Net net, we think the risks are tilted toward a surprisingly strong gain in [Friday's] report,

This is another of these little hints that we won't get a strong employment number on Friday.

We think the ISM services number is one of the worst monthly pieces of data there are. On a month-to-month basis, it has no correlation with service sector employment, and on a quarter to quarter basis, it has no correlation with service sector gross domestic product.

As other companies in our industry continue to report strong profits, we delivered a reduced net income ratio for the second year in a row, just as we had planned.

The Nasdaq has at least the Microsoft report to look forward to, which should be strong.

Payrolls were well below the whisper number, so there's been a big sigh of relief in the market,