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paul hickey, bob doll, thank you for being with us. talk to you soon. >> thanks. >>> still to come, moffat nathanson arguing your valuation is wrong when it i comes to software find out why next. "tech check" is just getting started. >>> let's get a check on uber. two stories here suggesting that perhaps tight labor supply could be easing. first, according to an interview with the "ft," global driver supply is 70% year-over-year they say that there is no driver shortage anymore the company announcing a new return to work guidelines, requiring employees to be in the office two days a week, tuesdays and thursdays, beginning november 1st uber drivers and corporate employees are back in the cars, back in the office the other side of this, though, when we look at uber, we always have to look at lyft i texted them this morning to see if they were finding the same driver supply issues. no answer back this is a company worth less than $5 billion, lyft they've held up well, but they're coming from much lower basis. they have not even come close

joining us now paul hickey from bespoke investment group oh, you party pooper, paul why do you say this? >> well, tyler, i wouldn't say i'm a party pooper here. all we're doing here is comparing the characteristics of typical bear market lows to the current period and what we highlighted at the time a couple weeks back was that the last legs of a bear market from all-time highs are typically very violent and they inflict a lot of pain. so you tend to see a real sharp decline on the way down. in the last six months they tend to decline over 20%. in this current period, the october 12th low, we declined 14%. the the three-month decline was also much milder than average it's only the one-month decline that was in line with the historical norm, so to speak so just pointing out the fact that bear markets are typically violent. this one wasn't necessarily violent. the other thing about bear market bottoms, though, which is important to remember is the low is -- there's usually a small window to get in in the current median amount of time that a bear market low trades within 5% of the ultimate

joining us now, paul hickey from bespoke investment group and mary phillips from dimension nam.e stats guy, when was last time we saw an intraday reversal like this quite a wide range. >> yeah, so i mane, ean if you at days where we opened the day down 2%, there's been four other days it happened twice, 1997, the fourth one's escaping me over the next week or month, if the s&p was higher all four times one week later and one month later. so that's something to be encouraged about as we near the end of this day. there's only a little time left in the day, but we've seen the market has a way of moving a lot. we'll see what happens by the closing bell. >> i knew you would have a pearl of wisdom there about what happens next mary, over the next week and month, we're going to get a lot of earnings, and that could be the next driver until we get another inflation report and a fed meeting. so far it looks like the market is reacting, i don't know, in an orderly way to earnings down on the negative preannouncements. delta had a good number up today. what do you think we're going to see