world. everything gets produced in china and sold around the world. the reason china is slowing is the world economy is slowing. that then -- the inability of china to deal with it is making people think that the world economy is slowing a lot worse than they thought, which is why we see market turbulence not just in the u.s. but all over the world. >> thanks, jim. i called you peter but i know you are jim. before we go, richard, just want to ask you this. one of the oldest investing rules in the book is the simple thing buy low, sell high. look back at the past market crashes, people made a lot of money, who had the guts and money to buy when the market crashed. you never know when the bottom is. >> buy low, sell high, if you know the direction. if you are not trying to take on the professionals. if you are an amateur at home looking at your 401 k and worried, sit this out. i guarantee, if you try and play into this market, in this -- in these conditions, you don't know