Unless he should say something really out of the ordinary, which is unlikely, I think his comments will likely have a limited effect on stocks,
Snow's comments about the dollar are giving investors a good excuse to take some money off the table after the recent run up, ... But basically, this is just a lot of profit-taking.
There's skepticism about earnings -- companies may report good earnings but they might have some negative comments to make about future revenue growth.
Mr. Greenspan's comments support equity gains, ... And investors may have turned around their view of Intel.
Mr. Greenspan didn't say anything new but his comments were one of the reasons we saw this early spurt take the market up and wane in the afternoon. But when it's all said and done, what the market is really grasping for here is some really good earnings in technology stocks.