The comments from the Gore campaign this afternoon accelerated the selling.

I'm going to be especially interested if the stock can sustain any upside moves behind the earnings report that is expected to be very good.

It's all related, I think, to the news from Colgate-Palmolive. It's (earnings) preview season, which is always treacherous.

There's a possibility that we may have a very volatile market a very choppy market over the next few weeks. The evidence is growing that the rally (of late April) was just an oversold bounce.

There seems to be a growing perception that (Fed Chairman Alan) Greenspan is engineering what has historically been so elusive on Wall Street. And that's a soft landing, which is generally good for stocks.

This morning's PPI would suggest to us in all likelihood, the market has yet seen its bottom, and it's probably headed lower.

Perhaps as the year unfolds, you are going to see repeat (earnings) disappointments.

Perhaps it's a function of the fears that (Fed Chief Alan) Greenspan has already gone too far (with interest-rate hikes) and the worst news is yet to come.

Technically, it looks like no more than a reflex rebound, an oversold bounce.

The stocks I would watch would be the wireless companies like Qualcomm and Motorola.