all-time high and operating margins will set a new record andd3 interest rates are at the all-time low biercearket and we have another 5% to the upside before the end of the year and another double-digit gain next year. gerri: stock mutual fund investment up $76 billion. money coming into these markets right now. chaff, what do you say? is the time being circumspect? >> yes. we're very of domestic where the market is headed and we agree there's plenty of room left but i don't think we should be too optimistic going into 2014 we have to be careful because no matter how good the market reacts reacts, let's not forget the fact that inflation is coming and things will get very rough starting next year i am all for getting into the market but you have to be careful to. >> but the key is the right stock at the right time. you don't want to buy high-flying stocks because now was not the time to be price line nor lead dan or certainly not twitter but what does everyone to grow even like financial's anything from jpmorgan. gerri: but do you agree it is about the right stock? >> i do. energy stocks are

. >> with secretary bierce. >> i would con fur -- beers. i would concur with that and go back particularly to matt's comment. the dispersion makes it a bigger challenge in terms of knowing what and where things might happen, but the where is more likely now to be overseas than it is to be in the homeland which isn't to say that we should drop our guard in any way. >> so you really do think that the threat is more severe in terms of a worldwide threat coming onto our shores as opposed to the home grown terrorists? is that what you're saying? >> no, that's not at all what i'm saying. i'm saying this terms of the consequences of a particular kind of attack finish. >> it's going to occur overseas as opposed to the homeland. >> the dispersion of the al-qaeda brand in north africa, in yemen, in somalia and in other places and as it is appearing to manifest in syria now means that the kinds of activities that will be undertaken are likely to be undertaken overseas. >> okay. >> rather than directed against the homeland. that is not to say that we s