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Options any of this have to do with fiscal -- austerity and I -- you Richard because you work in derivatives and look at an equity numbers numbers fundamentals here.
Or at least the chart issues -- the fiscal cliff play into your -- it really is and I didn't think it would but I'm getting pushed back from some.
Very Smart accounts on not wanting to do anything.
On any -- on any stock in any sector.
Until we see the outcome and these are guys who have been the fast and Smart successful money absolutely and these are ones who I would think would be more likely.
To do something because they and they would get ahead of their peers who are doing nothing as we start the year.
Colin what is your side window play X apple -- any of the apple halo effect names.
Is there something that you look at and say that's the one I don't care is Google whatever -- Sure you know this is gonna sound a little surprising but if you look at Microsoft at these levels right.
They are coming off such a small base in terms of the tablet and and the -- dot ecosystems.
They get any degree of success will be meaningful to them in particular with -- surface -- -- they can -- just a million they'll have a nice boost the windows -- Its target on micro sites 35 up reports well well below that right now what episode the catalyst is simply windows -- the surface correct.
In -- that expectations are are so low and that they still -- Have been dominant player in the enterprise and that refresh is going strong and they're gonna have a degree of success -- tablets in the business marketplace wears a better flow in a different stock what are people buying right now.
Well as you know I'm not at liberty to discuss sky try and asking you know I remind you why this yeah Iowa -- that.
But I will say that we're in a world now where you can set up.
To take advantage of ranges.
Like an apple for example war.
If you think volatility is going one way or another we like to react off -- -- viewpoint what kind of volatility do you expect after the first of the year if we don't get a deal on the fiscal place.
Well clearly there would be a very big pick up involved I think.
Most people are stopped doing anything right now right I think most people -- Thinking something is going to get resolved and if it doesn't I think the biggest shock will be in volatility.
Even more so than price on a percentage -- -- About the market tanking.
Okay folks nobody knows what the market is gonna do on this they may have been prepared for you never know -- of voting machines as Warren Buffett and of course the people -- policy -- always like to say Benjamin Graham has -- to speak.
But would that be a buying opportunity.
On any of these names that you specifically copper Colin if we saw a thousand point drop.
You don't look the the technology space is the companies that are there arm are for the most part an excellent shape our particular if you think about the innovation and the productivity that Smartphones and tablets are bringing to people the -- these companies have on their balance sheets up.
You know yes if you've got a significant market pull back.
That would make an amazing window to get to some of these ends.
It's great to see both of -- together.
I won't tell power Atlantic that we told you -- BGC trading floor and our thoughts and prayers go out told the families that is not just the most awful awful story and as we mentioned president President Obama is going to be speaking in just a few minutes but we thank you rich thank you very Richard Anthony.
Colin Gillis of BGC to smarty pants guys who know a lot about the stock and many more -- -- -- -- about what.
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