Jansing and Co | March 06, 2013
>>> cnbc's mandy drierie, watching the dow so far this morning, and still going up up up, and what is driving this, what's fueling it?
>> a lot of it is momentum. there are a lot of positive factors driving it higher, not least of course the federal reserve pump priming, the economy has been improving and stocks are still considered to be cheap other cheaper, compared to other asset classes , but in terms of some of the performers, i just wanted to show you the best dow performer since 2007 , which of course is the previous record high. those best dow performers have been home depot , ibm and mcdonald's. i'm certainly hoping the mcdonald's part of el a conveys. the worst have been acoa, bach of america and hp. we are at these historic at the highs. remember when the dow first hit 10,000? there are all those dow 10,000 hats passed around, with crowds of reporters outside. now it just feels a little different, i have to say.
>> you and i were talking the other day, right before the record peak yesterday. you were saying that perhaps we could see a turn, though. that mike some of the concerns?
>> that is why it does feel different. i think people have been burned before, so people are wary about all jumping on the bandwagon, because they don't want to get burned again. some people even feel a little correction would not be unhealthy. for one it would allow those that missed out to get in a cheaper price.