. >>> we'll turn to chris gaffney for his analyst. senior market strategist with ever bank. chris, you heard at the top of the program, the saying on wall street is as goes january, so goes the year. so, should investors be bracing themselves for a down year? >> i don't think so. we certainly have had a bit of a rocky start to the year. it's been a short time period so far and i think there's a lot of things that will support the market going forward. namely lower interest rates and i think increased consumer confidence. >> i was speaking earlier this week to a portfolio manager who said we had a market up about 30% last year on earnings gains of about 6%. you do the math. this gives me the sense that maybe the market is getting very close to fully value. what do you think? >> we are fairy valued. it's going to be all about earnings in 2014. it's definitely going to be depending on companies having earnings catch up with those price earnings multiples. >> you know, they say on wall street it's all about expectation and we've gotten a lot of warnings this week. our guidance th