The last seven ‘bear’ markets — if you measure a bear market by a 20 percent drop — have quickly forecast economic recessions. For people with 90 percent of their net worth tied up in...

What you have going on in this market is a flight to quality, which is the blue chips, as tech stocks are priced to perfection.

I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you’re still going to...

I think this is one time the Fed is behind the curve.

There has been a lot of s elling that has taken place and you see so many analysts that are throwing in the towel. I think when investors wake up three or so years from...

It’s a very cautious market. We’re saying take a step back from the day-to-day and look at the big picture.

We may be entering a recession here. So if I owned a small business, I would pay very close attention to controlling costs and develop a contingency plan.

We think, in the short run, psychology drives the market but in the long run, fundamentals drive the market. We see very low inflation and no inflationary pressures. We think, going forward, expectations have come...

It looks like the threat of breaking up the company has been taken off the table and is beginning to fade.

The word for 2001 is look for opportunities. There are problems in the economy but they have gotten aggressive responses from policy makers.

I do think the majority of Alan Greenspan’s work is done.

People are waiting for the Fed. I think the Fed will leave rates alone, probably say that the risks are tilted toward inflation and people are also saying they’ll come back in August and hike...

(U.S. companies) now have to compete against this flood of cheap Asian imports.

I think people are looking for good value in the market and they’re finding it in ‘old economy’ stocks. What these companies have in common is they’re all viewed as great companies at a strong...

You’re seeing a return to traditional measures of value as investors become more focused on things like (price-to-earnings ratios), interest rates and earnings.

I think this bear market is done.

So many Americans are consuming by using their home equity. If you can’t afford a standard mortgage, you probably shouldn’t be buying a home.

I think investors should take a step back and look at the big picture. I think the (Fed) is doing its job and investors should do theirs — avoid those companies that do not have...

Technology is still the fastest growing segment of the US economy. Earnings are growing at 20-30 percent year over year, and US companies lead the world in almost every major category.

I am encouraged by the fundamentals.

I don’t see people making big commitments. It’s a holiday weekend and there’s just no catalyst to get things going.

We think it’s time for investors to be cautious about technology stocks.

Maybe investors are realizing there’s more to the economy than technology.

The Fed often overshoots and I think you have to prepare for that outcome.

Maybe it’s concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we’re not done as far as interest rate hikes...

The bond market was so weak all day that it pushed the broader market lower. Investors weren’t talking about if the Fed will raise rates, but how much.

Albertson’s is truly a value stock, the third-largest grocery chain, with a very stable predictable business with 29 years of higher earnings. The stock was really clobbered since they announced a merger last year that...

Investors took advantage of the sell-off Friday to add to their portfolio. There are some good values with the blue chips.

The economy is way too hot and is generating inflation pressure. And the Fed is going to have to address it with higher interest rates.

Investors are very concerned about the short-term prospects for the economy, and that’s why they are selling stocks.

I’m hopeful that we’re nearing the end of this series of tightening. I don’t think we have a serious inflation problem. With strong productivity, unit labor costs are under control.

We feel we can do a service to our customers if we just get the overall trend right. We don’t really practice technical analysis or try to guess the price points next week. But the...

Earnings have been fantastic. Any weakness in the market you’ve got to attribute to (the) rising interest-rate environment.

I think the market remains hypersensitive to these (economic) reports. You should stay focused on your long-term goals and not short-term economic reports, but the market continues to be dominated by fear, uncertainty and confusion.

The war phase in Iraq seems to be winding down. I think in the months ahead consumer confidence will improve. It’s a mistake to just look at the short term. I think it’s more important...

I think all these reports taken together are going to paint an economy that is too hot. Labor costs are rising and that is beginning to lead to some signs of inflation.

Our advice is that for a very small portion of your portfolio 5 percent it’s OK to own gold or a broader basket of commodities. But don’t do this because it’s popular or exciting. If...

The market is nervous. We’re in a transition period as we get through all the accounting issues.

It just reflects Wall Street’s manic-depressive mood. In the meantime, you have some selective cautious buying, but I think people are much more cautious and not just jumping in on any dip.

The rest of the market continues to struggle with reports that continue to show the economy is too strong.

I think politics are a sideshow right now. We think the best thing an investor can do is step up their buying gradually as prices move lower.

Individual investors have to separate the statistical noise of week to week numbers and focus on the big picture.

I don’t think we can read anything at all into it. It’s a lack of conviction and a lot of fence-sitting.

They already made an investment decision prior to the rule change being official.

Take IBM out and the market looks pretty much unchanged on the day.

We are not seeing the big slowdown but we are seeing some weakness around the edges showing the medicine is starting to take effect. And I don’t think it’s just psychological.

If you read the speech, he seems to imply that those hikes aren’t enough.

Over the last six years, we have experienced the largest drop in price/earnings ratios in the history of the U.S. stock market, going back to 1871. 2006 has the potential to be a great year...

The easiest thing is to be bullish when the market is rising and bearish when the market is falling. But as we all know, that’s not how to make money in the stock market.

It has nothing to do with the economy. It was in the private equity unit where they tried to help fledgling tech companies get started.