“There are a lot of bad things happening right now in the Bush White House. Obviously, leadership at the highest level is very important to investors feeling comfortable about making investment decisions. This is probably the darkest or the lowest point in the Bush presidency.”
“There are a lot of mixed signals right now. Some of the negative tone has to do with the fact that we're starting to see more human casualties. There's a weight on the market that this is getting really messy. People aren't used to this kind of war.”
“We're seeing better earnings, and that's making people more enthusiastic. But programs have been skewed to the buy side. To be honest, this is probably not sustainable.”
“The market's digesting the recent gains. Investors want to see what the market's going to do. Absent of big news, I don't think the market does anything but go sideways here.”
“It's two outs, bottom of the ninth -- he's gotta come through. He has to come up with something definite and substantial. Anything less than that will be taken as a negative by the market.”
“We've had some pretty good gains in a lot of sectors lately that need to be adjusted. The encouraging thing is we're not seeing a lot of volume, so there aren't a lot of sellers out there.”
