I think the good news is that the current quarter is OK, and the challenge is going to be what comes next,

Between very high short-interest looking to cover, fairly good economic news, signs the Fed is staying put and better earnings on the way, people are very eager to get in right now, ... I think that barring a terrorist attack or some very disappointing earnings, the market looks like it's going to continue to gain through the next few weeks.

This earnings season, instead of getting a ripple effect on positive news, you're seeing that particular company's stock react, but very little spillover, like with IBM today. The negative news has tended to spill over to the rest of that sector, and in some cases, the broader market.

VC spending has always been a challenge in Illinois, so this is good news.

CPI data was benign but the data was prior to Hurricane Katrina, ... Still, no one is quite sure about what the Fed is going to do going ahead. So the market is not showing much conviction.

I think it is a quarter of a point move up, but a neutral stance by the Fed, opening up the way I think for a big rally for the rest of the year,