Dealers took profits from a powerful rally last week when they saw the dollar's surge running out of steam.
But the stock market will have to stage several powerful rallies to regain the ground it lost during February, which ended yesterday.
The market, which staged a powerful rally on Friday, began the week on a more cautious note.
"In the midst of that, you get very powerful rallies," he said.
The report sent the dollar down against European currencies and ignited a powerful rally in the bond market.
Stock prices surged in a powerful rally yesterday, sending the Nasdaq up 5.26 percent.
The figures touched off powerful rallies in the financial markets.
But these splashy moves have overshadowed a quiet and powerful rally in small stocks.
But a powerful rally reached a peak on Monday, then suddenly collapsed in the last hour of trading.
Treasury bonds staged a powerful rally yesterday, despite a stronger-than-expected jobs report.