. >> mr. cavender, clearly the bubble is bursting, is there panic? >> i wouldn't say there's panic right now. i think people are very leery right now as to what the government's doing to maifnt stability in thmaintainstabilit. but i think the government has some tools we can bring into play, we're probably going to hear them talk about lending out more money to smaller businesses in china. that's probably a good thing. it may or may not be enough but it may be a start in the right direction. >> two things, are we already seeing i signs, similar to quantitative easing, and if i have a 401(k) what stocks or indices should i be moving away from? >> you know as far as what china's doing right now they're taking the steps they can but i do think we're probably in for a little bit of a rough ride, still a little bit of volatility as the market jumps up and down over the next couples of weeks. if i had money in 401(k), i am thinking about cash if nothing else. before looking at making new investments and when i did it would probably be in index funds, maybe