the problem is not high-frequency traders. the problem are regulators, regulations, exchanges like i've mentioned as well as different risk management and compliance tools to help control what goes wrong in the high frequency space. >> you tell me that high frequency traders are a by of book market participants like everybody else? what about the issue of quote stuffing or the issue of jumping aahead in the q or the exchanges themselves allowing high frequency traders advantages that the little guy sitting at home watching you on television today does not have? >> let's understand two things. there's two types of high frequency traders. guys that post liquidity to the marketplace and guys like what i do is take liquidity. the guys that post liquidity, one stat i look through is understanding over 98% of quotes on the bid and offer are not real. you're correct. the guys posting liquidity in the marketplace should not be -- should have rules against them to not be allowed to post that kind of liquidity. >> i've never heard that p

thank you for having me all right lisa shepard why should the u.s. kill high frequency trading as you recently suggested in the pages of forbes magazine ok let's let's get our ducks in a row and think about what we're talking about here we're using high frequency trading as a shorthand for some practices that the exchanges allow and the f.c.c. sanctions that algorithmic traders are using so it and so we have to sort of keep in mind the s.c.c.s. rule in the whole mess and the promise of my piece is that. we can't really. leave the job to the f.c.c. to stop this part because they created it now we have in the united states lots and lots of markets they are all aleck tronic and the f.c.c. want to them to be that way we've this has been a sort of thirty year process to make the markets all leck tronic so computers are doing the trading but because we now have a zillion little markets we have more than fifty little bitty markets and we have fourteen exchanges none of them have. have enough depth of volume to sort of really act like the new york stock exchange which

a neat sky out there with some of the high ds and the sunshine. by noon 64. a mix of sun and clouds all it shoulbe a nice day. highs could be approaching 70 with enough sunshine. andrea? >> all right, howard, thank you. >>> here's a check on the news before you go. following last night's debate, president obama will spend this day campaigning in swing states of -- in the swing state of ohio. republican nominee mitt romney will hold rallies in chesapeake and leesburg, virginia. >>> an earthquake shook new england early last night. the 4.0 magnitude quake hit three miles west of hollis center, maine. it was felt in vermont, new hampshire and massachusetts and as far south as rhode island and connecticut. >>> our time 16:55. -- is 6:55. >> one final check of traffic and weather when 9news now continues. >>> 6:58. welcome back. chilly this morning, 30s and 40s. we'll make a run toward 70 with a mix of sun and clouds. the likely time for rain will be tomorrow night and out of here by early friday morning. looks good through the weekend. >>> medevac helicopters left

we are well off the highs of the day. for this market. >> so is the start of a big fourth quarter rally or not? or could october turn into the horror fest we've seen in the past for the bulls? with us, our friend, gordon, cnbc market analyst from rosenblat securities. we've lost altitude going to the close. what are your expectations for this month that usually has a cloud over it and for the fourth quarter? >> yeah, bill. we've been getting around 14, 16, top heavy at that level on the s&p. notwithstanding, bill, this is a performance -- as clear as any as i've ever seen. look, last year they took them and fell back and guys long only hedge funds were reluctant to get caught again. this year they're in trouble. you find these guys now struggling to buy the dips. they've got to get invested in stocks. >> right. >> and beyond that, bill, we've seen tremendous appetite for corporate issues that have come out. so september was a record month. so what does that translate to? all these companies are going to have excess capita

the applicant premises is located in the high-crime area. this premises is located in census track 117. on-sale license authorized by the census track is seven. active on-sale licenses, 93. the applicant premises is located in an undue concentration area. one valid letter of protest was received by the abc. no record of letters of support with the abc. there's no opposition from tenderloin station. the police department recommends approval. the following conditions have been recommended to the abc. number one, sales, service and conception of alcoholic beverages shall be permitted only between the hours of 9 a.m. and 2 a.m. each day of the week. the sale of beer for consumption off the premises is strictly prohibited. loitering, defined as to stand idly by, linger aimlessly without lawful business is prohibited on any sidewalks or ai jay -- property adjacent to licensed premises under control of licensee as depicted on the abc257. no noise shall be automobile beyond the area of control of the licensee as defined by the abc 257. petitioner sha

