got the tech companies to place the interns.we're supporting the opening of college track in the bayview, which launches next week. we donate philanthropically and we're focus on prop e? >> you are for or against prop e? >> yes on prop e. i don't want to say who is registered to vote. >> who is registered to vote? >> please vote yes on e. if you are not registered to vote, please go to the sf city booth no. 29. it's on the right side as you walk out of the room and register to vote. >> and then vote no on prop e -- i mean vote yes on prop e. >> there is something that we want you to vote no on. no on the hetch hetchy proposition, which is f. >> is that a dam? >> hetch hetchy is an engineering marvel and some people want to mess with that. and we're saying don't mess with hetch hetchy. >> you don't drain hetch hetchy, which is the best water in the world. >> who likes our water? [ applause ] >> so keep hetch hetchy and no taxes. i have a quick question for you ron in the last-minute. you have this new venture fund that somebody w

texas tech has won it!dave: and somewhere in the pile is alex torres who caught the ball. >> kelly: going to get pressure here, and so kenny cain standing there is the man on the island as the route goes in behind him. you can see the step forward is all the room that's needed for the quarterback to find receiver. we've seen this three times and all three times it's ended up in the end zone, and -- and. >> dave: you remember what you said. >> kelly: what a big play. >> dave: several hours ago when we started? where's alex torres been today? he had that big game against oklahoma last year. well, he ends up coming up big. getting the winning touchdown here. >> kelly: well, he not only didn't get a touch until the deep in the fourth quarter. he didn't even get looked at until deep in the fourth quarter. there's something about the quarterback doege and torres that they hook up when it's show time. >> dave: what a spectacular football game. three overtimes and oberkrom with six field goals in the game and for t

tech. in 2007, the scene of the shooting massacre that killed 32 people. what about gun violence as the presidential candidates debate domestic policy on wednesday night? stay with us. >> this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we are on the road it on a 100- city tour. on the eve of the first presidential debate, president obama and romney are being heard to address -- urged to address the problem of gun violence. wednesday's debate takes place 10 miles away from the columbine shooting and 15 miles away from the movie theater where 15 people were killed in july. a new bipartisan ad created by survivors of recent massacres is set to air nationally. the aid is called "demand a plan" and features a man who survived the shooting. >> i was shot in the face and neck, but i was lucky. in the next four years, 40,000 americans will not be so lucky, because they will be murdered with guns. enough to fill 200 theaters. when you watch the presidential debat

these surface in avnet, the tech supermarket which has always been a solid part of the fall tech tradeusly this morning. or how about jay bill circuit? that's been a bedrock, but uncharacteristically has lagged the market horribly so far. i know i believe in this tech cycle. it has worked for me for years and years. but here it is october, right in the tech sweet spot, and it sure isn't happening. now i'm thinking maybe it just won't happen at all. the result, unless you have a very specific tech player that is taking share and taking names, here i'm thinking amazon and google, two of my hot stuff selections, and it might not pay to play the seasonal tech trade. in fact, it looks like it's become the most deadly trade of all. stick with cramer. [ female announcer ] the best things in life are the real things. nature valley trail mix bars are made with real ingredients you can see. like whole roasted nuts, chewy granola, and real fruit. nature valley trail mix bars. 100% natural. 100% delicious. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to

these surface in avnet, the tech supermarket which has always been a solid part of the fall tech trade but it blew up hideously this morning. or how about jay bill circuit? that's been a bedrock, but uncharacteristically has lagged the market horribly so far. i know i believe in this tech cycle. it has worked for me for years and years. but here it is october, right in the tech sweet spot, and it sure isn't happening. now i'm thinking maybe it just won't happen at all. the result, unless you have a very specific tech player that is taking share and taking names, here i'm thinking amazon and google, two of my hot stuff selections, and it might not pay to play the seasonal tech trade. in fact, it looks like it's become the most deadly trade of all. stick with cramer. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new p

