We hit a peak, and we're in a trough coming down. I will agree that, you know, we're seeing- we're in a downtrend. So when you're looking at, you know, you've got COVID back on the menu, China is back on the menu, the war is still going on, the supply chains going on, and trying to time where the bottom is going to will be difficult. There's been a lot of uncertainty that's happened in the last couple of weekends. People don't want to be nervous going into their weekend, so they want to reduce some risk right now and see how things play out. WILLIAM HUSTON: I think going into a weekend, you know, the market's selling off. And so with that in mind, going forward from here, if you are even expressing any type of appetite to get back into the markets right now, I would wonder, William, where you might be looking at any opportunity? Or if you're saying, you know what, we're just going to stay on the sidelines right now. And I think that's the type of thing you're getting today. But I think more than that, I think you're in a classic bear market, where you get selling, they buy the dip, it doesn't work, so they turn and resell. TED OAKLEY: Well, I think generally, people are not realizing, which they should have, that the numbers are going to be hard to come by this year for the companies. Ted Oakley, the Oxbow Advisor's managing partner, William Huston, Bay Street Capital Holdings chief investment officer. Let's bring in our panel and talk about it. It is hard to put it all in picture, just massive route. That is your closing bell on Wall Street ending a volatile week for stocks with the majors closing with these devastating numbers on your screen. CNN Sans ™ & © 2016 Cable News Network.- Man, I always wonder how you manage applause after a day like that. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account
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