what should have been aesson that we drew from what happened five years ago?> well, it is easy for me as some money -- monday morning quarterback to say we're supposed to buy low and sell high. therefore when it looks like the world will make it that is the time the evidence to step in and buy. it's easy to say five years later. i think you are absolutely right. why unconstructive on equities is that as you point out, that fear, that consternation, a survey recently that showed more than 60 percent of americans are still deeply mistrustful. great news. bull markets don't end until people are absolutely in love with whatever that particular thing is. i think this wall of worry or walla fear we will continue to find. gerri: i think that as well put. you're totally rights. people are -- i get e-mails all the tim. i would not put money in the stock market for nothing. absolutely true. let me talk to you more broadly and specifically about the markets for a moment. what is your outlook? a lot of people worried about this fourth quarter. what to uc? >> so, my big pi