. ♪ into a high-tech masterpiece?ver your business challenge, dell has the technology and services to help you solve it. whatever your business challenge, extra curricular activities help provide a sense of identity and a path to success. joining the soccer team. getting help with math. going to prom. i want to learn to swim. it's hard to feel normal, when you can't do the normal things. to help, sleep train is collecting donations for the extra activities that, for most kids, are a normal part of growing up. not everyone can be a foster parent... but anyone can help a foster child. >>> after still one more day where the market just got totally smacked around, let me remind you that sell-offs, even heavy back-to-back sell-offs like the yesterdays and todays are not necessarily a reason to panic. just like i told you yesterday, stocks are just like any other piece of merchandise. when they come down in price, they get cheaper. as long as the business is still good. and that means you need to view this pullback as an op

when mitt romney led bain, they saw global tech as a good investment... but a company called global tech maximized profits by paying its workers next to nothing... even knowing that the firm promoted its practice of exploiting... low-wage laborabo its investors. mitt romney - tough on china? since when? barack obama and the liberals already have. to pay for government-run healthcare, you'll pay higher taxes and more for your m medicine. and their plan includes a trillion dollars in higher taxes. even on the middle class. mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> live and in hd, this is abc 7 breaking news. [inaudible] >> breaking news is coming in washington.st seven residents were rescued by firefighters. people may soon be searching for e to wait -- to live. tom roussey has the first report of there. now live. >> workers are still out here up the scene t

touchdown texas tech. >> gus: 23 points.age now for the wildcats. >> charles: that gives bill snyder something else to tell his team they're going to work on and get a little bit better. y is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. just announced additional $750 bonus cash on a 2012 chevy silverado all-star. trade up to get a total value of $8,750. bonus cash ends october 31st. >> gus: 55-24 the score. that young man has had a great day. two touchdowns. winning always the most important thing for competitors. >> charles: we have to look forward now and not repeat what happened last season. i don't think it will for texas tech. it's a different ball club. just the attitude about them keeps coming back to this. i know the score disparity is huge. but they're facing one of the best, if not the best, kansas state in the nation. >> gus: world series coming up here

tech has been getting slaughtered. is this a temporary problem or something more permanent, more persistent happening out there? perhaps being caused by the decline of the desk top? the whole tech sector needs a checkup. no better place than avnet. avnet is the ultimate thermometer around. this company i like to call the biggest supermarket of tech on earth. the distributor of electronic components and one of the largest distributors of hardware. and they preannounced on the downside, the stock just got obliterated. more important, a powerful sign of tech's weakness, and today, the company reported, and avnet missed earnings estimates by a penny, they came in light, 8.7% year over year. and avnet's guidance, better than most people expecting. what worries me, avnet's weakness didn't come from europe, it didn't come from china, where many people are worried about the slowdown. the killer region was the americas. revenues down 14%, sequentially and year over year, ouch! now after they are taking out the trades, and i don

tech has been getting slaughtered. is this a temporary problem or something more permanent, more persistent happening out there? perhaps being caused by the decline of the desk top? the whole tech sector needs a checkup. no better place than avnet. avnet is the ultimate thermometer around. this company i like to call the biggest supermarket of tech on earth. the distributor of electronic components and one of the largest distributors of hardware. and they preannounced on the downside, the stock just got obliterated. more important, a powerful sign of tech's weakness, and today, the company reported, and avnet missed earnings estimates by a penny, they came in light, 8.7% year over year. and avnet's guidance, better than most people expecting. what worries me, avnet's weakness didn't come from europe, it didn't come from china, where many people are worried about the slowdown. the killer region was the americas. revenues down 14%, sequentially and year over year, ouch! now after they are taking out the trades, and i don

spdr, the triple q and tech stocks.hina and germany having strength in term of those country's etfs. >>> sharon epperson is track being the action up at nymex. >> gold prices are finishing down more than $20 right now, around $1,724. the good news though is that gold is closing here above the 50-day moving average, the $1,720 level was a key level of support. we did see gold break below several key levels throughout morning and really it is a lot of disappointment over what has happened in the eurozone, the eu summit really no real conclusion there. that's certainly weighing on gold. not only gold, metals across the board lower on this friday. back to you. >>> let's go out to the bond pits now. rick santelli tracking the action at the cme. >> today the market makes some sense. of course when we see the downdrafts in equities, many times your company buys some buying in treasuries, whether it is money moving in and out or a speculative knee-jerk reaction, either way, it is down a half-a-dozen basis points. you can see th

