joining me is david bonson. thank you for joining us. tech was on the down side this week. do you see that as a buying opportunity or do you think the valuations in technology have become excessive. >> no question the valuations are excessive and the dips are so minor, even if one wants to buy on the dip, this wouldn't count as a dip. maria: apple reports earnings next week. would you buy apple here? >> we own apple at the bahnsen group. but we like where it's at. i would expect the stock will come down. it has a monstrous run this year. high 20% gain on the year. but the story with apple when a new product cycle comes is it dips at announcement. i'm not expecting it to jump, but if it were to dip enough we could come back in. maria: the double digit gain from november of last year on the markets. would you put money into stocks? >> it's a great environment to be owning stocks right now. you have low inflation and global conditions that are across the board better. back to where we were a year and a half ago, it's he morning markets, europe, japan, china. all of which have