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we re bouncing off demand, you have to be nor fleet foot, if you want to trade names aggressively. we ve been underweight the xle since 28th of february and underweight stance we prefer an exxon or chevron or a cash return play. the next move obviously would be to think about going overweight when we believe in oil prices and sustainability and we ll go long beta. for now we look for cash return defense and exxon s the name. we re not making it a big exciting oil call here in terms of being bullish on the equities. i will say, brent is holding high levels and with the opening of pipelines in the u.s., you could see a nice rally in wti. so i think we re looking for the opportunity to go a bit longer than we ve been. but for now, we remain underweight and long cash return napes. for us it was originally conoco, now we ve rotated into exxon, because of the rising dividend that we perceive to be coming. some focus on what is happening with iran and the prospect maybe ther ....
good morning. how could he? police in pennsylvania learning more about the gunman who killed three women and injured nine others in that health club shooting rampage. and why he was filled with anger towards women. this morning, an exclusive interview with a sister of one of the victims. a third autopsy? michael jackson s family reportedly asking for that. to prove foul play may have killed the singer. this as new photos surface taken inside jackson s rented mention after his death. and flying high. congress poised to spend $200 million on corporate jets. two of them to be used to shuttle lawmakers. a brewing controversy on the hill today, thursday, august a brewing controversy on the hill today, thursday, august 6th, 2009. captions paid for by nbc-universal television and welcome to today on this thursday morning, i m meredith vieira. and i m lester holt, in for matt lauer this morning. police are revealing new details about that tragic shooting inside th ....