germany. the yacht builter, it is 509 feet long or more than one and a half football fields. it's 57 feet longer than the current number one. there is no official word on who the owner is, but the sources tell me it's the royal family of united arab emarits. it's powered by jet engines instead of propellers. this boat can go 34 miles an hour. we're told the interior will be french empire style. so lots of gold. think napoleon if he had a megayacht. sources say it's more than $600 million. >> wow. powered by jet engines. here and reporting a 10% stake in lululemon. they had to pull some of its yoga pants that were a little too see-through. >> air bus turning up the heat on rival, boeing. phil lebeau is live in abbe goldstein. >> the manufacturing boom continues here in the deep south. this time it's air bus breaking ground on a final assembly plant. how much will it help the european play maker? we will talk about that when we return. >> thank you >> thank you very much. boe

i got a long time before i need the money. i'm in the game and i'm staying in. >> terry, he's in the game and staying in. and we've come into this crazy time when we're almost becoming immune frankly to stock market records, again and again they're shattering these records but that can't last forever. what should people be doing right now their investments? >> well, clark and i preach from the same hymnal here. we believe and know for a fact nobody ever got rich betting against america. there's never been a 20-year period where you've lost money in a diversified stock portfolio with dividends investment, so i don't think it's our job to figure out when to sell. i believe in continuing to invest on a regular basis. now, why is the market going so high when so many people don't have jobs and the economy isn't really growing? the reason this time is all the money the fed's been putting into the economy and it's got to go somewhere. so the first and easiest place was the stock market that may move the market ahead "too much" but o

this was a long time hedge fund favorite. a lot of people like this name and road it very painfully down. i don't know that like google it's quite overbought at this stage, so, i wonder whether that is -- still holds the stock up. but still, that suggests that if the market is going to go lower, you want to make a bearish bet. something like a put spread, it makes a lot of sense. >> just one more point here, you know, earnings growth and sales growth are supposed to be low single digits. the stock is trading at 20 times it's not cheap anymore. so, to me, i think this is one you can think about. >> all right, well, marissa meyer has done a couple of things, but they still don't have stocks versus options. shorting any stock has unlimited risk. dan's put spread is just a $55 risk. >>> our next guest says there is a sweet opportunity to get short on housing stocks. let's call to the charts with, speaking of homes, my new very raucous neighbor, as luck would have it, carter braxton worth. >> hi there, hi there. so, yeah, this is

to get into the forest we need to cross the nearby river but a long road paul is like these you need to be careful where you putting your wheels . on the. problems of. simple he's pretty easy to punctual feel run over show. courts in the me and i say some sort of thing you have. hope. and once we were up and rolling it was time to head across the water. going to boy boy. this is. alexei works as the head of a conservation and knows almost everyone based in the coaxes national reserve he gets to go home most nights but they're all forest rangers that live with their families three hundred sixty five days a year and their little enclave was on a stone. the rangers are here to police the reserve and keep it as unspoiled as possible and even though it's still late summer they're already preparing for the winter. area comes a total of fifty four fills and take this means you've got a lot to do considering that the group is very small the season is almost over shall we help out. and sure. all those welcome. it was great to eat some real food after a long ride and lending a hand in the fiel

i'm long going in and out. i'm long and have been for a while. >> i have owned this stock for a long time. >> you can't really love a stock that is at 44%. >> well, i have owned it for a heck of a lot longer but i never got out of it. if they have missed the boat, and it doesn't launch soon? sometime within the next months, then i think he has got a real problem. everybody who is foreign has the bigger screen phone. everybody. >> why does it take so long? they have the ipad mini. why does it take so long? why can't they work on that same platform? make it a phone and the people have to carry around one item in their pocket? why does it take so long to refresh when they have the product existing there? >> how many devices do you have in your man purse? >> seven right now. >> you are so honest. >> i have the underwear guys should be wearing in their man purse. >> carrying around guy's underwear. microsoft getting a pop today. and a should you be following these big activists? >> yes. let's start with the microsof

now, how long does it take for half that uranium to decay? it turns out a long time. it turns out 4 1/2 billion years. yeah. and you know, when i used to prospect for uranium, i used to find uranium, you know? and that for every time i'd find uranium inside that rock, guess what also was there? - the lead. - lead. and guess how much lead compared to how much uranium? more. about same-same, which means that what, the age of that rock is about what? 4 1/2 billion year, that's the age of the earth. so 4 1/2 billion years is the radioactive half-life for the isotope uranium 238. that means in 4 1/2 billion years, all the 238 atoms around, half of them on the average will have decayed to something else. now, that's a long half-life. a shorter half-life is like a radium. radium, i think, is 1,620 years, something like that. and radioactive carbon 14, that's 5,730 years. and little neutrons, it turns out a neutron by itself is radioactively decayed. and that will decay in about 12 minutes, half-life about 12 minutes. and then a little new-- at a 2 millionths of a second, hal

