You take today and the rest of the week with a grain of salt. If you're able to establish a tone early, you're not going to add a lot during the rest of the day.

It was more of a mixed market than anything. The overall tone of the market has been sloppy It's disappointing.

I think the market has enough positives to get back to the upside shortly. We need to avoid any mistakes. I think that's the catch for today. The Dow breaking 7,600 would be a mistake.

We had nice strength early, and then bonds reversed and stocks followed. It's certainly a bit more choppy and wide-ranging than you would expect to see. The technical picture has eroded from positive to neutral.

There's weakness in the technology stocks that have been helping the market very visibly.

The small caps held up better.

If the characteristics fall into place, the quality of the market action falls into place.

8,000 [on the Dow] is now going to be the first level of supply. I would agree with that. Expanding volume will help take on that resistance.

We need bigger volume. We need consistency of the 2-1 [breadth].