it's a busy week for tech companies. microsoft is positioning to stay in the gagdet game is out with its new windows 8-- designed to run on pcs and tablet computers. microsoft has new tablet to go with it, the surface tablet hits stores today..fs for $499. the samasung galaxy note 2 goes on sales today.. it's a phone and tablet- known as a phablet. it sells for $299. pre-orders start today..for apple's new i-pad mini. at 329 dollars, its pricer than tablets from amazon or microsoft. apple defended pricing this week, saying consumers will be willing to pay for apple's quality. here is what apple fans told us-- "it just seems like a rasonable price for the product." "i think it's really good that there's a segment of the population who'll pay for that (but you're not one of them) no." while the 'mini' is all the talk right now -- it seems there will soon be a glut of supply of older versions of the ipad. market watch.com is reporting that ipad re-sales are up a whopping 700% since the minis launch this week. the next gener

>> just in tech.when you recognize that for the city and what it means, we're well on our way and we're ahead of literally every major city in the state of california >> also what is the average salary on these tech jobs? >> they are very high. i think the smallest salary i ever saw was $80,000, $90 ,000 a year. >> tell me about your favorite of the 17 points? >> the first one i did was to make sure that i had the kind of technology advice that i need. so we're the first city in the country to appoint in the mayor's office a chief innovative officer, jane app, who is behind the work here today and jay is helping me cause a link that has never happened before with the technology companies. there are so many here and i need to talk with them and, in fact he has given me great advice to make sure every tuesday i do a tour of one of these companies. >> oh, great. >> so i have done that religiousy ever single week since i have been here and it's marvelous. >> every tuesday you go to a tech company? >> it's

the county trailing surrounding counties and high-tech firms. according to a 2009 report from the maryland department of planning, montgomery county has 4400 high-tech firms. baltimore 1700. howard county 1600. and prince george's, an estimated 1400. >> it's become a really good location. >> vocus has called prince george's home since 1992 and moved into this 93,000 square foot warehouse in beltsville last year. >> the reason we started here was, he was halfway between where we both lived. that's what brought us here. but what's kept us here is it's really a great area, provides attraction to a lot of employees. >> there are 700 employees in this building. 100 live in prince george's. the median income here at $70,000. ceo rick rudman says fewer high-tech jobs in the county is actually good for him. >> we get too many other big high-tech companies who want to compete with them, for employees, so for us, it's kind of nice right now being one of the largest, fastest growing tech companies in this area. >> the plans for this year was to hire 500 ne

the nasdaq is suffering right now as techs are moving lower.ntel, ibm, google, microsoft, and clearly this is the underperformer of the three major averages. >> there are only five nasdaq 100 stocks which is only 5%. they are sandisk, intuitive surgical, ori'reilly automotive. >> intel and and around 52-week lows. >>> we've got a food fight, and we've got maybe the coolest thing ever. >> ever. ever! brian schactman is the luckiest dude. well, look at him! >> this looks like an average water bike on the hudson a few blocks over. coming up on "street signs," why this might be the greatest toy on the planet. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime... tdd#:

i can see a larger defense play picking alliant tech.too much sense for this company to remain independent. i think it will be bought. alliant tech is too cheap to ignore now that major risk that had everybody worried about is a thing of the past. i think thecowen are correct. as much as we hope it's not the case, it's not like we're going to beat plow shares with the tinder box in the middle east getting hotter, not colder since the arab spring began. pam in massachusetts? pam? >> jim, i'm a first time caller and long time viewerment my question is about boeing. i've been trading it and it's been trading and it's $7 to $9 for the last two months. my questions are, is it being affected by the labor dispute of potential cut in the defense budget or just delays with the dream liner? do you see a catalyst near term to make it forge ahead? >> i would say that the research director of my company have gone over this boeing. we did it five times today. we do it two or three times every day. if i had hair, i would have pulled it out on this. i t

old tech traced at eight times 2013 earnings versus new tech with traced 15 to 20 times. bottom line, all about growth and margins. not seeing that this quarter, not seeing them meet expectations this quarter, why we are seeing money flow out of tech with an old and the new tech sector. back over to you. >> thank you very much, seema. matt chess love walked by me and said, i told you, we sell everything today. we will find out whether that follows through to the end. commodities also though, selling off right now across the board today. oil sliding to a three-month low, platinum down better than 30 bucks. sharon epperson at the nymex. >> a shift in the commodity space the last several days and particularly today, sue. we are looking at it starting, of course in europe, concerns about spain but really the focus is here in the u.s. and the earn eggs that we've gotten and what that means for global growth. not so great that's why we have seen oil prices, as you mentioned, hit the three-month level also seen copper at a six-week low. seeing silver prices at a seven-week low.