but we're still a long way from finished. >> as an example from long way from finish, senator lamar smith wrote let's not repeat our mistakes. senate proposal gives amnesty to everyone before the border is secure. that's not a smart or successful plan. how do they get this done? >> the best way to get it done is not to rush it. senator rubio would like see a process that's deliberate' methodical with hearings and a healthy committee mark up. in the house that could mean two or three committees. then a very open floor process where you have plenty of debate, plenty much amendments offered and nobody feels they don't know what's in the bill and that nobody mid way through or near the finished line gets surprised whether it's a political surprise and all of a sudden they have to act like oh, i didn't realize it's so bad or a legitimate surprise where they thought the bill was one thing and it turns out it's another. the senator is right and while some people and especially people who want this to happen are going to worry that extra time means people can defeat it. if you rush it you'll kill

good signs sometimes takes a very long time. years after nasa was founded that we landed on the moon. the human genome project took 13 years. it's been almost 50 years since the particle was first proposed. and it still hasn't been conclusively proven. but australia's home to the world's longest running lab experiment. it's on the verge of a break through of sorts. 86 years ago a professor at the university of queensland initiated this pitch drop experiment wanting to show that some things that look solid can actually be a little bit fluid. pitch, you see, a derivative of tar and it is so solid, you can crack it with a hammer, but also drip and drop. over the past 86 years, eight drops have fallen. and the current custodian of the experiment thinks the ninth drop is coming soon. they've set up a webcam so you can watch. go to our website for a link to this historic moment. the webcam is only a little less exciting than watching grass grow. but there is an upside to watching, nobody has ever seen a drop actually fall. you could b

there are long long long term plans to i think possibly divide the country there is a lot of talk of partition now so that he has a wife project could go ahead he would have a partition of the country are most likely to have two french rooted bases one interest looking the north one in march to be the center of the country you could have basically conflict between the. the two rigs in the north and the listening in the tell another other ethnic groups in the south so there is already talking fact of harlowe french. accompanying u.n. peacekeeping forces so far this is the likelihood is that they'll be there for a long time they don't think what's your prognosis this is all for the good or for the bad of security for that area. well there is the security business i think that it's good for the security business and it's bad for the security of the people. the country was systematically destabilized this intervention could have been prevented in fact they prevented a national army from fighting the rebels in the north for a long long time and when there was a putsch or a coup or in two

i'm not long any of the department stores. i'm not long any of the decount retailers right now. the one i like the best is target but i'm going to wait for it to setback up again. >> the high end one like michael koor kors. >> on the high end, i would buy nordstrom. >> not only is it entertainment, it's a shopping experience as they market it and you still want to go and try it on and see how it looks at you. it's not as big a risk as with best bid and commodity product or some of the others, frankly, like staples, where you can order and just mail it in. the brick and mort ter retailers are in trouble but not the apparel or department stores. >> biggest pops and drops now in midday trading. number one, owens, illinois. >> there's not any news out but jeffries put a good note about how they're getting better pricing. the european market is improved. i think the stock market is interesting. >> simon? netfl netflix. >> sharon put a bid in for hulu and recent competition and still questions on the distribution with the "house of cards" but, hey, 5%. some people are taking profit. >

people that have long-lived parents are more likely to live a long life. narrator: but genes are not always destiny. studies show that many of the physiological changes that occur later in life can be avoided, or slowed down by choosing a healthy lifestyle long before the physiological changes that occur later in life become apparent. things that help people age successfully are things that our moms probably taught us: eat right, exercise, stay involved and active. people who age well really do seem to be folks who have maintained a lot of physical and cognitive kinds of activity. the fact is, many seniors do not eat adequately, for reasons not necessarily related to their physical condition, or to their economic well-being. dr. lipson: most of our frail seniors in this country are women, because men don't live as long. as a consequence, it's often a situation where the woman of the family has cooked the meals, and now she has no one to cook for, so there's no reason to cook. and so you tend to get processed foods or fast foods, some of which have high sal

i'm long. i've been long when it was higher. looking for long-term gains here.t, i think you'll have a chance. >> if we were to trade around it, grasso, what levels would you look at? >> the level of $12. you would say you should be adding to it at that level. if it breaks down and talk about $11.85, be willing to bail and say waits a losing trade. hello! how sharp is your business security? can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh ♪ o

