Title: Market analysis with Jim Lowell

" He averages ended the day higher but only the NASDAQ was much changed for the week the numbers the Dow. Up 643. Quarters of percent. All five points for the week the Nasdaq Composite up nearly 332%. To close at 1540 gaining about 2% for the week. Yes and 500 up less than six points less than 1% from today up about three and a half points or fraction of -- percent for the week. Our market analysis to."

" Jim -- chief investment strategist and adviser investments Jim welcome. Good in just a bit there was before we get to -- market analysis there was an event today the arrest of Bernard made out. Who is epicenter of the potential fifteen billion dollar plus broad. Has nothing to do -- that the sub prime crisis and it really had no effect on the market."

" That was extraordinary -- and of itself not that a fifty billion dollar fraud is an extraordinary but the fact of the market. Which had on the news which broke basically last night around 9 PM. Had futures off nearly 5% before the market opened the fact that the market finished up the -- actually. Gained 1% the last four minutes of trading today the fact that it ended up at all on that news. Is remarkable it means that the year end rally looks to me as if it really does have some resilience despite all the bad news. And despite this remarkable blow up of what was a very popular. Fund for very privileged."

" People -- how does that happen here's a guy its former Nasdaq Stock Market chairman running a Ponzi scheme and some very intelligent. Individuals investing in it then and they they were taken for ride."

" They were clearly taking a variety just goes to show that if you have the smarts and the reputation you can basically commit fraud I guess that your free will and volition. Hedge funds or something that we certainly don't advise our clients to invest money into mainly because there is no transparency. In to have they basically buy and sell their wares. The calls for greater transparency as specific regard to that industry will serve investors well unfortunately for these investors. The price tag of basically having a social calling card feeling good about investing in something that they couldn't understand and it most people couldn't participate in. Is going to wind up leaving them with literally nothing for the privilege. Are we have a little more about the -- office story later on in this broadcast but to act as for the market ends and the upside this Friday. It does and we will take a game any day we can get it. We -- that we saw both two things come in one of the White House basically suggesting that it would. Write a check of the pastor to basically bridge this crisis and at GM in particular and Chrysler. Not so much so Ford and also Nancy Pelosi mentioning that the stimulus package. Would have a price tag in the neighborhood of 500 billion dollars and basically hit the ground running. Early next year lifted technology stocks -- NASDAQ was up over 2% today on the news that. Broadband spending would begin to proceed -- thanks to this new stimulus package. Would you be looking for next week -- we have a raft of economic data and the Fed meets on the market will really be paused until the Fed. Does in fact I think deliver rate cut certainly priced in fully get everything from the construction to the industrial production to the consumer. Related economic data that will make next week just like this week a very -- one. Good now thanks very -- chief investment strategist and adviser investments have a great weekend details."