the forecast tomorrow, 50-54 the high. the disturbance passes to the south, but it will be strong enough to push moisture up from the south and give us cloudy and won again/off-again reconditions tomorrow. north, northwest wind at 5-10. not the best of days. the insta-weather future-cast, the moisture coming up from the south during the day tomorrow, right about game time, tomorrow afternoon, evening. then things clear out. for the game tomorrow evening, looks like it will be chilly, temperatures in the 40's, the rain finally ending tomorrow night. monday, perhaps a sprinkel, 50 the high, the morning low 39. the morning low tuesday, 37. >> we may be wearing jackets, but we are ready for the yankees. >> this team has defied the odds. who says they cannot do it again? hear what buck showalter says about his bunch of overachievers when we come right the orioles did a lot of celebrating last night following their wild-card win over the rangers in arlington, but now it is time to focus on the yankees. weather permitting, game 1

close to the high for the day. by 8:00 we're back down to 49. another night with lows in the 30s and 40s. it is also a special night for the little ones and not so little ones. your trick or treat forecast -- i went through that too fast. let's just look at it again, right? we have mostly cloudy skies tonight. could be a stray sprinkle. it's going to be cool, low 50s with windchills, though, in the 40s in spots. so you are really going to need to bundle up if you're going to be outside. we have snow falling in south central pennsylvania and especially the high country here in west virginia. there had been spots in garrett county seeing 26-inch snow totals. i've seen even higher than that across the mountains of west virginia. you'll see hagerstown north and west to cross junction in north frederick county some light sprinkles. we've seen some near strasburg and the culpeper area. this is fairly light. baltimore is 41. easton 42 while winchester is 37 this morning. when you factor in the winds, we've got windchills in the mid- to upper 30s to low

. >> the other man is now under arrest. >>> administrators at piedmont high school just found out what many students have known for years: some of the school's top athletes are taking part in a fantasy sex league based on fantasy sports, varsity male atmosphere draft unsuspecting female students and earn points based on their sexual activities with those girls. the principal is holding a school assembly today to address the situation. but he says no students will be disciplined since no one was identified by name. >> this is morally not a right thing to do. and it's pretty disgusting. whether it affects your college application, you asked for it. >> school administrators also expect coaches to facilitate discussions about integrity and sportsmanship with student athletes. >>> well, nothing gets a weatherman more amped up like first rainfall. and we got it today. >> especially early this morning. are we out of the woods? let's check in with meteorologist lawrence karnow who is loving it. >> did i seem that geeked up? i was. we saw rainfall coming in now scattered showers tapering off th

the n.y.s.e. for letting high frequency. raiders have information ahead of sending the information to the consolidated tape the f.c.c. wanted to create a situation where you had lots and lots of markets because they thought the competition would give you better prices that's sort of not really necessarily happening but they've they've created this monster and i think that they they they couldn't really predict the consequences of what they created remember that one of the things they wanted to do was smash down spreads to nothing we have succeeded in doing that so much that really the only people can make money in the markets are high frequency traders who are thought to be making only one basis point that's why when we talk about financial transactions taxes of a basis point or more we figure well if this is their profits then we can knock them out with a transactions tax of three basis points or as the european union is talking about ten basis points let's talk about another issue here hide not slide orders what's that all

is the high-speed trading profit machine slowing down? ording to "the new york times," profits this year are expected to be down 35% from last year, and 74% below the 2009 peak. is this a sign that man is gaining an edge over the machine? murph, you have two different issues here, right? it's not as if high-speed trading is having less of an impact on the markets. it's just those particular firms may not be doing as well if you look at the trading volumes which have been down for a long time. there's a lack of volatility in the markets as well, and some other factors. two separate issues here. >> right. i think the key here on the high frequency trading issue is that a lot of people were saying for the longest time there was going to be -- you had to regulate it, tax it, do away with it. high frequency trading is here to stay. it's not going anywhere. so as someone who is running a long/short fund we have to figure out how to compete with the machines. right now i think what you're seeing is a lot of smaller guys getting their margins sque

