that's why i'm taken auerbach to arm our probation officer officers. i understand the need for officers to feel safe in the environment but i find it difficult to find that bringing more guns into the city will be a good way to do their work. in the of, of course, i mentioned the light of '92 town it's difficult to promote to have morgan use age. what's also unique right now is we're seeing that youth crime is at is lowest level it's been for a long time. i've seen a gentleman doing a lot of work around youth violence and we've seen the lottery number in 2000 we had 6 percent down and in the 60 and 70s youth arrest is high and annoy in 2011 we're seeing 4 percent. so in the 1990s the homicide rate for san francisco youth averaged 21.6 and in the 200 these it dropped 6 points. juvenile department stats show the number you have youth is getting lower that i i was also concerned the chief and his staff have been talking about the reports and i know they're trying to do a lot of work that this is an appropriate use of their resources. i was taken a back ab

that's why i'm taken auerbach to arm our probation officer officers. i understand the need for officers to feel safe in the environment but i find it difficult to find that bringing more guns into the city will be a good way to do their work. in the of, of course, i mentioned the light of '92 town it's difficult to promote to have morgan use age. what's also unique right now is we're seeing that youth crime is at is lowest level it's been for a long time. i've seen a gentleman doing a lot of work around youth violence and we've seen the lottery number in 2000 we had 6 percent down and in the

. >> i've done a lot of work with alan auerbach. >> i'm really on the warpath because i think they use a model which is obsolete. it's kind of a keynesian full employment where below it we assume the economy springs back in four years, that's what cbo is now 14-17. we get to full employment, and we stay on the path of potential gdp forever. now, it hasn't happened in the last 15 years. >> right. >> why are we using models that way overproject the economy and result in a, you know, a projection that is far lower than it really is? what i did the other day was i took the last ten years, and i said cut and paste. we estimate the budget with the same economics as the last ten years -- >> oh. >> -- because i don't see any reason why it's going to get any better. >> yeah. >> it may get worse. >> yeah. >> the investment's -- [inaudible] not trying to make it worse, i'm just trying to pick it true. >> right. the wars and recessions take effect on -- >> yeah. but we're going to have another recession. >> right, of course. >> that's right. this budget, you know, these projections assume 14 years

talking numbers with richard ross, global technical analyst at auerbach greyson.. >> thanks for having me. >> the question is, has it seen a bottom? >> guy made the point earlier that we could have seen the capitulation with that big washout day, down around 14 and change. we retested the lows back around the 2009 financial panic. we look at this chart, can you see that well-defined down trend. this is really the golden age of retailing with just about every big name breaking out to a fresh new high whereas this chart looks like silver or italy for that matter. there's that potential washout that guy was alluding to. now, we're coming into a lot of overhead resistance here. not just from the trend line but also the 200-day moving average which has been a ceiling of resistance going back to 2012. the stock's heavily shorted, we know that, but not every crowded short turns into a netflix or a tessa. i will say this. if we do get that squeeze, if the squeeze is on and you take out the trend line and moving average, they're not going to be able to stop the momentum. y

. >> auerbach, our hips, we are thanking you for this segment. >> these low to mid heels are sensible'lels, d i jogged to the "today" show today. >> hoof highend designers are getting in on this. >> yes, thankfully. giving us a break. even sarah jessica parker, who is the poster child for high heel said she's moving the stilletto aside, and she's, you know, going to the low heel. unless they're really, really, really -- colored suede. colors all over the runways, and now we can wear them in a comfortable mid heel. this little shoe from neon and this is just two inches, y'all, and still so cute. then great classic pumps if more jewel tones. >> now we have some t-strap sandals. >> t-strap sandals are everywhere. if you have a closed toe, it's -- it goes grecian in a sandal, and all kinds of styles from the great thong that goes through the toe to, you know, these amazing studs from zara. this is super fancy. >> they're rock star. >> very rock star. just an 1 1/3. you can party all night. >> a little bit of lift makes the leg look good, which is why we all love heels. >> very classy and