The Dow tested it this morning and didn't break it. That's when buyers scrambled to use it as an opportunity to take some stocks that have been beaten down.

The 8,200 level has become a point of support for the Dow.

I think of the sights and sounds and mad rushes of feeling and sensations that come over you all at once when you're in New York.

It felt like a real relief rally. Also on the Dow, we hit a key technical level and we were able to bounce back from it.

[When Gershwin premiered] Rhapsody in Blue, ... too spontaneous, that it created formal gaps. And it's important, therefore, to be able to play in the moment when performing this work, but also to have a clear sense of when time is passing. It's image-filled, but that's New York.

This [was] an expected recovery from yesterday's selloff, ... The only thing keeping people invested in stocks is that the [Treasury] bond yields are quite low. So there's no other alternative.

I would have expected the rally to continue tomorrow, but I think this after-hours news may put a break on it.

The Nasdaq hit its Sept. 21 low, it held that level and then you saw it starting to rise. There was a lot of short-covering and there's really only so much that short-covering can do to the market. I am afraid it may be only a temporary measure here.

This is a market of momentum and right now the bulls have the bears pretty much in a bad spot and I don't see anything (in the next few weeks) to turn that around.