Funds are choosing to lock in their profits after decent gains recently and more profit-taking will likely occur in coming sessions.

The traders are simply taking profits. They want to lock-in their gains before the inventory report comes out on Wednesday.

We have seen good interest from funds, along with some bouts of profit-taking. But whenever we see that, new customers are stepping in,

In fact, most notebook contract makers are now posting much lower profit margins than the 5 to 6 percent reported. A five-percent margin is already a good deal to most.

Even if I'm taking out the trash, I lock the door. So for me, it's great.

The market were under pressure from profit-taking after consecutive gains in the past four trading days, and record-breaking crude prices also renewed concerns over cost pressure.