thank you to tim boyle, president and ceo of columbia eatoeeouar grt s y, sir. what a company "mad money" is back. >>> listen to the conference calls this earnings season it's become clear to me that the automobile industry is in real trouble. most people think this group's experiencing a cyclical decline, meaning it's temporary and car sales will bounce back with the economy. i think it's a cyclical decline on top of a sector decline, long-term issues that aren't going away, maybe intensified. that may sound crazy when ford rallied nearly 11% but ford is the exception that proves the rule. they're pulling back from the unprofitable portion of the vehicle market worldwide everybody else has gotten hit, especially the stocks of technology companies that bit heavily on the industry, manufacturing companies, 3m, tool works, even tesla, intel. they've all been hammered. although intel, i don't know, the intel, there are so many things going wrong on intel it's not easy to tell if it's related. so what's driving the secular decline? i think people have a hard time ge