it is the last remaining one. it has a very highevel of quality. >> the activists also contend the decision to destroy the mural was made in a private meeting, not public, like the law requires. >>> the bay area is an epicenter for stem cell research drawing scientists from around the world. and now some of the most advanced labs are opening their doors to scientists of tomorrow. abc7 health and science reporter carolyn johnson has more. >> when irene medina returned to high school this fall she had plenty of stories to tell about her summer job. >> i did my first surgery in iraq. it was interesting and exciting for me. >> instead of flipping burgers , she was helping researchers at ucsf understand brain function. it is helping newborn infants survive brain traumas and other injuries. >> i started thinking, what they are doing is something great. >> across the bay at the university of california, they were doing great science too working on a study that could some day help human muscles regenerate. >> we saw improved muscle regenera

in the upper 50s to 60 degrees. 53 for a high on monday. 47 on tuesday. this is important, rather windy with that cold air. wednesday is halloween, of course, temperatures of 54. i have to throw in the s word, possible snow? it's possible. nothing accumulating, but i wouldn't be surprised to see some anncr: it's said that character is what we do... when we think no one is looking. mitt romney: believe that they are victims. anncr: mitt romney thought no one was looking when... he attacked forty-seven percent of americans. his companies shipped jobs overseas. his plan cuts millionaires' taxes, but raises yours. he'll voucherize medicare... and make catastrophic cuts to education. so remember what romney said... and what his plan would do. president obama: i'm barack obama and... i approve this message. people prepare. >>> coming up in sports tonight, maryland's new quarterback spreads his wings against the boston college eagles. >>> carol begins tonight with the terps. >> that's right, we have the win lose and draw version of the

the applicant premise is located in a high crime area. the premise is located in census track 176.01, population for this practice is 7630, active on-sale licenses are 75. off-sale license authorized by census track is 7, active off-sale is 10, active premise is located in an undue concentration area, as far as letters of protest, there are no records of protest with the california department of alcoholic beverage and there is also no record of support with the california alcoholic beverage control. no opposition from southern police station, the police department does recommend approval, the following conditions have been recommended to the kol foreign ya department of alcoholic beverage control, number one, sales, service and consumption of alcoholic b*efrnls shall be premed only between 4 p.m. to 11 p.m. sunday through thursday and 4 p.m. and mid night friday and saturday evenings. number two, the sale in serving of alcoholic beverages shall be limited to ticket holders only during and two hours prior to a bonafide theatre performance o

right now the dow is up 84 points off the highs of the session.s risen as many as 100 points early in the day. health care, consumer discretionary among best perform be sectors today. telecom, after last week's huge declines, they are the laggards again today. health care hitting the highest level in about a week right now. on the eve of news corp.'s channel shareholder meeting, scheduled for tomorrow, two of the company's most powerful shareholders are looking to give rupert murdoch and his sons the boot. >> the california state teachers retirement system, say they want rupert out as chairman and they will not vote to re-elect murdoch or his son it is to board. is it possible to oust the family from a family-run company? >> let's talk about that with vasili, senior media analyst and matthew ha matthew harrigan. you're not buying this, are you? >> it is, after all, a family-controlled company. they control 38% of the voting power. previously there were attempts like that. i think last year we had a lot of noise going into the shareholder meeting a

here in tokyo, 30 is the expected high. meanwhile 26 in taipei as well as in chongqing. 33 in bangkok. heading to the americas, high pressure is keeping things dry and clear across the u.s. and into canada. there is going to be a system bringing in some moderate rainfall into b.c. that could turn over to mountain snow in the upper elevations. let's head east, though, because we have a bit more serious conditions here across the southeast you're going to be seeing intense thunderstorms overnight and in towards monday. that severe threat will head into alabama. and if we follow this snaking front through the atlantic and up into canada and new england, you're going to be finding strong gusts and heavy rain here today as well. so all the action out east. temperatures are going to be season l. taking a look over to the southwest, however. we have this heat sitting in southern california. okay. into europe. a large system dominating the northwest. this has been bringing some really strong storms through the british isles. now, th

