You do have some impetus today but there's little conviction and little volume. I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).
You do have some impetus today but there's little conviction and little volume, ... I didn't see any specific reason behind the rally - people may be just trying to outguess the outcome (of the Fed meeting).
Energy prices, which were lower, have turned up. I think we quickly came to the reality that a less-than-expected outcome from Hurricane Rita doesn't take away from the worse-than-expected outcome from Katrina.