On SPX Corporation (SPW)...
JJC:    A truly impressive CEO. I've watched him for a long time. This is what I call one of the "new tech" stocks. The make equipment. They don't make equipment that makes video games better... They don't make equipment that makes sales forces more responsive, and customer retention... They actually make things, they export things... Their machines are all energy-efficient. This stock is not done. It reminds me very much of Emerson Electric (EMR)... EMR hasn't moved as much... But, you've got to remember... these are heartland companies that are making things that everyone wants. This company has been a consistent grower for a long time... it is worthy of that.

Do you jump in right here?... There are a lot of companies like United States Steel (X), like Cleveland-Cliffs (CLF)... that have charts that are even more arching than that. This is a very thinly-traded stock. If you had to buy 100 shares, I would buy 50 and wait for a pullback... The last quarter was one of the best beats... maybe, among the top 10 beating the estimates... that we've had this year. And that's very significant to me. I always think that that's a fabulous predictor of stocks.

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On the markets today and the growth in wind energy...
JJC:    People don't want to be outright bullish, but this is an outright bullish day, when you see tech move up and oil not getting hurt... Remember, oil's 11% of the S&P, so we really don't even want it down anymore... When we see the financials not getting stung, and you see retail going away... you can reach one of two conclusions... that it's an up expiration, and that's what's happened... or you can take my point of view, which is that there's a lot of money coming into this market now, with CD rates really low. A lot of things are working. Things are better than they've been. There's a big trade going on in the market, saying that things have bottomed. You see that in KB Home (KBH), and you'll see that in J. C. Penney (JCP). This is just very bullish action. And you have a lot of people on, who have one foot out and one foot in... It's very hard to not like this market... very hard... I like this market, okay... Now, you had, this morning, Cadbury (CSG) say that margins weren't so bad for food, so I go back to Heinz (HNZ)... Pepsi (PEP)'s finally on the move... Coke (KO)... You also had a money manager talk about Trinity (TRN). Now that stock's up on a spike, but he correctly pointed out the wind turbine, after Boone Pickens did Squawk Box this morning... It was a remarkable interview with Boone Pickens... it was remarkable... because wind is obviously there. Buffett is into wind... Boone's into wind... A lot of ways to win right now, and I think that you have to tell that to our viewers. It's a different market than it's been. They (TRN) has a business that should be on fire, given how well CSX (CSX), Norfolk Southern (NSC), Burlington Northern (BNI) and Union Pacific (UNP) are doing. The railcar business is actually not that great... It's the wind business that's actually taking hold here. And the wind business... whether it be Owens Corning (OC), which makes the composite fibers... or whether it be a company that I talked about last night... Woodward Governor (WGOV), which makes the engines...

These companies are... This is the hottest sector right now... it's the hottest sector. And people need to focus, because it has the average selling price that's lower than everything... S.C. Bernstein... excellent piece... if people need a background... out today... about wind... The wingspan of a windmill is not like a little Dutch boy... it's the size of a Boeing 747, and that's one of the reasons why these things are so powerful. You're seeing these 500 megawatt plants come on... China has gigawatt plants... I don't think people have yet grasped the significance of this cheap form of power. And I'm going to keep hounding people. I do it every night on my show... This wind issue is bigger than solar. That's my point... it's bigger than solar... I like solar, but this is a better story than solar.

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On commodities and avoiding the misdirection that the weakness of the dollar can cause...
JJC:    I listen to a lot of people come on these shows, and they seem to think that the dollar is the be-all and end-all... If you're going to make all your forecasts on the dollar, then oil would be at $105 or $100 right now, and copper would be very low. These are demand-driven, supply problem stories. There's not enough copper and China needs to rebuild... There's not enough oil. It doesn't matter... A really interesting story on Bloomberg.com today about how 80% of the rigs that Petroleo Brasileiro (PBR) is trying to tie up... Well, if you're Transocean (RIG), you have visibility out to 2012. Now you have it out to 2015. Why? Because oil's only in deep-water places. These are not dollar plays... It's supply- and demand-driven... The dollar is an obfuscation that throws our viewers off, and I don't want them thrown off... And I am ever bit as rigorous as the people who come out here saying, what's the dollar, dollar, dollar... The dollar is throwing you off the scent... Buy what's in short supply and strong demand, and you won't be screwed up in thinking... by saying that oh, maybe the dollar says no to that. That's a mistake... Don't overfocus on the dollar or Bernanke here... don't. That's a mistake...

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