The J&J and Guidant dispute may be weighing on sentiment -- there's some question about the legal dispute and that's probably had an impact on the tone of the market,

The market reacted negatively to the oil inventory numbers. But we've had a pretty decent run-up the last couple of days, it's been a very strong first quarter.

The market is still trying to get a feel for this trading session, but a rise in oil prices is always good for the energy sector, while it hurts almost everything else.

A jump in durable orders is also a plus.

Investors are feeling that we've seen the bulk of the gains already so they're taking some money off the table. There's no major catalyst to keep this rally going.

In general we try to cut our positions at the end of the day and even more so on a weekend. Ahead of an event like this, you're going to be a lot more conservative than normal.

A rise in oil prices always has a negative impact for most stocks, except for the ones in the energy sector. Today's upgrades though are certainly a positive and may help lift some stocks.

It's very, very early in the earnings season, but so far it's been pretty good. We started (the day) with people optimistic after yesterday, but the enthusiasm has faded.

It's mostly just celebrating that Rita didn't turn out to be as devastating to the Gulf as feared, and energy prices are down, ... Almost all sectors benefit because people have more money to spend.

Consumer confidence is the big number today, ... I wouldn't be surprised by a market rally if the numbers come on the stronger side.