i was actually able to find and employee of steve madden. this is virgil. did you see when you walked into the office? how did this play out? >> i went into the basement. it was smoking. i went into the basement to check the furnace, we had a heating problem or something. there waes coming out. we got outside o were problems with heat in the past? >> in the past maybe a little smoke will come out of the furnace. got it fixed. i thought. what time did this all happen? what time is it now? happened around 9:50. >> down to the basement sme smoke, see flames. headed out. >> if i didn't see the flames we'd proba still be in will. >> r unbelievable. virgil employee at steve madden. street closed as far as we can see east here. hopes back up on wisconsin. the reporting live in northwest d.c. zachary kiesch news 4. >> thanks zach. >>> and a showdown now over your right 20 smoke marijuana in the districtn yang tells us what you need to know for when the drug is set to become legal tonight marijua is set to become legal at one minute after midnight tonight provided t

are still shut down in georgetown after a fire breaks out inside the building that houses the steve madden store on m street. brianne carter joins us now with a look at the damage. bri? >> well jummy, very active scene here. you can hear the fire engines revving as they wrap things up. take a live look at the building behind me. you can see all levels of this building we understand were impacted by this fire. firefighters were called out here before 10:30 this morning. now, we spoke to one person who owns a spa in the top level of the building. just before 10:30, they started to smell and then see smoke inside of the building. take a listen to what he had to say. >> suddenly around, i would say, 10:30 or so we saw some smoke and it got worse by the second so we made sure that everybody from the shop was getting out in time. >> the cause of this still under investigation. he said that he first saw something coming through the wall and he talked to the other business owners here inside and they all smelled or saw smoke as well. we do understand this building houses about four different busin

it broke out at the steve madden store ju store worker tells us he went in the basement and saw the furnace on fire. everyone inside got out okay. >>> just two work days left for congress to come up with funding for the department of homeland security. the budget expires at the end of the day on friday. the senate impasse appears to have broken within the past hour.e senate voted to advance the funding bill for further consider but even if it passes the bill's fate in the house is unknown. if the deadline comes without a soluti in place thousands of people in our area will be forced to work with no idea when to expect their next paycheck. we're learning new details about a possible motive in the murder of a retired 95-year-old navy officer in maryland. police tell us 60-year-old eric dyson lived in the same senior citizen apart complex as the victim dan belvin. according to cou documents, dyson admitted to stabbing belvin sayin the motive was sexual in nature. investig also say dyson used the victim's credit cards rackin more than $5,000 in charges. > a meth lab, new at 4:00 it shut down. t

what's responsible for all this smoke that rolled out of steve madden. >> my manager told me we had somefi t heating. i smelled smoke later, around 10:00. i went downstairs to check and see if it was on fire like our furnac the doors. that's when virgil jeffries and his co-workers ran. this video shows what they saw when t scary. never been in a fire. >> it came around 10:15, the call. it w out by 11:00. not before the smoke made it upstairs. e employees were forced to evacua nearby businesses and the disruption became the main event. wh spent firefighters and yellow polic tape snarled traffic, people std and wanted to know. what happened? >> i mean got to suck for business he owns a spa on the second what's the damage? >> we haven't seen it yet. >> the walls and floor were torn badly in the fire. he's been here s emotional fou emotional. everyby is safe. that's the most important. everyt els is secondary. >> rep the good news is that nobody was injured. reportg in northwest d.c. zachkiesch news 4. >>> tracking a home burglar in the fox mill area of fairfax county. trac him all the way t

and 50% of the products come in through the ports, stocks down today like mattel, hasbro and steve maddeningdown. back to you. >> okay bob, before the declines, we have the s&p 500 hitting new highs again as bullish sentiment is returning with a survey from aaii showing optimism at the highest level since the start of the year. more good times ahead or is this a sign of caution? bringing in rob, prosecute president and chief investment officer, and the ceo of first allied asset management joining us on the program. you're a bull calling 20% upside for the s&p looking for 2470 in the upcoming months? >> yes, yes susan. investors have to realize where we are in the phases of the bull market. a great way to look at the market is when you first enter you're in the denial phase. move to acceptance which we've completed, i think, and then commitment, and commitment is when investors are actively raising a risk level of the portfolios. we're not anywhere near the fourth and final phase, the markup phase. this is the greed phase of the market. i think we have 24 months to go until that time and i th

piper jaffray says most at risk are shoe companies like croc steve madden toy companies like mattel and hasbro. also companies like rubbermade and jarden which sells outdoor equipment, and two restaurant chains, not sure why, maybe it's supplies ignite with john's macaroni grill and cheesecake factory. potential beneficiary ross stores because once all that apparel finally gets off the docks there may be a glut, and retailers may not need all of it anymore, but for ross. tjx too. >> jane you know also the west coast, this is an orange farmers worst nightmare. california citrus crop getting squeezed by not one, not two, but three threats all at the same time. this past winter has been warmer than usual in california. now, that actually might be good news for the locals but some bad news for citrus growers. meantime, we're looking at some warmer temperatures taking place in florida, and then the cold snap taking place in florida, mind you. may freeze the crop before it even grows. that's all bad timing with the west coast. port standoff taking place, as jane was pointing out. also thousan