the high clouds happen on the increase over the next few hours you can see the satellite perspective re with a big batch of high clouds moving into northern california. so most of the bay area right now reporting partly to mostly cloudy skies. today you may have noticed the cool down if you were coast side with that persistent fog bank. keeping temperatures down into the lower 60s. but lots of 70s for the bay. santa rosa in the upper 70s at 79. for tonight mostly cloudy skies. the low clouds and fog will continue to develop as well. tomorrow for your monday some morning cloud cover. we're going to begin to bump up those numbers and the extended forecast. this is developing wet weather headlines. 70s, 80s a few neighborhoods approaching the lower 90s you will see the two days that will be happening this week in a little bit. first thing tomorrow morning, chilly out there. watch out for patchy dense fog that could affect your visibility coast side and into the bay. your monday temperature. >> chris: start in the upper 40s to lower 50s. for your monday not too much changed. morning fog a

and then what about at the high frequency trading because you've really seen it from the frontline so what's been your role in monitoring that. part of what we do for a real sense of service is not a sort of you know a second by second because i was looking at it from many different angles and we have some of these changed it's for example one example opened up within seconds something was wrong which is a lot less than it took knight capital to. people argue way too long to figure out what was going on now you watch markets very closely you've been watching high frequency trading for a year or so when did you really see it take off because i know i've been told it kind of started to get its worth around eighty six but when did it really explode in july the seven words the first occurrence we started seeing these new algorithms that were lasting lots of food orders in the morning and then when did you really see the volume any amount of high frequency trading take off. well of the house pretty much was the birth. never really have an acceleration period it was pretty linear from there

when we talk about the high water rises, ten-foot waves expected on the chesapeake bay tomorrow. hree feet above average. you've got high tide time coming into ocean city at 8:25 this evening. with the monacacy 17 feet. showers just not heavy. with much rain and wind by 5:00. jim, pat, back to you. >> thanks, veronica. >>> hours of wind and rain and trees have left trees falling. the wind and rains, rather, left the trees falling. if you have not already prepared for this storm, you may have to weather it out. with items that you have on hand. >> that's right. pat collins has been exploring in montgomery county. he's on i-270 in rockville with the latest. pat? well, we lost him. he's got his gordon's hat on. we saw him at giant earlier. >> reporter: across the road, into the wires, into marina krause's honda car. >> the power went out. we just went out to see the homes are dark, and we see the car is covered by a tree. >> reporter: your car? >> this is my car. this was my car. it's okay. nobody's in it. so that's a good thing. >> reporter: no public works crew here. no 911. just s

the rivers are high, streams and creeks. i know i've been talking about the monoksy because that's going to be 10 feet above. the petomic is going to have moderate to major flooding up in the fred -- frederick area. that's due to the heavy, heavy rain. from 7.5 inches in prince frederick, winchester over 4 inches. bowie 5.2. we had about 5.5 at reagan national. that was a record for the day. we've been running a deficit of 8 plus inches recently. that deficit is now down to 2.5. one thing tropical systems do is relieve drought conditions but do it too quickly. big circulation. the actual center circulation is up here according to the hurricane center. they're still classifying this with 65 mile an hour winds right around the center. end -- i think that's kind of generous. we have the snow in the mountains especially above 3,000 feet. we could have more than 20 inches of snow. our rain is really coming down here this morning. you can see lots of areas in dark green. not as intense as it was an hour ago. some of the highest ele

another thing i can look at today, i can see the high of the day and see if it goes above the high ofd be my stop as well. but i am playing apple to the short side. it's making higher lows and lower lows and i think the stock is heading lower to the 585 200-day moving average once again. a bearish tome coming from andrew keene of keeneonthemarket.com. thank you have a good friday. it's closing time for this friday. coming up next week-- how to break the smart phone addiction. from all of us at first business.. have a wonderful weekend. >>> we are live in san francisco where a man is fighting for his life after a shooting. we'll tell you what doctors found in his pocket that is essential to this investigation. >>> giants packed up overnight for their big trip to detroit. >>> they were embracing for the worse. how the demonstration turned. >>> good morning. it is friday october 26th i'm brian flores. >> and i'm pam cook. thank you for waking up with us. steve, is it just me or is it cold outside? >> it is cold. why did you wear that jacket in here? because it's cold in here. it will be

