The two biggies after the close (Tuesday) -- Microsoft and Intel -- were OK but certainly not a market turn-on,

The two biggies after the close (Tuesday) -- Microsoft and Intel -- were OK but certainly not a market turn-on.

Tomorrow (Tuesday) we get numbers on industrial production and housing and big reports from Intel, Coke, Johnson & Johnson -- maybe that can turn us around.

When we arrive on Monday, we may or may not know the full extent of Hurricane Rita. The stock market can attempt to discount what is discernible, but when it comes to acts of nature, it can only make assumptions.

Translated, the Microsoft ruling was a major event, but it was so predictable as to have little immediate impact.

I think the market has done quite well in what is supposed to be the worst month of the year, but at some point you're going to run into an overbought condition.