mattson says it is appalling. some would say that you set the mayor up? you have a microphone and a camera crew there. warning about the sticker.

well, with their take on what to do with your money after a day like today, our market bull mark mattson, mark and our mark bear jamie, first for the bears coming with an opposite view. why are you bullish in the face of such selling? >> well, down markets are never what destroy portfolios in the long run. it's always panic. remember if you're an investor the next 100% move is up. you need to be in it for the next 20 years and not the next 20 minutes. and anyone tells you that they know what's going to happen in the next 12 minutes or 12 months, you need to run -- fire them, as a matter of fact, because no one can tell you exactly what's going to happen and if they did, they would keep it to themselves. so don't get gambling on the short run. deirdre: all right. that's a fair point indeed. jamie, research firms so not necessarily trading off of this, although some of their team may be saying the global bear market has already begun. do you agree or is that language still too early to call? >> that was a 39-page report. it has a lot of back and forth information. i think it all boils down