this is a collaboration between the clean tech open, unoodle, and nasa. it's a program from nasa's office of centennial challenges. and it's challengin the best innovators in america to create radical new energy storage technology. you know, way above what we have now. this is something very powerful, to be able to keep rovers going on the moon, in mars, things that could be useful, in your cell electric vehicles, something that just is a radical leap in new technology. but i don't want to go into a lot of detail on that. you'll hear more about nasa's efforts later. and what i'm going to do1r is ge a little more background on challenge-driven innovation. and i'm going to do that just by plaijerrizing some people because it makes it a loteasier for me. i want to look at this quote, prize is a very old -- an old idea that is surprisingly powerful in our modern society. this is by a study that by mckenzie and company, back in 2010. prize is a very old idea, very powerful in our modern society. surprisingly powerful in our modern society. mckenzie also said

when mitt romney led bain, they saw global tech as a good investment... even knowing that the firm promoted its practice of exploiting... low-wage labor to its investors. mitt romney - tough on china? since when? . >>> there is another controversial antiobama protest and same deal. the similar protests happened in centreville, virginia. in reference to clint east woods' speech. along the busy highway and many believe it's sending the wrong message. the couple will not apologize for their freedom of speech. >> it's not racist i think people need to grow up and be american. they need to integrate in this society and be americans, you know, read the constitution, understandow hard it was. >> they don't plan to take the display down any time soon. >>> the gay marriage fight goes viral in maryland and a psa from an nfl player. >> i'm ravens center matt burk. marriage is not easy. marriage is and should remain between a man and a woman ravens center declared his position coming after he wrote an editorial in the minnesota star tribune. the response comes one mo

christina attracting emerging bioand clean-tech companies. >> we have upwards of 30, 35 clean-tech companiesfremont. >> reporter: some policies that get them to come and stay here, tax cuts. clean-tech businesses are tax exempt for five years. so are new biotech start-ups. and bio companies that have been around, they get a two-year tax break. >> this location is ideal as we're growing rapidly, and we want to recruit people as well as retain the talent we have. we're riding a very exciting wave of a major transition that's already happening. whether it's the flash on your cellular phone camera or the light bulb in your home, or the head lamps on your vehicle, it's part of a revolution that we're excited to be a part of here. >> reporter: while fremont continues attracting new companies, helping those already here to grow and expand is also a priority. zrjb >>> continuing to see rain at this hour, and even lightning! this strike a few minutes ago hit over richmond. and we are seeing some heavier rainfall coming through with this particular cell. over the east bay, areas of yellow indicating m

when mitt romney led bain, they saw global tech as a good investment... even knowing that the firm promoted its practice of exploiting... low-wage labor to its investors. mitt romney - tough on china? since when? . >>> stop staring at your blackberry and iphone and look around. that is a message from a d.c. artist. it's to a unique project that might show up in your neighborhood. >> i hope you enjoy it. >> thank you so much. >> reporter: it's not every day that you get a hug from a stranger and these two are connected. by the snap of a camera and the stroke of a brush. she's a d.c. resident and portrait artist and came here a month ago and took the picture. >> and he is the character. >> reporter: she captured him in an art environment. >> it's offensive and that is showing what people are talking about. >> reporter: she returns the finished painting to the place she met the person and a colleague spotlighted it. >> someone dropped off the painting and looked like me. >> reporter: the portraits are popping up all over up to and one is leaping off of a dum

