harry dent is coming on in a little bit. still a super bear. he still feels we could see 3,300 on the dow in the next couple of years. >> oh, please. you know what? i'd love to sit down on the panel with him and give him reasons why -- >> what's the other side of that trade? >> the other side -- >> why wouldn't that happen? >> why wouldn't it? the economy is starting to improve. we're still seeing -- you know, you're talking two years out. i think the market's going to be at 17,000 in two years. i'm talking the opposite direction. i'm not a super, super bull. but in two years, i definitely think we're going to see, you know, lower unemployment. >> 3,300 down here. 17,000 up. >> that's a huge -- >> who's right? huh? >> i am. >> there you -- thank you, peter. >> thank you. >> see you later. heading toward the close. a day very much dictated by events overseas. the bailout of the cyprus banks seem to be a catalyst to the upside this morning. until the dutch finance minister had his say. but we are finishing well off the lows of the session. the do

the uberbear, harry dent is back with us.ok might enough to send investors into hibernation. he's been wrong so far. what's changed? we'll ask him coming up. [ male announcer ] this is a reason to look twice. the stunning lexus es. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. zap technology. departure. hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be tr

harry dent. and jock otter is editor of barrons.com. thanks for being here. scott, first of all, we heard nicole petallides's sister there, that is what a lot of people are feeling like in cyprus. they haven't been able to get at their money. it is hard to imagine what this would be like. what do you think happens and what is the impact on the market or do traders here do not care? >> melissa, probably what nicole's cousin said, absolute chaos and fear of systems going down that real screws things upo put i professionally. here is the thing, you noted it, is liquidity. we can't have these liquidity events or liquidity starvationn 2008 because it totally leads to mispricing of markets. but to your question wh that does here? i don't think that much. the cyprus issue is a one-off issue. they have a different economy and certainly a different banking system than even other countries in europe. so you're not going to see this kind of same result happen in italy, spain, france or portugal, number one. number two the markets here are operating on their own assumpti

the ultimate bear harry dent back with us says there's no way this rally can last. sticking to his guns on his dow 6,000 call. maria and i look forward to seeing you at the top of the dow stock exchange. see you at the top of the hour at closing bell. meantime "street signs" back after this. our financial advice is geared specifically to current and former military members and their families. life brings obstacles. usaa brings retirement advice. ♪ ♪ no two people have the same financial goals. pnc works with you to understand yours and help plan for your retirement. visit a branch or call now for your personal retirement review. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business. which

what's next for the markets that seem to only want to go up on the bearish side of the story is harry denths dent, and our own jeff cox is also on the bear side. bullish side, cnbc contributor ron insana and investment strategist james paulsen. good to see everybody. thanks for joining us. jeff, you think this is the best it will get for the marks. you're expecting a sizable drop coming. why? >> maria, history is on my side. look, when you look at the market, where we were, where we got to now. every time the last 11 bear markets that we've seen this happen, the market has always had a major pullback. i think it's not a bad thing. i think we don't need to get crazy about it. i think it could set up a very nice opportunity, but history tells us this is the way it goes. >> history tells it, but can you really compare any other moment in history to this moment when the federal reserve, ben bernanke and company have been the most aggressive fed keeping an environment where there is no alternative to u.s. stocks? >> that's a great point, maria, but look at the dow has gone up 3/1,000 of a perce

dent in the 16 1/2 plus trillion dollar debt, not even close. now, perhaps the most best example we have comes from a hearing on tuesday, this is great when congressman andy harris took to the c.d.c. director, and took him to tax over the bogus claim that the sequester is affecting vaccine supplies to the children in maryland. watch this hysterical exchange. >> what did the president's budget do to 317. >> the president's prospective budget for 2013. >> does 58 cut sound familiar. >> what does the sequester cut, 30 million sound familiar? do you think that's around the ballpark, isn't it? so actually, the president cut the program twice as much as his budget, could i assume that the the president's proposed cut would have reduced funding to 4,100 children in maryland? >> as per the justification that was published with that, we've looked at ways that we can run the program more efficiently by helping state and local health departments, recruitment dollars for education. >> you can't do it under a sequester, but you can do it under the president's budget. the president's cut of 358 million dollar to the program do you think you can get around that to avoid cuttin

dent in there. and -- people like wayne lapierre who are focusing on zero solutions is not the way to get there. >> very quickly, harryra, wayne lapierre campaigned on behalf of harry reid. it's an organization for second amendment advocates. and you can find them, actually, on the other side of the aisle with very explicit nra support. again, we need to get away -- >> and the majority of nra members also support sensible gun legislation. >> it certainly sparks enthusiastic conversation on both sides. maria and amy, thanks again, great to talk to you again both always. >>> i do want to share a light moment from cpac's first day, it was back and forth. the issue of hillary clinton came up and begala, friend of the clintons was asked if she was going to run in 2016. listen to the response. >> i have no idea if she will. i think she's actually going to first, like live a life, write her book, reacquaint herself with the real world having been traveling the world, but i think this is really -- no, not get a facelift, she's not a republican society lady, she's a real woman. >> oh, that apparently did not end the clinton at