fortunately that is now all heading off to the east. highssure will build and on the backside of this storm system. there is the potential to bring some more rain back into the area. looking at the temperature right now, 62 degrees downtown baltimore, 56 at b.w.i. thurgood marshall airport. we will be colder tonight, 53 downtown but 40's out in the suburbs. expect the rain to clear out and the skies will clear out as well, bringing some sunshine tomorrow. it will be cooler than what we saw today thanks to the high- pressure system building in. a lot of sunshine across the center part of the state. 53 for the high temperature in the mountains. that takes us into the seven-day forecast. 68 degrees as we go into wednesday, still very sunny out there. a high of 70 on thursday and friday is the next chance for rain. we expect mostly dry conditions and high temperatures. >> today has the feeling of black monday for the ravens, with so many high-profile player injuries. john harbaugh also has his eye and the possible return of another pro bowl play

right now the dow is about 600 points away from that high-water mark. for the year, stocks are still up a solid 15%. why does it feel like it's the most hated bull market in recent memory? the numbers show that main street investors are not on the ride. they have been pulling money out of the stock mutual funds 15 of the last 16 months, putting cash into so-called safer assets, bill. we know that to be bonds. >> yes, we do. in today's "closing bell" exchange, we have larry blazer, peter bookbar, bob, and rick santelli standing by as well. peter, we all realize that the fed has had something to do with the comeback of the stock market right now. compare to where we were five years ago. the economy is better than it was, yes? >> well, yeah, it's better than it was because the comparison is so poor. we talk about the dow being where it was five years ago, the s&p 500 is actually where it was 12 years ago. we've had a tripling of the fed's balance sheet. so have we made real progress? not really. >> what do you think, larry? do you agree with that? how are y

the already high storm surges from sandy are only being made worse by the full moon. d governor dan malloy says authorities are bracing for surges up to 11 feet above normal high tide. the governor says connecticut could potentially face unprecedented damage. >> this is the most catastrophic event that we have faced and been able to plan for in any of our lifetimes. >> we head back to new york. sandy is being blamed for at least five deaths there. >> a spokesman from governor cuomo's office says one of the victims died when a tree fell on his home in queens. and also in queens a woman was electrocute when'd she stepped into a puddle. >> jason carroll has a look at things now in long island. >> reporter: well, it's now well after midnight. the wind has still picked up. but the water at least has receded. just about an hour ago i could not have stood in this section of the montauk highway without the water not being up to knee level. but now you can see it has receded. but if you stare into that blackness off to my right, this is one of many streets that still feed into

the high tide at 825 tonight. we anticipate high tide will be 6 feet higher than usual garrett county will receive approximately two feet of snow. how about that? american weather extremes in miniature. there will be flooding we will be dealing with for the next few days as this storm moves into the susquehanna. early voting for tomorrow is cancelled. we will do our best to get back on you -- with you on how to reschedule the days we lose on early voting. if you other key issues involve the bridges. the bay bridge is closed. the bridge over the susquehanna is closed. the bridge over 695 in baltimore is closed. the tidings. is not close. it is still open. they are on the bubble right now. the nice, thomas johnson, and tidings are all under a wind advisories. amtrak has cancel service for the northeast corridor. we will not be operating any of the various metro services tomorrow. the bus service will not be operating tomorrow. light rail will be closed. trains will be closed. the bus is not operating today. paratrans

