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Transcripts For CNBC Fast Money 20161208

Left will be here to explain why he think theres a lot further to fall. First, breaking news the trump rally that will not quit. The dow and s p making fresh records and the dow just 2 away from 20,000. And now tech is joining the party as a major force. Sammy giving tech a boost, apple getting in on the action here. Tim, what do you say . If this is about cycles, if you think about where people were encouraged and able to put money, mega cap, had some value and dividend story. It also had growth. Were waiting for the market to actually go higher. We needed to say financials are going to lead and industrials are going to lead. Theyre leading. Positioning says to me, i think there are people that are just underweight the market, and i do think tech is a place to go. If youre going to be in tech, i think you have to go back to places where there is value. Chasing the mega valuation names is a bit of a mistake. Meaning google . I think a netflix. Ive never liked netflix. I think of things ....

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