that's down 12% from the recent high a lot of chip stocks, kla which had big momentum, down 12% skyworks down 15%. and lam research which last hit an all-time high back in november, off more than 18%, so it's almost getting to bear territory. the interesting thing is when you look at the sectors themselves, they're only off about 5%, less than 10% from their recent all-time highs. so, we're seeing some of the big momentum names here getting sold off perhaps as a little source of funds or just taking some of those profits off the table. we haven't seen a big pullback like this on the nasdaq. a better than 1%, nearly 2% pullback in an awful long time a lot of traders, as they have been saying, saying we are, perhaps, overdue for this kind of profit-taking, a bit of a pullback the nasdaq composite itself, not in correction here with the decline. it's only the first week in five that it is lower back to you. >> bertha, thank you we'll check back in with you the dow dow 550 points the vix, volatility gauge, above 17 we haven't seen that in over a year's time. rick, what do you think -- actual