"Nobody wants to have a position until we have a look at the trade number."

A trade number that shows a deficit of around $14 billion won't have much an impact.

Of the figures, the trade numbers, which will be released Tuesday, are the most important.

That could mean bad news on the trade number.

"We are in a holding pattern waiting for the trade number."

"The last trade number was really a slap in the face," one dealer said.

Hidden in these overall trade numbers, though, was some good news.

How fast the new era of good feeling will turn into big investment and trade numbers is another question.

"Right now, the trade number is the big dread item."

I think we'll see good trade numbers going on for the next three or four months.