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Transcripts For CNBC Mad Money 20100402

1974. we re getting better growth, out of the developed world, jpmorgan is talking about this. some of the names in the resource space had a great name. i ve been skeptical, but we re definitely wrong. i said take profits on metro steel. short free port. the reality is if we continue to get follow-through, this is for real. at one point do you say i have to trade the market we have and a short free port is simply not working at this point. we manage very close and i would say we have high beta names that have high beta longs against them. we re not out there naked. one of the things we did today, the underperforming energy names around the markets. look at exxon. these are names to be excited about right now, these have not been the names we re talking about every night. in that swais, just do get you on what s rolling along. look at the chemical names, they are absolutely on fire. add those to the coal names as well. look at norfolk southern. continues to go to the ups

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