Some sense a climax lies ahead, and others think we’re getting close to the bottom,

Investors feel uncomfortable about the visibility ahead.

However as we come closer to the next Fed meeting, and hopes are that the Fed will cut interest rates, we might have a relief rally.

Greenspan’s comments did little to build confidence, … The main catalyst today was to back away from risk and try to buy a bit of stability.

We appear to be in a summer swoon in which investors are beginning to realize it’s going to take a lot longer to turn the economy around than expected, and that we’re currently going to...

Selectivity is likely to be the key of the market. Seasoned players are looking for more value opportunities now. They’re looking for stocks that missed the rally.

I think it’s a constructive move. He’s an experienced hand who is clearly effective in dealing with bright, energized thinkers. I don’t expect the Senate to have many problems with this nomination.

The market continues to suffer from lots of negative news,

We’ve had a decided turn from flights of fantasy to a return to reality in terms of valuations, … They are pressured by high price-to-earnings ratios and ongoing (interest) rate hike concerns.

Most of the retailers are watching their advertising dollars very carefully. This is not going to be an easy period for retailers but it could be worse. Tax refunds are certainly playing some positive role...

The jobs number was fuzzy, even though on balance it helped to perk up the market, … Based on that number, the market is now factoring in that the economy is not weak enough for...

One can hardly ignore the strength or weakness of the earnings reports coming out nor can they ignore the slowing state of the U.S. economy.

The Nasdaq appears to be probing for a bottom, … The more erratic the Nasdaq is, the more attractive the old economy stocks appear to be for investors who want to be risk averse.

Warren Buffett has shown the ability to endure. He hasn’t lost his touch.

IBM’s announcement today hopefully is a harbinger of things to come, … Investors need to know there’s a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to...

The world is looking for lower interest rates. Clearly, the psychology world-wide remains highly nervous.

Each day is another adventure, … We have complex cross currents working in an environment where we have a nasty and negative tone.

There’s so much doubt out there ahead of this three-day weekend that many players are just selling into the market — taking their cash and moving to the sidelines,

We’ve seen natural gas and energy prices back down, … There certainly is no indication that the inventories for oil or natural gas are building in any meaningful way. If OPEC should cut production, we’re...

Earnings warnings continue to dent confidence and the price of individual issues, … This is a market that’s nasty and negative. It’s difficult to divine if we’re reaching a bottom or not.

While the market has taken a big hit today, it’s shown some spring back, … It’s a multifarious number of things all working at once.

Techs have gone from terrific to tepid to terrible,

Events like this bring things to a halt and raise a level of shock that is difficult to describe, … This is a huge catastrophe and it’s one that has no parallel in history.

There’s some technology follow- through, … Some feel that the Fed is chasing a genie that’s not yet out of the bottle.

That has helped the techs today (Wednesday). They have a reasonably upbeat forecast.

We go into next week with continued uncertainty and wall-to-wall worries. The month of August was full of negative surprises, and September seems to be headed in that direction.

This has been a Benny Goodman-type market, … lots of swing, and it’s very, very difficult to get a handle on long-term positioning when the market is moving up and down so rapidly.

The market is attempting to stabilize after a terrific run, … Many stocks moved up without any fundamental underpinnings and corporate earnings, by and large, look less than impressive. Portfolio managers are looking for visibility...

Royal Dutch is the second-biggest energy company in the world. They’ve been buying back their own stock, … They bought $3 billion back last year, $1.5 billion this year and I think that’s a play...

The biggest bull market in history still appears to be intact, … Although the market is up tenfold since 1982 and lots of wealth has been created, there are still buyers to be found on...

Stay with the big stocks with the big backlog and big trend of earnings and with management that have been there before,

The market has weathered a poor earnings period and increased anthrax anxiety and has come out of it pretty well. I’m encouraged. The imminent economic stimulus package and Federal Reserve cuts are providing further encouragement,

A lower interest rate cycle is under way and lower interest rates are likely to prompt more money into the markets, … For now it appears to be a ‘safety first’ posture, so we’re seeing...

Some good economic news, together with a Microsoft ruling, helped energize the market, … While many were disappointed that the Fed’s quarter-point cut wasn’t larger, the door has been left open for a further Fed...

The Microsoft ruling is a pep pill for business overall because it indicates the current (White House) administration is likely to be more pro-business than the previous administration.

Even if a trading halt were put in, it might be ‘something to do about nothing,’ … This is an orderly drop, rather than one filled with panic.

I think gains in the market have outrun fundamentals. The move has been too much too soon. I see the likelihood of a pullback next week.

The sooner the better,

It was a livable number, … It encouraged some bargain hunters to go to work.

I don’t think it signifies very much. We’re still in a position of extreme rotation in the markets.

This has been an amazing market — a ‘Benny Goodman’ market with plenty of swing, … My sense is mood, momentum and money flow are still up.

We are clearly in a consolidation, whether we are in a correction or not remains to be seen,

The economy, which had slowed down sharply before the World Trade Center attack, was not necessarily headed for a recession. After the attack, the probability of the U.S. entering a recession is far greater,

You’ve got bargain hunting among the blue chips on the promise that the U.S. may be able to contain the violence in the Middle East,

The data is important, but it will take a back seat to concerns about currency devaluations and recessions,

The public is in a semi-shocked state and cash remains on the sidelines on Wall Street despite everything being on sale, … The main downside pressure seems to be continued earnings disappointments in the tech...

It’s the higher multiples that have put off buyers for now, … If the economy slows, it will affect technology stocks.

The market story today is essentially Cisco. It’s pulling lots of other stocks down,

My sense is that the market is responding to the possibility that a meaningful economic stimulus package will be in place soon that will at least shore up some of the shortfall in capital spending,

There seems to be those who believe that there are more and more signs that the economy is shaking off its slump,