around the world, and for us domestic investors that used to be strong like commodities, emerging mrketsfor exmp, they are weak right now. it's obvious that the rules, the game is really a changing and leaderare laggers. >> what a the other major things you watch other than interest rates? >> well, i think you really -- ironically, what we'd love to see is real fear. obviously, the market an the weakness is starting to be some front page news, but we have not seen the massive con pitchlation in stocks r bonds that are down 500 day on massive volume that suggest a belonger, tradeable bottom is in place. we have not seen that. a lot of fear and heitation, but not a major signal that we're off to the races again. >> the final hing, quick, bere back to gordon that you look for is a segment that would be a leader, a group that's going to be a leader? >> yes. that's just it. on a day like today, investors say, well, what's out performing the ack? one day the market's up again, and if it's not commodities on emerging markets, what's it hat leads the market o to new highs? it's uddled picture. m