concord, the high, 76. the santa rosa, mild, 7 5. 62 in san francisco. half hoop -- half moon bay, 65. 72 antioch, 57, breezy conditions right now in oakland, with a pretty good west wind, up to 20 miles-per-hour there. half moon bay, 59. 68 in santa rosa. here's a look at the forecast. taking you at least through much of -- well, maybe the middle part of this upcoming week. clouds and dense valley fog. a little cooler for all of us heading into monday afternoon. we'll wing in a few more clouds and there's the chance of showers developing mainly south bay as we head into tuesday and wednesday. lows tonight, low clouds, fog, valley fog, especially north of the golden gate bridge, and that's where the cool temperatures will be. 49, santa rosa, nap park 48 expected low tomorrow. 51 in livermore, san jose. talk about the chance of a shower in the south bay coming up. we have had a cutoff low sitting just off the coast, spinning. it brought us clear sky, pulled that. low cloudiness and fog off the coast, and we had nice visibility this weekend, but let me sho

the bay area. these are mainly high and midlevel clouds. we do have dense fog sitting very close to the golden gate bridge and extending toward the berkeley area. you can see san ramon and even the livermore valley area is seeing some of the high clouds as well. current temperatures, we are still holding heat from the day. we are looking at mid to low 60s in the inland east bay locations, but be cooled into the 50s near the peninsula and san francisco. we will look at a hot forecast as we head into the middle part of the workweek. that's coming up. >> leigh, thanks. >>> a man and woman are dead in a double shooting in an unincorporated area of contra costa county. it happened near antioch. sheriff deputies arrived to find the man dead. the woman was rushed to the hospital, but she later died. authorities have no suspects or witnesses at this time. >> in san francisco, police evacuated an apartment building in their search for a gunman. it started about 7:00 this morning on oned dooy and webster street in the alamo square district. police say

the water level is high and that the brim at the promenade. whenever but it will be watching is what happens at high tide and after. i was on the air yesterday. this is nothing like it was yesterday. it was hard to stand up straight yesterday afternoon in baltimore. this is a gentle wind in comparison. it is still raining. travel restrictions do remain in effect. they're supposed to be in effect until noon. it will be interesting to see whether the east coast restrictions earlier because the conditions are nowhere near as bad as they were yesterday. high tide about 7:30. >> good to hear that it is better than yesterday. you cannot forget the images of the canoes during isabel. >> as we go to break, look at some live pictures. this is times square area in new york. it is still raining. continuing coverage of the assault on the northeast when we come back. it's oysternomics 101. you start with a u.s. senator named ben. by helping restore thousands of acres of oyster beds, he kept hundreds of oystermen on the job... which keeps wholesalers in busi

it is the last remaining one. it has a very highevel of quality. >> the activists also contend the decision to destroy the mural was made in a private meeting, not public, like the law requires. >>> the bay area is an epicenter for stem cell research drawing scientists from around the world. and now some of the most advanced labs are opening their doors to scientists of tomorrow. abc7 health and science reporter carolyn johnson has more. >> when irene medina returned to high school this fall she had plenty of stories to tell about her summer job. >> i did my first surgery in iraq. it was interesting and exciting for me. >> instead of flipping burgers , she was helping researchers at ucsf understand brain function. it is helping newborn infants survive brain traumas and other injuries. >> i started thinking, what they are doing is something great. >> across the bay at the university of california, they were doing great science too working on a study that could some day help human muscles regenerate. >> we saw improved muscle regenera

the roadway. we're also facing high standing water. if you're traveling along 29 in both directions, closed from lookwood boulevard all the way to university drive. i would not recommend heading out of the house if you're able to stay in. >>> new from overnight, firefighters are blaming sandy for the death of a man in anne arundel county. the pasadena man died when a tree fell on his house late last night. firefighters say he died on the scene. >>> breaking news out of connecticut. take a look at a fire, a late night fire that destroyed two homes in old sandy brook. this is actually still going on as we speak. firefighters could not get to the scene because the area around that home is flooded. firefighters said they tried to check to see if anyone is inside that home using a fire truck, but they had to stop because the flooding caused electrical problems. the area is under evacuation orders. >>> firefighters battling a massive fire involving 15 homes in queens, new york. the fire broke out last night at 11:00. firefighters say the home

