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

Clearly people feel less wealthy and people are going to focus on what happens to the direction of interest rates. Over the next couple of weeks, as the election subsides attention is going to shift to (Federal Reserve Chairman) Alan Greenspan.

The fundamentals for technology stocks are very positive.

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

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

We have very good interest to sell euros above $1.1929 and very good interest to buy euros below $1.1880.