It's mostly just celebrating that Rita didn't turn out to be as devastating to the Gulf as feared, and energy prices are down, ... Almost all sectors benefit because people have more money to spend.

[The rise in energy costs caused by Katrina is] going to start taking money out of people's pockets that they would have spent on something else, ... Look for the (impact) in the earnings of discount retailers, restaurants, and travel sectors - start to look for GDP to be impacted.

A jump in durable orders is also a plus.

Nasdaq had a pretty big pull-back yesterday, so Intel's helping today,

In general we try to cut our positions at the end of the day and even more so on a weekend. Ahead of an event like this, you're going to be a lot more conservative than normal.

There's been a lot of activity in restaurants and stores on fears there will be damage to their operations.