and len tenenbaum. we want to hear about your perspectives. may be time to get back into the water and energy. why is that? the trade continues to persist, throughout the year end. you look at expectations on the earnings side, they are quite low and if you look at whereoil is is our and net analysts resume -- net analyst revisions are, there is disconnect with a little bit of lag, so i think you likely continue to see some positive earnings surprises. technicals can play quite an important role in the energy space, as well. represent up to 40% of wti open interest, and they have covered their shorts and the current long. there is a number of supporting factors for energy. the one risk i will mention is the fed. is a that tries to hike headwind for the energy commodity conflict. david: is there a particular sector in the energy where you are going? dubravko: we have been moving more toward bmps. at a lot of the stocks, with the folks that we have been focusing on quality. balance sheet robustness, decent break even, so plays that i would call