The markets unsuccessfully struggled Tuesday to bounce back from their historic lows in the previous trading session. The Dow Jones Industrial Average fell 37.27, or 0.5%, to 6,726.02, while the S&P 500 lost 4.49, or 0.64%, to 696.33. The Nasdaq edged down 1.84, or 0.14%, to 1,321.01. Jeff Macke said on CNBC's "Fast Money" TV show that the Obama administration has been surprisingly weak on differentiating between the crooks and the "folks who got caught in the whirlwind." But he said the start of the healing process got off to a good start today, with Federal Reserve Chairman Ben Bernanke's angry comments on how badly American International Group ( AIG) has been run. Dylan Ratigan, the moderator of the show, asked Karen Finerman to respond to President Obama's comments on the stock market today. She said the president's general comments on trading made her nervous because she doesn't believe it's the president's job to cheer the markets. Ratigan said the new administration has made stock valuation difficult with all the bailout money it is tossing around. Asked to put a valuation on the market, Finerman said she couldn't because there was no way for her to figure out an earnings model or even a correct multiple. Under the current circumstances, she said she just looks for individual companies with defensible market positions, in which it is possible to come up with earnings estimates and a reliable historical multiple. Tim Seymour said he focuses on cash flow of what he called predictable companies in reliable businesses. "When they trade two to three times cash flow, these are businesses you buy," he said.