the highs in the south bay, highs mainly in the low to mid70s. look for 72 in santa clara and 73 in san jose. 70 in san mateo and 72 in several locations. low to mid60s in pacifica. downtown san francisco will see a high of 66 tomorrow. 62 in the sunset district. north bay will see highs in the mid to low 70s. 74 in santa rosa. highs will range from 67 at berkeley and 69 in oakland and 71 in union city and the inland east bay will be in a narrow range of highs in the mid70s. 75 in concord, danville and pleasanton. livermore, brentwood and antioch and fairfield and monterey bay look for highs in the low 70s and watsonville in santa cruz. mid70s in gilroy and hollister. here is the seven-day forecast, a big warm upcoming our way. we will start with sunday and monday, low 80s inland. that's not much. but look at later next week. wednesday, thursday and friday , inland highs up to 90 degrees. mid80s around the bay and mid70s on the coast. great weather on thursday for the niners game at candlestick against the seahawks. it is not too late to win $49,0

look at where the highs were today. s reaching down right close to us, but this warm air out to the west and that's moving into the picture, not away. moving into the picture. we are headed up temperature-wise. overnight, our temperatures will be chilly. a few upper 30's for the lows and mid-40's around the bay. mostly clear skies. these temperatures are typically chilly this time of year, nothing unusual. now we go to the forecast tomorrow, we warm things up a little more. 68-72 the high today. five, six agrees. and a west breeze at five to 10 miles an hour. winds will be light. one-foot chop on the open waters of the bay. the future cast shows the dry conditions. watch the timeline. the weather out to the west will catch up to us in some degree as a little disturbance passes to our north and might be strong enough to throw something down our way in the nature of clouds, a shower or so but not a huge rain threat. the week ahead is dry. down in the tropics, we have a weather developing, the question will it become sandy?

that thing has got to be -- i mean, it would be the muddy high today. the point of rock, that is going to have some moderate flooding. near point of rocks 24 feet by early tomorrow evening. i got to read this and i get it right. >>> let's tell you about what's happening now on our weather graphic. we have a day planner to share with you. we're talking about rain, moderate rain to even heavy still in spots this morning, becoming more shower y this afternoon. only going to be in the low to mid 40s this afternoon with wind out of the southwest. very breezy this morning. probably gusting 30, 35, maybe 40 this afternoon. the trend is in the weakening phase at this point. we're not as concerned about it. we have some amazing wind gusts out of it. top -- thomas point up to 79 wind gusts. closer to the district 63. we've got reagan national 60. 65 mile an hour gusts in ranson. far western maryland flood warnings are up. this is a combination of flood warnings for generic street flooding that might be going on and then you have lots of rivers, streams, goose run,

we've made the highs for the year. the environment we're in, which is pretty much the reverse of what we experienced last august, september, we can't see this spike up. i don't know if it's going to be a catalyst such as the debate, possibly the election, but you'll see a sharp move upside according to our work. like i said, we're operating against a trend which we don't like to do. >> all righty. tom, thank you so much for joining us. appreciate it. we got a little bit of a satellite delay i think, so we're getting cut off. it was great to have you on. great insight. we're going to discuss a little bit more behind your back after you guy, okay? >> okay. thank you very much. >> what do you guys think? >> i think first of all, again, some of the smartest in the world have been doing this for a long time. now that everybody is following this guy, you know, are these friends not as powerful? in fact, probably the opposite. you are stilling strength, you're buying weakness. this is why it's very interesting. it's pretty sc

cloudy the rest of the afternoon. highs mid-50s. i'm back in ten minutes with the storm team 4 seven day outlook. a look at traffic now with danella. good morning. >> good morning. >>> on the rails a ten-minute delay on the brunswick east marc train, train number 870. metro and vre so far not reporting delays. over to the roadway, traveling inbound on 50 at the beltway, still seeing that accident activity, but just in the left shoulder lane. let's talk about other incidents in the area. traveling south highway closed at southgate drive due to a downed tree in the area. on i-66 clear in both directions, eastbound and westbound, making your way from sudley to the beltway and even inside the beltway. aaron and eun, back over to u. >>> 5:13. 43 degrees. ahead on "news 4 today," the scramble to get air travel back to normal after the storm. we'll check in live with rea >>> i'm angie goff live from the live desk with breaking news. a dramatic rescue caught on film. an nypd chopper rescues a family of five trapped in their house due to risi

