The news is just devastating. I rushed immediately to the airport.

There is some good news in this report today, which is that this video game industry one has the best rating system of any entertainment industry. And it has done more to respond to the FTC (Federal Trade Commission) report last fall that said that the entertainment industry was marketing adult rated products to kids,

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.

Between very high short-interest looking to cover, fairly good economic news, signs the Fed is staying put and better earnings on the way, people are very eager to get in right now, ... I think that barring a terrorist attack or some very disappointing earnings, the market looks like it's going to continue to gain through the next few weeks.

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.

I think the good news is that the current quarter is OK, and the challenge is going to be what comes next,