contributor carol roth is here with michelle caruso-cabrera and ross ger by and tim seymour and at the deangelis. >> hey, kelly. >> welcome one and all. jackie, how bad a day was it for crude oil? >> brutal. 4% declines both sides of the atlantic. we saw crude settle at $63.05. it was a five-year low. we did break under $63 as well, a key technical level. you know, it was the third worst drop that we have seen this year and by all accounts that really is what triggered lot of selling in the stock market, as well. traders telling me it was a tough spot because a lot of them think we have sort of bounced around a bottom here and same time nobody wants to be caught holding the bag. so they were on the selling side because that's where the momentum was today. >> i was pretty amazed. jackie, thank you. carol, putting that in context, this comes after seeing pressure and nothing really happened and no real reason and it was almost the lack, perhaps, of any news of to peck over the weekend but what do you think about what's happened here with oil? >> you know my perspective. a lot of people t