dan suzuki from richard bernstein advisers great to have you with us. >> thanks. >> how big is the tech bubble? tech is big, large cap technology versus the growthier higher valuation names where is this bubble >> i think you hit the nail on the head, melissa. this is a monstrous bubble it's not just a speculative market the difference between the market and a bubble is pervading society, everywhere you look and all over our economy, our real economy as well as the market so i think it's not only expensive and big and also pervading society so i think that, you know, the difficulty here is how you manage through it, just identifying it is only half the battle figuring out how you manage through it is the other difficult part i don't claim to know exactly when the bubble's going to pop so i think the only prudent alternative is to the bigger the bubble gets, the more crowded the bubble gets, to simply continue to shift your portfolio to the other side of the see-saw. a vacuum in the markets sucking in the capital leaving other opportunities that are left for dead and i think that's the r