michael holland. >> good to see you.ou: 16,000. >> thank you very much, i cause caused most myself, we've been parents,

michael holland. >> good to see you.nk you very much, i cause caused most myself, we've been parents, we told kids. lou: and we remain so. >> we tell kids tngs over and over it takes a long time sometimes. the federal reserve hand by saying to the -- has been saying to the investment community, tapering is not tightening that mean fed is going to stop buying bonds. it is not tightening, tightening is like -- >> if it were. market today dismissed it. a triple-digit rally. >> it is figuring out what they mean. lou: are you telling me 24 hours ago they were stupid and they got smart today? >> i guess not. lou: i'm curious. >> today was a couple things could one of which was, market had some rediculously big moves to upside that gave back a little bit, this market has a lot of cynicism, a lot of people areatching the show not for me, but othereople who have interesting things to say about washington and the world, but the stock market, they can't care. lou: i love the fact we are watching this idiosy in washington d.c. they