This story is a little bit surprising in terms of the players, not in terms of the deal.

There was worry that something stronger would keep the Fed going. There is a bit of concern with a bit of wage inflation, which corroborates yesterday's poor productivity numbers.

(The GDP) doesn't justify the slower earnings picture later in the year. There's a little bit of saving grace in there because we're seeing a strong economy still with no dramatic inflationary prospects.

(The GDP) doesn't justify the slower earnings picture later in the year, ... There's a little bit of saving grace in there because we're seeing a strong economy still with no dramatic inflationary prospects.

There is a little bit of profit-taking and a little bit of nervousness as we go into Thursday's GDP number, ... The durable goods number was a little stronger than expected. That shows continued strength in the economy. That is not what you want to see right now.

Next week's retail sales numbers and inflation numbers are going to be some key statistics to give us a little bit more input into where the Fed stands.

The market is operating under a little bit of a caution flag here, with energy prices way too high and a fourth quarter starting to show a slowing earnings trend.

It's very focused on the Intel and IBM story today but it's a fairly flat trading day, ... All we've done is gain back a little bit of the massive losses. The damage is still out there with the losses still sitting around.

We may need a little bit more of a washout here to get that summer rally,