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.

We think they do have a great pipeline in the areas of cardiovascular, cancer and AIDS. These are the fastest growing areas in the pharmaceutical industry.

The market has done well in the year following a recession. We think the recession has ended.

I think it was a very volatile and directionless week. Investors should tap on the brakes a few times and strap on their seat belts. (Last week) was very earnings driven, and now it’s shifting...

It’s the same story. Technology is hot, and everything else is not.

It’s a very unusual day for the Dow Jones because IBM and J.P. Morgan accounted for more than half the drop. We’ve got a lot of fear in the market place and that’s going to...

Clearly, Microsoft is the catalyst for today’s tech sell-off.

The next major event is Microsoft’s response, but I don’t think that’s significant. It’s significant but not to the technology sector as a whole.

Techs were hot and everything else was not on confusion about the future of interest rates. When the interest-rate picture is cloudy, the focus turns to earnings. And earnings in the tech sector have been...

If the economy is growing, companies’ earnings are growing and that moves the market.

Long-term investors know this (rate cut) is a green light to get back into the market.

There’s cautiousness about the interest-rate outlook — a bit of consolidation after very strong gains.

We think this bull has legs.

It’s just been a very quiet day. Nobody wants to make a big bet prior to tomorrow’s decision. People are pretty convinced that the Federal Reserve won’t make a change to rates but they want...

The signs of slowing are few and far between. I think it’s really the data between now and (the next meeting) that will determine whether it will be a quarter percentage or half percentage point...

The valuation gap between old economy stocks and new economy stocks is getting wider and wider. To me, it’s like a rubber band. You can only stretch it so far and eventually it’s going to...

Small business owners have a great stake not only in what’s going on in the stock market, but what’s happening in the overall economy as a result.

It’s (Johnson & Johnson) very reasonably priced, relative to its prospects, and while J&J may be at a yearly high, again, we think it is pretty close to its five-year low, if you are talking...

Investors are focusing on Greenspan and the fact that he said they (the central bank) had increased rates four times and it did little to slow the economy. He is saying more work needs to...

There’s still a lot of concern about slowing personal computer sales and reduced corporate information technology purchases.

This economy is facing a temporary setback. What it’s going to take is time.

I think people placed bets today based on (the data). By buying stocks today, you are assuming we won’t get bad news tomorrow.

It’s just the nuttiest argument that I’ve ever heard — this whole idea of old economy versus new economy assumes that we’re all going to be sitting around in the dark, naked and hungry, surfing...

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...