pavel baev, what do we know of the extent of the russian involvement right now in syria?very little is actually known for fact, and what is known doesn't make much sense because what russians are saying is, yes, we are supplying small arms and munitions and personnel carriers and some military advisors and some technical personnel. this sort of military weapons doesn't need any technical advisors and personnel. they're elementary. so the feeling is that the russian military delivers produced political spin and that was deliberate. >> ifill: steven simon, do we think we're talking about advisory help or combat help? >> well, we know that the russians are worried about this -- the viability of the syrian regime right now. the syrian regime has absorbed pretty serious losses in the past year. 2014 hay that did a good year. 2015, not very good. they're under pressure in the south and now in the east, lost palmyra. they've got a demographic problem. it's not clear how long they can actually keep up the fight. for the russians, the viability of this regime is extremely importan

pavel conja is roma and has been at mirov for 10 1/2 years for multiple counts of robbery and theft. >> translator: we don't have any rights here. there are skinheads here, fascists, we are attacked by them all the time and the government of the czech republic doesn't do anything about it. we just don't have any rights here as far as we, roma, are concerned. i'm kind of afraid of getting out because i don't know how things will go with me. >> according to him, he grew up as a gypsy, learning how to rob and be a thief and that's all he ever knew. that basically -- he was in and out of prison a number of times. >> when we met him, pavel was only weeks away from his release date, and his prospects did not look good. >> translator: i don't know. i just don't know what's going to happen to me. my parents have died. my grandmother and grandpa, i don't have anyone. i'm an orphan. i'm 42 years old. i don't know where i will go. i don't know because here in the czech republic, there is a lot of racism and i am roma and i am afraid of coming back here. and i just don't know what i'm going to d

lloyd and pavel may have some insight. highlighted how the dow and oil have almost been perfectly correlated in the last two to three months' time. who's leading who here? i know you're not equity strategists necessarily but i'm sure you have an opinion on it. >> right. well, i mean i think what's happening in the oil market fundamentally is people were concerned about supply so the opec production, saudi looking to price out some of the higher cost producers, iran coming back into the market, and then that's flipped a little bit to concerns about klein. i think that the concerns about china are probably impacting a lot of the market as well so you're seeing these things move a little bit together. >> yeah, pavel. you've been leading this call. months ago on this program you knowed that some of these stocks are going to be in big trouble. a lot of people keep saying buy the bottom, buy bottom, whatever that is. are you fundamentally now more bullish on oil equity stocks than you had beenen? >> right now the average oil sto

. >> let's speak to pavel, a defense analyst and a columnist with the russian newspaper. he joins us via skype from moscow. thank you for speaking to us. the kremlin says the involvement in syria will be limited to air strikes, but what is the target. who are they targetting. is it i.s.i.l. or the bashar al-assad forces, or both? >> well, we are saying that we are going to hit terrorists. >> who are the terrorists? >> well, in the recent view, vladimir putin says he doesn't know about the decision, and the role of terrorists. but it could be approach also the - bashar al-assad opposition forces too, especially would be easy to attack, at least idea logically the al nusra front, since it's affiliated with al qaeda, and the opposition is more of a direct threat to the bashar al-assad regime, forcing us than i.s.i.s. >> to clarify. they'll target bashar al-assad forces and i.s.i.l. if there are going to be air strikes against i.s.i.l., will russia coordinate with the u.s. and the coalition partners who have been lunching air strikes against i.s.i.l. >> yes, the fact that the

. >> oil stocks with raymond james, pavel, great to have you with us.n your model what do you have for the big oil price? and where do you see oil in future quarters? >> yeah, we're looking at $45 wti in q4, ramping gradually into 55 as an app and at the end of 2016 we think oil will be, you know, well into the 60s. the timetable and trajectory to get there is obviously going to be choppy. >> does that incorporate the iran deal, the notion that iran will put more oil on to the market? >> it does. >> okay. >> and in fact if the inspections, you know, take longer and it gets delayed, you know, that would be upside to oil prices. >> you bring a couple stocks, occidental and marathon, and they are both underperforming in today's oil rally, pavel, and marathon more specifically has been underperforming the group as a whole for the past 12 months. why do you like them, and why do you think they have been underperformers? >> occi has done quite well beating the index and mro has lagged. both of these companies are an excellent i.d. market and dividends are tan