at the showers continue to work their way out of the region as we see high pressure building in. watch out, there is a big swirl of the unsettled weather. that is no falling in northwestern minnesota. the blizzard conditions at times earlier this afternoon. the son of a strong cold front that will make its way to the region over the weekend. big changes for the weekend with more on that coming out in just a few minutes. >> a man arrested for holding his roommate for ransom. >> be bizarre induction and where police tracked him down. >> police are searching for clues after another violent night left him in bed. >> in the race for the white house, democrats are saying president obama lost last night cozied debate. what does it mean in the battleground state? >> breaking news from the sky team over a sinkhole that has opened up downtown. let's go to capt. taylor. >> you are familiar with the sinkhole on monument street got one bloc that they have been trying to repair it. while they are trying to repair one portion, another has opened up. they have cruise assessing the situation. as t

the water in weehawken had gone as high as the second story in some homes. the water was at his neck and then over his head before he was finally rescued. also a woman was taken to safety in the make-believe coffin that she had been using as a halloween decoration. a little bit of irony in that. huh? wow! >> just slightly. >>> well, this house near the famous kennedy compound in high annisport, massachusetts, was destroyed monday afternoon. officials in massachusetts say they are relieved that the state dodged a direct hit from sandy. >>> and aside from all the rain and the high wind, sandy also proved to be quite a snowmaker, dumping up to 3 feet of snow in seven states from the appalachians to the ohio valley. and west virginia is now getting the worst of it with more than a foot falling yesterday alone. >>> and some guys will do just about anything to catch a wave. surf's up. those guys got out their boards and wet suits and hats, and, well, they went for it yesterday on lake erie. yes, the midwest. freshwater temperature, 56 degrees. the waves grew later

the damage. closer look now. meteorologists say that high in the air the wind gusts could well have hit 95 miles per hour. farther downtown, the facade of this building collapsed. this is 14th street around 8th avenue in the chelsey neighborhood. fire officials report nobody hurt. lower manhattan is now in the dark after the utility company con ed cut power to the shush tip of the island. rick leventhal is in point ileasant, new jersey where the storm is either now about to come ashore. in fact, we have just gotten an alert, the center of thehurre landfall within the last seconds. officially in south jersey. and that's where rick leventhal is now. rick? >> yeah, shepard. somebody should tell sandy that she is not a hurricane anymore. she is sure acting like one. i wish we could show you what's going on in the street outside. we will try. you really can't and the video won't do it juse tell you, thera raging, raging river out there on washington avenue. and ocean avenue there are white caps now blowing in from the ocean. and they are swallowi

that's exist so then let's talk about some of the issues and the concerns surrounding high frequency trading for market participants both for individual investor retail investor but also the impact on the market as a whole because it's hard for me to imagine that it's good for the ecosystem. well the story of the diversity of princess appearance is boils down to the chase the way everybody you can compete on speed the people who are willing to invest in millions of dollars worth of equipment i or stamp annoyance cetera et cetera we basically have to do that now to have the same informational on par that you do before we're going to mass what about for the average trader that you shouldn't matter to them that they can't exploit a millisecond no not a lot and the problem is that with this of a couple problems one without the burst of diversity the curse of spreads whenever something unexpected happens like perhaps google safford him it could seriously impact the market in a way that. could cause prices based on some work because he promises to severely affect you. in so we that risk is

the high pressure gets back in toward the latter part of the weekend. we look to dry out for thursday, friday, and saturday. >> the best of the day today, huh? >> absolutely. >> and be prepared. >> we have that -- . >> get out and have some fun. [ laughter ] >> fun for some people. >> and make sure you have your umbrella and rainboots. >> yeah. >> thank you. >>> more presidential -- one more presidential debate to go before the homestretch to election day. >> do the debates make any difference at this point? a couple -- thoughts from a couple of political expert when is we return. sleep train's best rest event is ending soon. don't miss your chance to get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for 3 years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. but the best rest event ends soon at sleep train. superior service best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better n