scott redler has just walked in. great to see you. thank you for being here. he's one of the best traders we know because you put it into regular language about what's happening. has anything changed between 3:30 p.m. eastern and 3:42 p.m. eastern? because sometimes we hit these markers. >> last hour is usually very important. what happened is they tried to retrace the decline a little bit, tried to bounce. there wasn't a lot of enthusiasm, wasn't a lot of power. now it feels like we are rolling down a little bit. the s&p is at 3234, low of the day is 3214. so we are not that far off the lows of the day. i don't think this bounce is going to get any traction. i don't think that today's low is going to be the low of the next few sessions or weeks. liz: really. >> yes. liz: do you expect that tomorrow, we will go down again? or some of the sort of bottom, you know, bottom feeders, not a lovely term, bottom feeders, will come in and say i think something's good here? >> i think traders came in today and tried to buy a bit. on thursday and friday, very faulty acti

scott redler in person, in studio. be still our hearts. you're going long on lyft? >> yes.e way we were involved with uber past month. i was on with kristina, we talked about you how good it looked. that had a major move. we're trying to play a sympathy move. uber announces on thursday. lyft is trading 48 1/2 dollars a share. liz: 47.99. >> i think it takes out 50, get to 54ish if they deliver on earnings. liz: if we look at the six-month chart you can see the real dip back in october. these are companies that are not going away. we try to let investor viewers know, pick up good companies going through difficult times. how do we even know that uber has sustainability when, it is such a young publicly-traded company? >> i agree with that. at this point this is really just a trade. i want to isolate something i think your investors can mcmoney with earnings. what i do with this, i go with options. i don't like to play a stock into binary event. if viewers want to buy 50-dollar calls for lyft earnings, didn't get caught in the ipo when it was 75 or 85, it is down 46% from thos