It's interesting (the Cohen news) had such broad ramifications today.

What's happening is the traditional old line industrial companies are seeing their fundamentals erode as (interest) rates go higher.

The fundamentals for technology stocks are very positive.

With rates going higher, I'm staying away from the old-economy stocks.

There is some good news in this report today, which is that this video game industry one has the best rating system of any entertainment industry. And it has done more to respond to the FTC (Federal Trade Commission) report last fall that said that the entertainment industry was marketing adult rated products to kids,

Today is very news driven. You've got GE, you've got HPQ, and the economic reports were a little better. It's the tech stocks that are leading the way. You're seeing a rotation out of the consumer stocks and into the techs.