That's terrific if you're a BellSouth shareholder ... but there are too many negatives poking at the market right now.

The market overreacted to the storm and that attracted buyers at key technical levels,

The financials bottomed out in mid-October. Now everybody and their sister is saying they've got to buy them. There's a perception that the yield on the 10-year note is not going that much higher.

It's the kind of market now where (investors) have to get out -- to lighten up, ... Interest rates are making people do that, and fear of a slowing economy and higher inflation. If that's the fear, then prices come down.

We had the Nasdaq acting poorly all day, even when the Dow and the S&P were doing well all day, ... But breadth has gotten increasingly negative. We are just seeing technical action here and higher oil is just exacerbating the move.

As a society, we need to think about what fairness means. Is the ability to reproduce a basic human right? Is it part of medical care? And does it extend to all people, regardless of their age, sexual preference, and health condition? Once we get even a rough consensus around this issue (even if it is forged at a state level) we can begin to craft policies that make sense. Where should we draw the line on what kinds of children people can create, and what kinds of technology they can employ? We've already said no to reproductive cloning.