should you just stay away from tech? let's go to jackie deangeles, the host of an online show on cnbc.com called futures now. >> the online show is burning up the web. more on that in a second. the apple sell off created technical difficulties for the nasdaq. just moments ago the nasdaq 100 breaking below the 50-day moving average and apple of course making up almost a fifth of nasdaq 100 which raises the question will apple tank tech and is the best earnings move to short the nasdaq? let's talk futures. rachel is at the cme in chicago and anthony is at the nymex in new york. anthony, start with you. >> you can make a case that you want to sell both. yes, the nasdaq is weighted more in tech, so the case is apple does have headwinds. the iphone 5 initial sales were great and now they're not so great. this he have problems in the fox plant and tablet, the smaller tablet has a lower margin rate. it is really do you think teches will get harder than the broader market and that's the play you have to make. do you sell the nas

weakness in tech, obviously, today. the triple qs, nasdaq 100 really seeing the most weakness of any of the major sectors. there's your power shares. sectors today, if you look, the tech sector is where the real weakness is. elsewhere, consumer staples, health care, materials, fractionally lower, but not any tremendous moves. what really brought the market to the lows of the day, the euro just kind of fell out of bed about 25 or 30 minutes ago. there's an intraday chart of euro. euro down, dollar up. that usually moves our markets. back to you. >> all right, bob. thank you very much. well, what a day we're having here. about 50 minutes left in the trading session here. the dow off the lows. we're down 19 points right now. >> stick around. there's a lot more to come on this busy thursday edition of the "closing bell." >>> more on the story of the day. if you google the word "oops" right now, google comes up. the mistake, the fallout. it's still developing, and we have the story. >>> and our search for spicy software stoc

♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece?ur business challenge, dell has the technology and services to help you solve it. in america today we're running to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025, we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ how did i get here? dumb luck? or good decisions? ones i've made. ones we've all made. about marriage. children. money. about tomorrow. here's to good decisions. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. bp has paid over twenty-threebp billion dollarsnt to the gulf. to help those affected and to cover cleanup costs. today, the beaches

is the problem and i am hearing about that but only tech is the opportunity. that's what the strand is about. we want to keep these kids. the strand is important way and direction in that and i support act and let's and thank you and yeah go giants . >> any additional public comments? oh i thought there was one. >> good luck with the strand theater and also retirement linda here. 31 years is a long time to be working here and we appreciate you there. give our regards to the strand theater and tell them you will make it better planning. i know you will. this strand is your strand. this strand is my strand from all the city to everywhere there. from the city ocean all through the bay view this strand was made for you and me. [applause] >> is there any additional public comment? all right. public comment portion is closed. commissioner antonini. >> thank you. this is a wonderful project, and i was greatly appreciative of a visit i had and i got to see this picture of the great white way and it made it to the screen and i don't know if we had technical di.s before

when mitt romney led bain, they saw global tech as a good investment... even knowing that the firm promoted its practice of exploiting... low-wage labor to its investors. mitt romney - tough on china? since when? >> we are back with talk about a tax. >> whether they should pay back of their paycheck to the city. sam ford has more on what to get back.t but i do not understand what is on in this place. >> i do not understand what is going on in this place. >> the council took up several e revenuegetting mor workers, since d.c. prohibited from taxing residents. new-ill would provide all to give back 4% of their salary. >> those dollars within our city. if you go to ask the workers, it "if you live in d.c.?" >> i live in maryland. i have been in maryland all of my life. of the city's 31,000 58% do not live in the city. one worker moved to maryland h his new wife. i was born in d.c. >> he was not at the hearing and those that were read council the riot act. >> we, of course, want to hear the public. do not affect our ability to people and retain them. >> in no

virginia tech its first lead of the game. hokies score 41 unanswered and beat duke 41-20. >>> heisman helpful gino smith at number five west virginia visiting texas tech. red raiders leading 7-0 when seth doege hits eric warden back of the end zone. texas tech 14-0, upset alert. third quarter, red raiders up 35-7. doege far from done. a 29-yard scoring strike to darren moore. doege throws for six touchdowns, career high 504 yards as texas tech hands west virginia its first loss of the year. red raiders win 49-14. >>> howard falls to north carolina, [ woman ] ring. ring. progresso. i need your help... i just served my mother-in-law your chicken noodle soup but she loved it so much... i told her it was homemade. well...everyone tells a little white lie now and then. but now she wants my recipe well...i'm not at liberty to give that out, but we do use tender chunks of white meat chicken in an herb & spice broth. come on that's it? i need the recipe. you gotta help me out! [ clears his throat ] [ softly ] she's right behind me is

