david: mike mcqueen, energy stocks are the best performing sector today.e folks say it's time to go in and buy. they've gone down about as far as they're going to go, other people saying, wait a minute, there are literally people that are waiting for bankruptcy saying you've got to see that kind of blood on the street before you go in. what do you saysome. >> you know, i don't think this is the time to bottom fish in the energy sector the. i think it's the time to take advantage of the low energy prices. that's the big tailwind behind the consumer. i'd focus instead on the consumer discretionary, personal technology, and i would let oil and energy set for a bit. david: when would you go into oil? >> no, you know, i think it's going to take a little time. i'm not a it can call analyst, but i think you've got weeks, if not a few months, to find an entry point. why rush into any damaged sector like that? it's never made sense in the past. make your shopping list, take your time, be prudent, and it'll be a play for months to come. david: good point. liz: micha

mike mcqueen by the way, what do you do with the energy space, quick last question, a chevron with a big move it made today. what happens next? especially for people who have been in these names for the income? >> well they are still a great source of income for most people, but i think you have time. i think they will be uneven in the bottoming process but we're looking to raise our exposure to equity in the coming weeks not immediately. if we put in a bottom it's a place where investors will have an opportunity for two or three weeks or maybe a month or two to scale in and then he will be glad they did come end of 2015. >> thanks everybody. appreciate it this hour. have a great weekend. we have 45 minutes to go into the close. >> and the dow is down 146 so we're heading back down towards the lows of the session as of course, we enter a period where they start looking to match the trades at the end. >> up next an apple watcher back on tuesday told us on "the closing bell" the stock would hit $120 by today. well, guess what? earlier it did. it touched $120. apple was trading below $1