first of all, i think this is a little moment of pause we should take and give ralph acampora some kudos okay? because in the middle of the downdraft and the selling, ralph has been bullish and sticking to it, you're right, ralph, thanks for making our viewers smarter on this. i want to ask you about this. the deja vu that i'm talking about? when the market crossed 10,000, you got a little red corvette with 10,000 on the license plate? >> 1997. my first target was 7000 and everybody thought i was crazy. that's when i got the corvette and then i raised it to ten. you and i took a ride in that car. >> that was fun. >> here we are at 14,000. you were right and like the leadership. this leadership, banks, economically sensitive, not so much technology, what do you think is going to be the leadership this year? >> well, it ended last year with the financials coming on strong. maria, i think that's just the beginning of -- of the -- of the move in financials, and i think -- i think technology will play a game of catchup. it's quality. quality leadership, and that's so very, very important. i k

ralph acampora, you've been calling for all-time highs. i mean, we're trying here, but aren't we due for a correction of some kind at some point? >> you know, everybody's worried about the correction, and i think the market is handling the situation in a very orderly manner. i am very, very impressed. we have our up days and pull barks, but i don't see anything to warrant major concern here, bill. >> let me ask you, ralph, in terms of the leadership of this market. are you expecting the leadership to continue to be what it has been in the last year? mean, we're looking at the financial etf doing very well today, money moving into banks in a big way. is that going to be the group that brings us to the next high for this market? >> yes. i've been very positive on the financials, the industrials, health care. i know they have had a good run earlier, or i should say later last year, but, no, the momentum is still with those sectors. >> carol rorkts you had been skeptical of this market last time you were with us. you said you were willing to g

. >> i learned from ralph acampora the master years ago, never short a boring market. >> absolutely 100%rue. >> but we've gom very far. >> exactly, and most professionals will look for it to buy back and rather than buy it you buy protections. the way most guys are playing it right now. >> you're not buying anything. keep your powder try and will have a chance to buy them cheaper, i don't know when but soon. >> we're all waiting. >> going out with the dow down 8.5 points. the s&p and nasdaq finishing slightly positive. stay tuned. more on the carnival cruise nightmare and james grant joins us to talk to us about why he thinks interest rates are going sharply higher. >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor. new york stock exchange. thanks for joining us. market mix on a day that we saw a flurry of m & a action. the dow jones industrial average down about 8.5 points. close but new cigar. kept trying to reach the positive territory but did not close there. the nasdaq and s&p held