sfg alternatives, who is bearish on this market, and matt shapiro, president of mws capital, who is a raging bull. matt, you believe investors are not bullish enough. why? > > they are not, because we have a housing recovery and some of the best economic fundamentals we have had in quite a while notwithstanding the fiscal cliff slowdown in gdp that we found out about yesterday. however, if the market returns to its historical median valuation, we can go 10-15% higher from here, and i think the market is going to extend higher to a new level, and investors who don't invest long-term are going to regret not participating in this move. > larry, will they be sorry? what are your concerns about the market? > > i don't think at all. it is true that markets have a way of moving long before the math and the headlines say so, but right now the growth metrics have to revive themselves. something that we are seeing in china, but we are not seeing in europe and the u.s. we have made a nice run. it is time for a breather. i see a 5% correction in the cards very soon. > matt, at some point, won't m

that is larry shover of sfg alternatives. thank you larry. > > thank you. it's estimated that there are more than 8.5 million industrial and service robots in use in the world. they make cars, process food and protect us in defense applications. and as our cover story shows you, more of them are being designed to work side-by-side with humans in the workplace. more than 120 companies brought their latest creations that lift, sort and do repetitive motions in the workplace. "we're trying to give the robots more human attributes and also add sensor technology." a lot of this is dedicated to heavy-industry. the plexi-glass safety wall used in this display is often common in the workplace to prevent injury. but now, more robots are being developed for the workplace, with people standing right next to them. "it hits me and this message pops up on the screen." "it means that you can have the robot working side-by-side with someone and there won't be a need for any safety walls around the robot." since 2008, universal robot, a danish company, has installed 1500 ro

larry shover of sfg alternatives joins us. and what do you think here larry? > > yesterday's number was good. most people weren't expecting them to beat on revenue. but they beat by quite a bit. people were maybe thinking earnings per share, that could be better. but that is a good thing for the market, a good thing for the materials sector. i think it is going to give a lot of confidence going forward. > the stock market pulled back yesterday. should investors be concerned about that, or is it just one of those things that has to happen here? > > let's look at what happened. we had a gigantic rally january 2nd. right now we are just digesting and consolidating those gains. we are seeing correlations break down, which means certain groups are doing better than others. people are just kind of consolidating what they have and looking forward to what the next catalyst might be in the stock market. > > unemployment is stuck at record levels in europe. should the average american investor be concerned about that? > you know, we should be concerned if it persists, a

so can we just ask you to put that back on the overhead for a minute and we'll see if the folks at sfg-tvmage broadcast. seems like there may be a problem. let's >> president hwang: thank you mr. sanchez. we can hear from ms. stott now. and i think you can take that off the overhead now. >> good evening,gc i don't have a whole lot to say. i stand by what i wrote in my briefs and what i said the last time. i believe that the planning department has been more than generous with david. i believe a lot of the delays were of his ownfpa÷ making. the original appeal was because he was running a hotel. and the use of the building, no matter -- no longer matched what was on the permit, which was a threexo!,a+xg9i6náu residential building. as far as me6f work on the 311, i'm not3:zp0Ñ quite sure exactly what 311ó understanding is when david filed an appeal before i filed mine asking for -- saying he needed more time, in case he needed more time, it was kind of in reserve, but my understandingm:( #7> was he filed an appeal, the work stopped. and in fact, when i went down and filed that appeal, i was

you can search the hash tag sfg trophy. b bob redell, nbc bay area news. >> not even baseball season and a lot to talk about. >>> surf is way up in half boon bay this sunday. mavericks international -- or rather, mavericks invitational organizers say an incoming swell should deliver powerful 30 to 40-foot waves this weekend. for the first time in two years, 24 surfers from around the world are now on notice. the big wave competition kicks off at 8:00 a.m. sunday. >>> the beach that fans usually flock to, though, will be closed. law enforcement will be blocking access to revent a repeat of fan washouts when waves knocked spectators off their feet. there will be a festival with big screens. and updates, of course, on the 49er playoff game will be provided. sonkts are you going to head out saturday night? you're going to be surfing or sunday morning? >> i'm not a water girl. i'm going to be on the couch. >> exactly. >> i'm going to be kaepernicking. >> why wouldn't you? >> strong. good guns. >> meteorologist christina loren. i

their kgb reports and i cannot get a look at a report that was made for a visit to my house for the sfg, and that is ironic. >> any further public comment on this matter? >> commission comment? >> no. >> public comment is now closed. >> >> please call item number ten. >> we have to vote on nine >> let's vote on nine. >> the vote to elect whether to disclose anything on item eight. san francisco, code section 67-12 a. action. >> just for the record before we vote. this is only the second time that i have actually had to do that to move a disciplinary matter or a personnel matter up. it is a sensitive issues and we did it for a lot of reasons. and it was perfectly permissible to do so and it was done so with the advice of the city attorney. so, i believe accuracy in what the people report to the commission and say in front of the commission and sometimes that is lost. so do i have a vote? >> aye. >> aye. >> all in favor. >> please call line item number ten. >> item ten. >> adjournment. >> a motion? >> i so moved. >> second. >> thank you. push he jennifer low and the clerk of the meeting,

the hiring of two sfgs technicians and the interim use of 11 sheriff deputies to help suppression efforts. >> council members got an earful about why they shouldn't hire him but tonight he says he's ready to take on the challenge of facing oakland's soaring crime rate. vick? >> i shock with bill brat onin detroit. he's trying to do the same turn around there. he told me he's eager to start in oakland. he says he's going focus on gangs and guns in oakland and he has no doubt he'll be successful. >> bill bratton is confident he'll reduce crime in the city of oakland. >> i've never had a yir in which crime did not go down in the city i was working in. all of the cities after i left, crime continued to go down. >> the basic philosophy is there. control behavior of criminals, flood hot spot was officers. as police commissioner in new york city, hot spots where shoot shootings occurred. he reassigned hundreds to the narcics unit. drug-related homicides dropped more than 90%. >> we ree dus it by controlling illegal behavior. if you change the behavior. you effectively reduce the amount of crime