I wouldn't be surprised to see the market pause next week, unless we get some positive news. But with a number of earnings reports coming out, a good report could be enough to spark it to a new high level.

This earnings season, instead of getting a ripple effect on positive news, you're seeing that particular company's stock react, but very little spillover, like with IBM today. The negative news has tended to spill over to the rest of that sector, and in some cases, the broader market.

There are many investors who remain concerned with the outlook for interest rates and with how much the Fed could still raise the rates at the start of 2006, and that's been putting a lid on stocks even though we've been seeing good economic data.

The combination of large deals and a decline in oil prices was the highlight of today's trading session. The week started on a more positive note, with good news on both corporate and economic fronts.

The market reflected losses on foreign exchanges. We're waiting for positive news. We did not have any large sellers. I expect the market to recover next week after this week's fall.

I continue to believe that locally, we continue to benefit from a positive bounce in shipyard-related news (despite) higher gasoline prices and other national news that might cause people to be cautious.