the bottom line is, according to bottom pesani, according to john hilsenrap, according to everyone we talked to, not much change last night with bernanke in terms of tightening and tapering. typeerring will end, tightening will likely not happen for two years. the difference between the two is very important. steve, if i'm wrong, i'm wrong. is this a fed-based rally? >> no, we think it's not, although clearly today it is just because everyone was so bearish about where the fed was going. but we think it's a rally based on fundamentals. growth will be coming through in the second half. maybe the market is starting to sniff that out. we think we're transitioning from the world is not ending tomorrow to the next phase, which is that, gee, we're actually going to grow again. the fed is simply reacting to that, and we think the market may be smarter than people think it is, and the market is sniffing that out, too. >> we're finally moving on fundamentals. for the longest time, fundamentals were kind of pushed to the back burner. do you agree with steve, dave, that now we're finally moving