The Japanese market is closed today, so there are few reasons to prompt investors to either sell or buy. Besides some investors are still in a holiday mood.

The reporting season is in full swing now, and the market's direction will hinge on blue chips' results.

The big loss at the last day of trading in 2005 was a bit unjustified. The selling was a bit overdone, so today most of the gains were due to bargain-hunting.

Today I felt sick at the start from being nervous. It's been a while since I got sick from being nervous. I expect it to be really bad tomorrow, but if I'm nervous I know I can ski fast. I've learned that.

If they had been part of our union, they might not be in the position they are in today. They did not have company-wide leverage in the discussions about their future. USW workers are protected because we have company-wide leverage. It's the breadth of our representation throughout the company that gives us more strategic bargaining leverage.

The market followed New York only in very general terms today, sometimes distancing, sometimes getting closer. It was very calm.