There is still a worry about a possible major correction on Wall Street in the short term.

The correction on Friday eradicated some of the bullish consensus. It's the nature of this market to correct in an abrupt, steep but short-lived fashion.

We've had one night of the Nasdaq doing well, we don't know what the next night will bring. The market's not really relaxed about the situation.

The market is up but I think it will stop short of 15,500 and we'll see profit-taking. The market is still very unsettled and the turnover is not there to support the idea that people are coming back to the market.

There is buying this morning on relief after the interest rate news but people are hesitant to go all out because the focus is shifting to what Taiwan's new president will say in his inauguration speech at the weekend.

I think the Nasdaq is playing catch-up, because we have had a full blown correction in most of the major indexes, but the Nasdaq hung up there I think toward participating fully,