Trying to Time the Market Is Difficult

Phil polumbo: Historically, when you get to a point where a fed starts to talk about tapering and dust art to taper and move into stimulus planed at that takes money out of the economy. So we wouldn't be surprised for that. We don't really try to time markets in a short term. I'm selling at high levels, not low levels. And we believe that's the prudent thing to do rather than trying to figure out is the market o to be down ten % from here or 20 % from here.