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Let's bring in our market panel we have -- Rosenthal Rosenthal wealth management president and -- solve all S&P capital IQ chief equity.
Strategists and -- I EM hesitant to.
Guess what his IQ is on this -- I've got to go first year because a lot of people are saying look you were ready for a pullback we've had this tremendous wrought tremendous run up.
Since the beginning of the year it is time for little pullback a lot of cash by the way is waiting.
On the sidelines for that pull back are we gonna see it.
All I think we probably will I think when you go back to World War II you'll find out that we have had a decline of anywhere from five to 20% every year.
So there's no surprise that we probably could get something this year but I think investors would look upon it as being a buying opportunity and start to put some of the cash to work that they've left on the sidelines.
You know but Larry certainly investors -- tell investors do get nervous in particular when -- CBS and he would just risen about 11% since mid November.
When you see that big percentage jump you can't help but wonder if that ride can continue and if that doesn't at what point do you do you -- -- positions.
Well -- it's it's a good point and and when -- took that you look at putting new money to work one of the best ways to go about doing it when the markets are this frothy is dollar cost averaging bring the same amount of money into your portfolio.
Continuously over time and in taking advantage of firearms and dips.