joining me now, traders kenny polcari and scott redler. scott, how much conviction do you put in the reversal that we seen over the past few hours, and for that matter, what lloyd blankfein is saying? >> well, let's just put it in context, because talking about conviction on different timeframes, the reversal in the last half hour is constructive but really it was a reversal on thursday that caught my attention. remember we talked about 30, 50 and the s&p cash as a spot, 20% to maybe cover some short, dip your toes in a little bit, so that was thursday, friday we have follow through. today we wanted to see , do we digest or do we fall apart and as of today, as today's actions pretty constructive, obviously we don't like any names leading because that means oil is higher and it's not great for the consumer, but overall, the over sold that started on thursday, i think you still continue to about 4,150 and still be in a recession in two quarters from now, but there are different ways to make money as the market trades. liz: okay well tell me h