. >> mel, you and i every once in a while text each other, haiiku. you know what a great word is? equivocation there was some equivocation going on here. am i right or am i right long term i think it probably goes higher. short term i think you fade it >> so we're at the higher ending of the sell range in the s&p that's 2715. guy just talked about it that's where you want to sell it the last gasp in this rally will be the china trade deal. once that gets done, that's the only thing holding this market up. >> the hope of a deal? >> the hope of a deal. when the deal gets done, the market should start to collapse, so i would fade it. >> everybody has been expecting this market to sell off. the reality is that earnings have proven that the u.s. economy is continuing to deliver for a lot of these companies i don't change suddenly and say it's full steam ahead, but i can tell you there's a lot of money that wants to continue to take this higher. >> it has to. >> i get that. and we said that 200 points ago on the s&p >> but these are -- >> if you look at the multiples and look at the ear