"OK, here's something that makes sense: Morgan Stanley (MS). The company is out of the woods, it is not expensive, it has a good dividend, it doesn't need to do an equity offering, and if it stays down here, it is hard to imagine that it can be independent. Can its dividend be maintained? The fact is that MS had a really good quarter, not just vs. expectations but in real life. And there is no reason to pull your money out of it anymore. None. The service is great, the product is great, the company is great. It was simply a much-raided down stock of a company that will do a lot of M&A and a lot of advising and a lot of underwriting if Libor keeps coming down. I mention this one because I am looking for bargains in finance that are not about to do billion-dollar equity offerings, as Doug Kass points out, and that are well-run and will be able to steer their way through this crisis. Does anyone doubt John Mack's abilities after this round of crisis? I think he is money. And yes, the market acts "well" despite the tech declines. The market is oversold. I even like the tech stocks that are down, notably Hewlett-Packard (HPQ) and Qualcomm (QCOM), although I am sure the latter is not having a blowout quarter. I like Qualcomm because there is no upside now expected, and that's a good situation. But it is situations like MS that intrigue. That's directly affected by all that is being done to save the financial system. It is not an indirect play. And despite the big run-up from $9, it is down huge. The franchise is not at risk. The price is real low, and if it goes lower, I know I just want to buy more, now that it has the Japanese money."

From a recent Mad Money show: "They just upped their dividend. McDonald's best in show. If that one comes back down, I want to pull the trigger."

From a recent Mad Money show: "I do like Arch Coal, but I'd be looking at Joy Global (JOYG). We need a pullback in these before you can pull the trigger. Let's wait."

From a recent Mad Money show: "PPG had a remarkable quarter. It blew away the numbers. I can tell you to buy it, but the only thing that will protect you is dividends, so you need DuPont (DD)."

From a recent Mad Money show: "This is a very speculative battery play. It will do well, but only if it gets the technology right.”

From a recent Mad Money show: "The year of fertilizer is unfortunately done. The only one that's OK is this one, and that's only because of its dividend yield."

From a recent Mad Money show: "I'm not overly familiar with this one, so I'm going to go with the one I've recommended many times already, Kinder Morgan (KMP)."

From a recent Mad Money show: "Apple reports tomorrow. I'm not sticking my neck out, but if you've got an 18-month time horizon, this should be a core holding. If you have to buy, buy only half before they report. "