he is here along with lauren lyons cole, a contributor to the street.com. lauren, what do you think of this analysis? it is spooky. >> volatility, sure there will be volatility. we're still confused about oil. there is a lot going on. this is a time for investors to look at your portfolio if you're young, you got time ride it out. melissa: i don't know. this is bank of america. they're telling people to go into gold and cash. that is pretty serious advice, judy? >> i think it is and i think it will have the effect of scaring people into perhaps balancing their portfolio as lauren suggests but i think what worries me is the instability of the middle east and in europe. the all these factors that the united states doesn't control that are going to affect the market and certainly could. melissa: without question. they talk about cleansing drop in asset prices that can't be dismissed right now. that might be coming. other factors you talk about, judy and other factors that walmart came out on their earnings said that a lot of shoppers are keeping whatever cash t