i'm not trying to commit a lot of long premium to this. talked about it just before in johnson & johnson. i own those 82 1/2 puts. they evaporated in may. i had to roll them up. this is a great strategy that keeps you in the game, it defines your risk and you're not long this premium. >> yeah, good point. let's wrap this up. hit a little stocks versus options. bet against the mouse house and get short disney, that carries unlimited risk. dan's call spread defines his risk to $175 and can make money if disney shares go up, down or nowhere at all. let's go to everyone's favorite stock not named apple. what is it? facebook. 3% boost thanks to an upgrade today and just within the hour, the company announced that venture capitalist jim breyer will step down from the board. but will investors like the stock when it reports earnings next week? cnbc's well-liked media reporter julia boorstin is here to break down what investors need to know. julia? >> well, thank you, melissa. the big question for facebook is all about mobile. is it making more mo

there's now 110 shares long. so for every share short, there is also an additional long.le forget that. number two, there's no time frame on a short. generally speaking. unless there is a borrow issue, you can keep a position outstanding for years. and unfortunately, i've had to do that sometimes. >> right. but that speaks to the risk, right? there are inherent risks involved in what you try and do every day. >> absolutely. and i think that's one of the reasons why people think a little bit too discreetly about short positions, which we talked about earlier in the show. because back in the mind of everybody, including me, is the fact that a stock can go up inif i knitly and can only go to zero. although, as i pointed out, i've seen a lot more stocks go to zero than infinity. but, in fact, you mitigate that by portfolio management. you know? you don't want to have just one or two shorts if you're a portfolio manager. you have a portfolio and you're constantly reallocating capital depending on risk and set limits. >> but you're also -- you've got much more patience because

it is a long-term problem. given europe's problems and our slow growth, things are performing ok, but not the way they were in the past. we have our own any problems at this point. the government increasingly -- dare i use the word, dysfunctional. the issues that people are wrestling with the need to get resolved, hopefully sooner rather than later. i'm no expert. i'm not terribly confident that any big solution will happen. another issue that keeps me up is cybersecurity. secretary panetta and one of his last speeches describe the single biggest threat to the united states. when he says that, you certainly have to listen. we have been targeted, all of the big banks have been targeted. cybersecurity is not just about hackers. it is not just about guys trying to get your credit card number. in the case of many economies, there has been a lot of press about china and iran and israel. it is a reality. sophisticated people. building firewalls against them will be difficult. we have got a strong team. this is a thre

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we have been here for like 10 minutes. >> not that long but kind of long. >> i am glad that they areing precautions." >> the giants went on to beat the padres two-nothing. tim lincecum pitched seven innings. striking out a season-high eight batters. the panda added a two run homer in the fourth inning. and closer sergio romo came in and pitched a perfect ninth to earn his eighth save of the year. the giants finish up the series with the padres today with barry zito on the mound. the a's lost again to tampa bay. >> turning to the n-b-a. after six long years, the golden state warriors are back in the playoffs. it was a tight game, but with one-point-three seconds to go. nuggets guard andre miller sank a layup to lift denver over the warriors 97-to-95. the win gives the nuggets 24 consecutive home wins. fans we spoke with at an east bay sports bar say while they're disappointed by saturday's final but, they're still feeling positive. >> i feel like crap! because this is the first game and i am ready for game no. 2. >> they're putting more effort and i think that is shown on the defensiv

what i really appreciate is that the program is more of a long-term program. i think probably the minimum amount of time is six months and the maximum i think is two years. and the difficulty, i know that you may have, is the capacity to transition many of these young people to tangible opportunities. and also, what process is involved and just spending the time to get these young folks prepared to apply for job opportunities. so, i think that we have an opportunity here with this program to take it to the next level and having the trades and other labor organizations actively engaged in supporting your department in transitioning some of these young folks to long-term opportunities is definitely something that i'm hoping that you're looking at. and if there is something i can do to be supportive of that, it would be great because once the program ends, then i'm faced with young folks who are coming to me and saying, well, what do i do next? what's the next step? how can i get a job? and i think part of what we want to do is take the skills that they are learn

or when you have a little trouble a long way from home...an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> here's a story to warm the heart of the easter bunny this weekend. the creators of the world's largest gummy bears have a dilemma. they got so many phone calls and e-mails about their giant gummy collection that they actually had to turn some potential customers at least temporarily down. like the tale of the tortoise and the hare growing slow and steady may actually win the race. >> honestly, it was sort of born out of desperation. the whole thing kind of started as a joke. >> the world's largest gummy bear was only supposed to be a stunt. >> the first ones were made literally in my apartment. >> but the gag gift derek lawson made for his brother has since piqued the interest of millions. >> we started out by making one, selling one. we took that money and made two. took that money and made four. now it's grow