There doesn't appear to be the same degree of necessity to move into safe and liquid investments such as you were seeing last week.

I think it's a phenomenal net plus for business travelers. We're going to have a smaller industry that by necessity means there won't be the frequency of flights and convenience for some people. But up through 2000, 90 percent of my time was spent on three issues -- skyrocketing business fares, gridlock at airports and worsening service levels. I think those three issues will be resolved over the next few years.

Considering the fact we have been thin or illiquid in some areas in the market it wouldn't surprise me if there had been some hedge fund selling.

We continue to see difficulties for the nation's factories. This is a figure that continues to argue for the Fed to (cut a half-percentage point Tuesday).

The lion's share of those bookings have been taken off the sheets, ... It's only after Fed's move last week that we've noticed this improvement?

It has more to do with the fact that there could be a delayed vote because of possible military action,