Can the money go into the industrials? Tough call, as steels are getting killed but the United Technologies (UTX)-type names are capable of making a comeback, provided that you don't run into an Eaton (ETN) problem.

Can the money go into the industrials? Tough call, as steels are getting killed but the United Technologies (UTX)-type names are capable of making a comeback, provided that you don't run into an Eaton (ETN) problem.

Let's put PPG (PPG) and Danaher (DHR) in that category too. Maybe Honeywell (HON), although it has more aerospace as a percentage of business than UTX does.

Let's put PPG (PPG) and Danaher (DHR) in that category too. Maybe Honeywell (HON), although it has more aerospace as a percentage of business than UTX does.

Let's put PPG (PPG) and Danaher (DHR) in that category too. Maybe Honeywell (HON), although it has more aerospace as a percentage of business than UTX does.

People suddenly like Caterpillar (CAT)! Talk about bizarre -- nothing's happening there at all that is different from yesterday.

Retail? If gasoline goes down, absolutely, and gasoline will tick down next week. But again, being in for the quarters may cause real hardship. Perhaps, just perhaps, the Macy's (M) and the Nordstroms (JWN) of the world have gotten too oversold and could be like the banks.

Retail? If gasoline goes down, absolutely, and gasoline will tick down next week. But again, being in for the quarters may cause real hardship. Perhaps, just perhaps, the Macy's (M) and the Nordstroms (JWN) of the world have gotten too oversold and could be like the banks.