david: lance roberts, how many times have we said this market reached its peak. time for the pullback. it ain't going further. lo, what happens, it goes up again. how many times has that happened? >> it has happen ad lot last year. that is kind of one of the things i was talking about this year, 2014, is last year we didn't really have a correction of any magnitude at all which is highly unusual. so it is very likely sometime this year, by the way we're in a midterm election year which normally sees 10 to 15% corrections in the second and third quarter, we could very well see something like that this year, completely normal. to put more money to work at a better valuation level. david: talk about money, do you suggest everybody sell everything right now and go in cash? >> no, no. i would never recommend that at all. as we talked about before here, david, you and i in particular, we talked about pruning the garden, being a little bit prudent. taking profit out of the winners and trimming off losers and laggards. that is always a good risk management. that gives yo

we have lance roberts, from

robert ray, new orleans. >> it's been five years since captain sully lanced a plane on the hudson river. parents will soon be getting refunds for some of the things their kids downloaded. >> hello, i'm meteorologist kevin corriveau, we saw a lot of fog in the northeast and new york city. take a look at manhattan bridge just at sunset. at jfk we saw some delays. tomorrow we'll have a front come through and with that front we do expect some flishz. the -- flurries. not too much of a big problem there. saturday, sunday temperatures are going to be dropping but we're going to have plenty of sunshine especially as we go towards the weekend and towards next week we do expect those temperatures to come back up. now temperature wise let's talk about this in the north central part of the united states. we are talking about blizzard warnings in effect here for north and south dakota over torts parts of wisconsin and minnesota as well. big big problem there. what does it mean? it means we'll see the gusting of winds over 30 miles per hour. how quickly those snow showers push across the region. here

more on that in our next hour with robert luskin leading the legal team, famous for defending a wide range of clines including karl rove and lancele""? luskin said all three subpoenas focus on the closure of the all three lanes on the bridge. we will respond to the subpoenas accordingly. what about those other allegations by mayor dawn zimmer? zimmer is offering her word and her diary but how do you prove something like that to the u.s. attorney? i want to bring in former federal prosecutor paul butler who specialized in public corruption and was part of the team that indict ed a person. worked to overturn the money laundering conviction house majority leader tom delay. welcome back to both of you. we had you on satellite last week. you can eat pastries. that's the perk of this. paul, i'll start with you as a prosecutor, as a former prosecutor. if you were presented with what dawn zimmer has presented the u.s. attorney's office with, the account she has shared in the show, apparently contemporaneous diary entries and now we are told a couple people, four or five people in hoboken who she says will vouch for her told her about th