After accurately predicting a correction a few weeks ago and then calling for a sharp bounce in the stock market over the weekend, CNBC asked me to update my view on the stock market (along with Art Hogan of National Securities Corp). In the interview, I touched on my view that today's bounce is a short-term one and should not be chased by investors. Instead, they should sell the bounces...and look to add to positions in high quality, cash rich companies...only on weakness.