“I get it. The numbers are much worse with the revisions. So people don't "like the action." And now they remember that we are overbought. Plus, Lennar's (LEN) "Ponzi scheme" charge and the miserable numbers and horrible projections at KB Home (KBH) make people feel that all of these mortgage declines don't mean anything. It's funny, I can more easily craft a positive housing story off the cost of mortgage money -- and I don't believe the Lennar story, although as soon as you see "Ponzi scheme" these days you freak out -- than I can for tech. Looks like I am not alone today. Yet the day is early. I am taking Bob Byrne's guidance on where the bears can take us before we bounce. The reason I think that today's a tough day to rally is that the oil leadership is not going to be here with nat gas collapsing ahead of big winter storms, oil not holding $40 and Exxon (XOM) seemingly going back to $75 and not $80 -- all of those big oil stocks always trade toward a particular strike. Chevron's (CVX) bad news is actually affecting the stock! Egads! Yesterday someone tried to run up the Oil Services HOLDRs (OIH) in my face. The puts I suggested buying looked like losers. Nah. They are still the best place in town. That group's just started getting hit. Sell 'em.”

From a recent Mad Money show:"I want you to take profits. I still don't like casino gambling. Let's ring the register."

From a recent Mad Money show:"This one is uniquely levered to natural gas. I would stick with it but I just don't trust it at this level. Let's wait for a pullback before buying any."

From a recent Mad Money show:"I'm now warming up to this sector since China is coming back."

From a recent Mad Money show:"How the heck can this one be yielding 4%? I like Heinz. It's been disappointing but I think it'll come back."

From a recent Mad Money show:"Boy, this stock has come down a lot. Until I know more I'm going to say "don't buy." I have to find out what's going on."

From a recent Mad Money show:"I want you to sell it. You just had a very big gain. I need you to take a profit and sell it now."

From a recent Mad Money show:"I want to reload and buy MTZ. This is the ultimate Obama play; you stick with it."