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expected earnings and upbeat guidance. speak fing of which, david has exclusive interview with the ceo, meg whitman. yesterday s capitol hill testimony by bernanke an the fed minutes combined to spark concerns the central bank might begin to scale back its bond buying program later this year. china pmi falling in may to 49.6 from 50.4 in april. the number below 50 marking contraction for the first time in seven months. how much damage is being done today, jim? what does this open look like to you? when you get up in the morning and you see down 7% for japan. japan was up 1.5% before that chinese news came out. i think we come back once again. i know that s repetitive but david you ve been stressing it. europe, not that strong. therefore, china, not that strong. therefore, still need fed. did we lose fed? it s what makes people feel like what the heck, why are we up 16%? that s wrong. you have people trying to lock things up ahead after very long weekend. you menti ....