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Transcripts For CNBC Mad Money 20130930

Doublebarrel washington shotgun of a Government Shutdown and a debt ceiling crisis . Really, how were we down so little . The given that our precedent was on earlier this evening talking about the federal workers who will go out pay and how we are entering a height of irresponsibility moment for the federal government. The house of pain lets ponder. Lets ponder while were barely down, believe me, 0. 6 on the s p barely down. Nasdaq down a quarter after being up 25 for the year after coming into the session, thats barely a selloff at all. First we have to wonder whether there was something mechanical today. It was the last day of the quarter. I told you endlessly that the big mutual funds like to show you theyre right about the market by owning the biggest earner. They dont tell you when they bought it you have the assume theyre brilliant, clairvoyant even. Hedge funds like to stand underneath. Meaning theyre bidding below the market. This happens. They dont like to give up the ground t

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