“Yes, I do not believe you can advance with the nationalization issue on the table. Once again, the issue is not the common stock. You can dilute the common stock to almost nothing -- just look at AIG (AIG). That's fine. But if you wipe out the preferreds and the bonds, though, you know I believe the stock market will simply evaporate. That's how critical it is. I think that we could be down several thousand points on the wrong move. But if we don't get that draconian measure of wiping out the residual securities for the banks, I believe we can go higher. What would go up? Oil and oil-related. We have hit two key levels in oil: stronger demand and weaker supply. You have been paying more for gasoline because of demand. The Chinese are investing huge to buy enough oil, with that Petrobras (PBR) deal. Meanwhile, as you can tell from Schlumberger (SLB), you are seeing a true cessation in drilling worldwide. Yes, Transocean (RIG) is talking about longer projects not being canceled. There's a lot of investment that can't be walked away from here. That means, with increasing demand and declining supply, you can own the integrateds. The two downgrades of Exxon (XOM) yesterday were about this thesis. The analysts didn't downgrade Exxon because of weakness in crude, they are upgrading the other oils because they expect a run back up in crude, maybe to the $50 level. I like Exxon the least, but oil is the best neighborhood so I am not a seller. But BP (BP), Chevron (CVX), ConocoPhillips (COP)? These are the stocks to buy into this weakness. Right here. Right now. They will work: low valuations, high dividends, worldwide demand. They work.”

From a recent Mad Money show:"I still believe in Bucyrus. I think the cash balance sheet is good and I like the management."

From a recent Mad Money show:"I don't think it's too late to sell there."

From a recent Mad Money show:"A decent company. I like it. I think business is good there and I like it a lot."

From a recent Mad Money show:"I think it's a pretty good business, but I like Copart (CPRT). I'm a seller of yours and a buyer of mine."

From a recent Mad Money show:"I still like diagnostics. I know it's been hammered but I'm not backing away. I like Becton Dickinson (BDX), CR Bard (BCR) and Baxter International (BAX)."

From a recent Mad Money show:"I'm worried about that one. There's too much competition there."

From a recent Mad Money show:"No, you can't buy anything that's sold at Home Depot ; it's all going lower."