I don't know that money managers controlling billions of dollars are going to make major choices based on this minor development, |
I don't think the money managers are going to go rushing into stocks just simply because we got to Dow 10,000. |
I think the Dow is going to be under a little bit of short-term pressure, particularly with technology under a bit of a cloud. But I see it as a temporary situation. |
I think the market has done quite well in what is supposed to be the worst month of the year, but at some point you're going to run into an overbought condition. |
I think we're in the twilight zone. You have the confessional period followed by the summer doldrums, so there really isn't anything that's going to spur it to the upside. |
I'd be a selective buyer. |
I'm amazed at how well the market has held. This sideways action shows a very strong market. |
I'm expecting more of the same. |
I'm really amazed [The market] is getting tired, but invariably in the last hour of trading there's a cavalry charge and we close at a new high. |
If I was doing some bargain-hunting in blue chips, those are two that I would go after. |
If oil could get down to $35 a barrel, that would be gratuitous. When oil got to $41.85 [last week], the fear was that it would blow off to $50. I don't know if oil could get down to $35, but there would be a positive reaction to that. |
If the consumer starts to cave in, the 'double dip' aura will come back. I think that (the Consumer Credit report) is what created this final selling. |
If the Fed even hints that it will stop raising rates, that would be a major catalyst to move the market higher. |
If the Fed is seeking to slow the economy down that's always the conundrum, |
If we get any kind of word that we can avert military action, avoid a war, certainly that would be helpful. |