and we're slowly beginning to realize, we're just trading inside that band >> tony dwyer, you were with us, you said, this was in the midst of this "v" bounceback that we saw from the february low. the dow broke through its prior low, as you said it was probably going to do. the s&p got 19 points away but for all intents and purposes, we'll say it retested. positive where we are now as a result of what's happened since? >> the thing that's amazing, scott, this is so not about fundamentals when you get a shock drop, which is what made us call for the retest on the show, it becomes a human nature thing no individuals or institutions in the two-day decline of a thousand points a day do anything, they're trying to figure out what the heck just happened so what you get is this violent 5% rally back and you retest and break the low. you have to buy it that's been our plan the whole time it's not that the fundamentals are shifting so significantly. they really haven't. >> the big worry was that they were going to shift because of trade policy >> you know -- >> that's where we were when we came