the number one tech disappointment, 3-d tv.ices are flumting because -- plummeting because buyers are shunning these tvs. auto makers are scanning back plans for electric cars because of the lack luster response. >> mobile wallets, where you pay with your smart phone. >> reporter: a big reason tech products disappoint, the support system is not yet in place. mobile wallets will be the future, but most stores are not ready to handle them. trying to pay by phone today? you'll probably say doesn't that ic cars need fast charging stations and 3dtvs still need awkward glasses which most people don't want to wear. >> if it's new, different and somewhat expensive, it's sometimes best for a friend or neighbor to get one first. then kick the tires and see what you think. that way you don't waste your money. >> we're continuing to push off to the east tonight so even the eastern shore. now you're clearing out from what have been some on and off showers for the bulk of the day. the rain cleared out more quickly on the west than the easter

i guess you've got to include google as a tech bellwether such as it is a tech meteorology company. >> yeah. and the interesting thing, too, tyler, when you think about over the last six weeks, both google and apple investors were clearly very excited about their prospects. both of them hitting massive all-time highs. well above $750. apple was the first to kind of break and go into correction territory. and now we're seeing google. so it will be very interesting in terms of tech investors whether that is going to's a bit of the momentum out when you have these two massive stocks that had really been leading the charge now. a lot of investors kind of taking pause. >> okay, bertha. thank you very much. we'll get back to you in a moment. >>> let's get analyst reaction to google from ben shatner. he joins us on the news line right now. ben, what do you make, one, of the botched release, but, two, perhaps more importantly, the report itself and the miss? >> first of all on a botched release, it is always surprising and disconcerting and i think the market obviously reacted to that. on the

and tech announcements. who had the best week? investor ryan jacob, who is the big winner? >> well, you know, we were still positive on the apple launch. i know people are disappointed with the price point of the mini. but for a product that's clearly superior to the low-end tablets, it's a very attractive price point for people that had wanted to buy ipads but weren't willing to shell out $400, or $500. >> are shares at an attractive price point? >> we think so. still trading at ten or 11 times earning even though their growth has slowed. apple conservatively should grow revenue and earning 20% to 25%. strategically nothing has changed with apple. >> why has apple lost $100 a share in the past month? >> you know, near term it's difficult to predict. you know, in terms of investors' expectations. so you know, apple, you know, is cheaper than it was obviously at $700 a share. and we think that even though they're going through a product transition, margins dipped a bit, you know, with all of these major produ

what's going to be the next big thing in tech? what do you think?" > > i think given the fact that we are in this really slow or almost no-growth environment, that next big thing may not be as big as apple and some of the other names. innovation always occurs, but as we get further along in the ride, obviously, the upside gets a little bit less, so we can take a look at a stock like facebook and others to perhaps show us that not only does the upside get tougher, a lot of times there's downside involved too. so, trying to find the next apple i think will be tough over the next couple of years. i personally think i'm better served going into what we see working here, mercs and lilies paying a decent yield with some slow steady growth. > > so we need to be boring for a while here? > > boring is good and boring doesn't get hurt if we do have any kind of correction going forward. > > good to have you on the show. that's tim biggam of tradingblock. thanks tim. > > you bet. thank you angie. we are out of time for today. coming up tomorrow, it's movies and

the tech trade didn't happen. the fourth quarter tech trade didn't happen.ou're sitting here thinking the two largest groups in the s&p. >> right. >> and they're not doing well. finance is inexpensive, tech looks like a value trap. >> not good. not good. >> no, not good. >> i've seen a little nuance -- >> periodically, like you, i'm constrained by the facts. you're 100% constrained by the facts. meaning that i think that when the federal reserve is printing money, you're betting against -- >> there's no constraint. the truth will set you free. >> i hope it isn't our bite -- let's go into it one particular way to look at this. the federal reserve wants you to buy dividend stocks. these groups don't have good dividends, although intel finally does. and the federal reserve is in charge. there's a lot of people -- the purists will say that's ridiculous. purists, there's no room for purists. i mean, there's only room for the federal reserve telling you to go buy. you don't like this one, then just go buy drug stock. the federal reserve wants you in, the cd rates

♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece?challenge, dell has the technology and services to help you solve it. >>> welcome back. tough market today. we have breaking news right now on citi. let's get to kate kelly at headquarters. >> thanks so much. confusion seems to be reigning this week. this happened in an informal conversation of board mens right after pandit resigned, i'm told. the job is not something he apparently wants to pursue right now. and now it appears that global consumer banking chief may get instead. at the same time, citi is considering doing away with that post altogether. that president coo job. nobody seems in a rush to organize the moving parts. >> very interesting and a lot of moving parts there surely are at citi these days. >> wow, all right. thanks so much. >> it, of course, has been a bit of an ugly day on wall street on this 25th anniversary of black monday. selloff today. nothing of that scale, but on a scale nonetheless. we have a big selloff on our hands after a good week. let's look at today's

are you worried about tech? >> absolutely not. there's components of tech that will continue to struggle. anything related to pcs. the hardware. you talk about ibm, look at the hardware revenues, they slipped under $4 billion. what does that tell you about what you will hear from hewlett-packard and what you will hear from dell in the next couple of weeks? going back to the semis, i think you divide the conversation and the investments between the pc and the tablet. take a look at a name like s sandisk. i own sandisk. you're going to get a very strong core out of sandisk. it's tied to the tablet. don't be tied to pc. >> wasn't only a hardware story for ibm, services sector being weaker than what they thought it would be. >> and it was also a geographic problem. the slowdown in september in the united states is troubling for ibm. i agree with pete. because of the amount of capital this they can allocate giving back to shareholders, i like ibm here around 195, # 0200. >> josh brown, what do you think of technology today? >> the tech

critical test for that struggling tech giant. and its ceo, steve balmer. >>> the third and final presidential debate tonight as a new nbc news poll shows that the race is a dead heat. a make-or-break moment for the candidates with the election just two weeks and a day away. >>> and it is a make-or-break proposition for millions of americans, saving for retirement. we've got $3.5 trillion worth of advice now on how you can catch up if you're a little bit behind. >>> let's check in now first with sue at the nyse. >> hi, ty. stocks beginning the week on a down note. that follows last week's big sell-off. still some fears about corporate profits persisting out there but we are seeing a bit of a rebound in technology which of course was key in last week's sell-off. we'll see whether or not it can maintain its leadership. bob pisani joins me on the floor of the nyse. not unexpected that we would continue to see a little bit of selling but it certainly doesn't have the pressure build-up. >> are we at a bottom in earnings at all. it's st

mayor lee, you quoted the tech industry pretty heavily during your campaign. i do not know if it is properly referred to as an election campaign or a reelection campaign. you formed a task advisory committee at that time. i am not clear if they are still in existence, and if they are what advice you are getting from them. >> it is very much in existence. sfcut -- sfcity is a group of 100 technology companies who have formed a new relationship that is almost considered to be a technology chamber of commerce to advise us on a number of things. they set out, consistent with my priorities -- they wanted to start creating not only jobs they are already establishing, but post them in a way which could be reached out to all san franciscans who wanted those jobs. that was the number-one thing they did. the second thing they are hoping create is unemployment training center, where the skill sets of this technology companies are being identified. that still set will be the center of that training center. the employment training center -- they are finding themselves. the

virginia tech rallied from 20- 0. they beat duke 41-20. >> don't go away, because coming up, rg3, he was knocked out of last weekend's game, but will he make a comeback against the vikings tomorrow? we'll hear from robert coming up next. stay with us. are you ready ? share everything by turning your smartphone into a mobile hotspot for up to 8 wifi-enabled devices at no extra charge. like the new droid razr m by motorola only $99.99. >>> welcome back. the redskins have a big job tomorrow, to snap a home losing skid. he has been listed officially as questionable to play. even though it does appear he will be a go against the vikings. and griffin was limited in wednesday's practice, but took more of a workload thursday and friday. griffin spoke with the media on wednesday. he said he expects to play, teammates have said he seems like his normal self. griffin reported no concussion- like symptoms after practices this week. maybe next time around, rg3 will slide to avoid the hit. >> the one thing i learned, i can't do tha