see any kind of major market correction. >> whitney, thanks for stopping by. >> my pleasure. >> whitney tilsonm? >> he's making some great points. ultimately as a fundamental investor you hang in your positions. you should be buying weakness. the challenge for all portfolio managers and whitney, you have to decide where the market is just a place it's impossible to invest in. at tend of the day these guys do their work. they feel they own companies that can withstand that. the market forces are very challenging. >> because of such uncertainty in the markets, it's certainly been getting a lot of tweets out there. we want to answer some of them we've gotten so far. the tape guy tweets to us, when are you buying coal miners? >> goldman put out a note, i think they went from negative to neutral on the coal stocks. but they've been awful. look at cleveland cliffs. look at anf. the stocks have just been horrible. with that said, walter energy to me is still the most interesting one in the lot. why? because i think at some point something's going to give. you're going to see an acquisition maybe from

we'll pick to value hedge manager whitney tilson for his picks. >>> and steve liesman gives you his odds on more stimlouse coming from the fed. welcome to the "halftime money report." lots to trade today. we'll hear from governor romney later on in the show. that's going to be a big interview to hear the governor's thoughts, not only on the jobs picture and the upcoming presidential election, but he'll be asked about what the stock market is doing today and what kind of message that sends as well. what do you do on a day like this when we have such a disappointing jobs number? june is not starting off well. >> right. and you just wonder what the jobs numbers, we'll have liesman on later to discuss more further with him in some of the depth, but the number, how far off could they possibly be? absolutely an extraordinary miss. the market was down and the reaction pushed it further. ever since may 3rd when we broke above the 50-day moving average, it's been on a steady pace. now trading above the 200 day on the volatility index. on days like today, you do what we talked about yesterday, loo