When Ponyboy says this phrase he means that they don't need to say words to share the problems they have in their life. Both of them have problems so they understand each other like no on do : Johny's parents do not pay attention to him; Pony must live his life with a big loss - death of his parents. So they both know how life can be unfair sometimes.
Sample Response: "Sea Fever” by John Masefield uses several poetic devices that classify it as a fixed form poem. It has three stanzas of four lines each; it has a repeating aabb, ccdd, eeff rhyme scheme; and each line is about the same length and uses the same rhythmic pattern.