A lot of the tech selling is over. And the considerable strength of the U.S. economy is intact, interest rates are low, inflation is not a specter, so money continues to flow into the market.

Every day you are getting new downgrades and (target) price cuts that add fuel to the downside fire. It's end-of-season tax selling and at the same time you have earnings fears.

People are still concerned about the Asia-Pacific Rim, there are noises from some of the brokerages that PC demand is starting to slow -- that is what's sending investors looking for an alternative place to put their money.

People are still concerned about the Asia-Pacific Rim, there are noises from some of the brokerages that PC demand is starting to slow -- that is what's sending investors looking for an alternative place to put their money,

Every day you are getting new downgrades and (target) price cuts that add fuel to the downside fire, ... It's end-of-season tax selling and at the same time you have earnings fears.

The thing about the acquisitions is it shows companies are looking and seeing value in the marketplace, and that spurs investors' interest.