You're seeing a knee-jerk reaction to the tremendous gain in energy prices. It's also a reaction to the contrived gain on Friday.

I think we'll consolidate around these levels, maybe pull back a bit next week, but nothing much.

I just think we can't seem to get out of that range we're in. We're in a seasonally difficult time of the year. All the good news is in the market ... it needs a new catalyst.

Next week is the big one for earnings. You've got Microsoft, Intel, all the banks.

It's really impressive. It just keeps going, regardless of what the news is. If there is any pullback, it's going to be minor.

The good thing is that the trend remains positive.