ann from wells fargo advantage funds, zack carabell, and jeff cox, all joining me right here. seth, what did you make of the fed's announcement. does it make you want to buy more or fewer stocks? >> we're more of an investor over the long horizon. and that's a better entry point if you want to be positioned for what we think over the next few years is going to be a good environment for stocks. >> actually, you feel this market is still cheap and the quality of the market is better right now, right? >> exactly. if you look at what stocks are trading at today, it's a little bit under 14 times this year's earnings expectations. and actually, the quality of companies, as you say, is extremely good. they're generating lots of cash. their balances are in great shape, and compared to previous times when we were at these levels, the market is in much better condition than it's ever been before at this price. >> zack carabell, lots of people have been waiting for this correction to begin, of some kind. you're kind of disturbed about all this skepticism in the market, aren't you? >> you

we have zack carabell. walk us through that chart. >> i don't know if it's a better company, but it's clearly a better stock chart and one we think has significant upside from current levels. when we look at this chart, we see it's tracking this bullish 12-month trend channel, riding that wave of the 200-day moving average. earlier this month, we get a bullish breakaway gap. now, the combination of that bullish breakaway gap and the upside breakout from that trend channel suggests that the bullish trend is accelerating to the upside. we think the stock can reach $53 a chair. >> all right, well, zack, you going to buy it? >> i am not. it's been an amazing stock, no argument. it's got this sort of charismatic, straightforward ceo, which you have a lot of in the media, because he actually answers questions and doesn't just talk from talking points. but the reason aig's stock went up is because it recovered from near-death and is well run. it didn't go up because the chart looks good, it went up because the com