Brian Finnerty Quotations

When we were down this morning, I was worried about some bargain hunting and window dressing coming in; but it certainly did.

Yesterday, late in the day, we saw big buying in the Internet sector and we heard there were some big institutions in the market buying. It looks like they walked away today.

Next week is big. It's a big earnings week, and it's a big 'show-me' week.

I don't think it's the reason the markets are down, but I think it's a big weight around the market's neck. It's like an anvil.

There aren't really any standout negative catalysts today. The market's just kind of drifting lower today on pretty light volume. We're also probably still a little oversold from the recent run.

I almost thought that a quarter-point rise in rates was priced into the market. But I think it depends on how the Fed says it or what they do because if it's the first in a series of hikes the market is going to get slammed hard.

I would still call it a trading-range market. It's nice for today and the short term, but I doubt it's sustainable.

It certainly seems like it would fit them (Citigroup) like a glove. The whole financial sector is in this consolidation mode, but, boy, it is sure helping the stock prices.

I think the market is going to rally right around election time because of a very oversold condition. We have a market that is way oversold so I think it is going to bounce.

I think when we start to get strong numbers, that's when we take off again.

I think the earnings will be good but not great, and the market will react accordingly. Some people argue that stocks may have already priced in that the numbers will be fine, but I think you're going to continue to see stocks rising. The S&P 500 potentially has room to add another 6 to 7 percent in the near term.

I think we had normal consolidation here. It seems like people are banking on a better second half. I don't think it's going to run away, but it's going to get gradually better.

People are scared in front of this FOMC meeting.

I think people assume Merrill wouldn't say something like that unless they expect pretty good news from Intel when it reports tomorrow after the bell. Intel is the technology bellwether, so if things look good for them, that bodes well for other techs.

I think more companies will increase guidance and the rally will continue.

We came in today a lot more sober with buyers at the sidelines for the most part.

When they announced it was going into the S&P, it ran up dramatically and held up. I think it's normal to get a little profit taking, even though the number was good.

This, to me, has been the biggest quote-unquote mania that I've ever seen in my 27 years.

The Philadelphia Stock Exchange Semiconductor Index last week had a 20 percent move in six trading days and now we've given back over 50 percent so it's really volatile. This lack of liquidity in the marketplace exacerbates these moves.

We were due for a rest, pulling back after five, six days of run-up.

We got a little bit overextended, a little bit overbought. A lot of buying came into the market in this last rally. We're due to get a little bit of pullback. ...The individual investor is still not convinced he should be in the market, and he's not. I think we're going to be range-bound for a while here.

What Greenspan had to say is very bullish -- he's saying let's have tax cuts sooner rather than later. If he's saying that, it leads me to believe he's going to give us a 50 basis point cut (half-percentage point). That means he thinks this economy needs all the stimuli it can get.

We had some decent economic news, but no one believed in the move up. There just isn't a sense that things have turned.

Earnings season is always volatile and we're just going to have to watch it. What companies say can throw a monkey wrench into market action or be a catalyst, and we have a lot of big companies reporting in the next few days.

There's going to be other shoes to drop, there's going to be other companies to do this.

The Treasury did almost as much in one day as the Federal Reserve has done in a year.

After the announcement yesterday, the tech stocks were the stars, and they were really rocking today.

The movie is like a big wave that is going to hit the beach whether we like it or not. ... We're going to try to ride the wave. By riding the wave, I mean using every opportunity we can to tell the world about the reality of Opus Dei and the reality of the Catholic Church.

A lot of this is trader (driven). The gyrations are crazy but it's just sort of a typical reaction.

There were a couple days this week where I thought there was some real panic among investors.

This market may not break out of that range.

This market is shrugging off negative news like it never has before.

They're selling the good with the bad because they can. They're throwing everything out the window and that's irrational. But that's also when a bottom is formed.

It seems like money is coming out of technology, and going into more defensive plays. I'd rather see a broadening out, even within technology.

It's all the ISM number. We started the morning where it seemed like no one was gonna invest, and then all of a sudden, the number comes out and the buyers are back. It's kind of a big surprise.

It looks like this afternoon we're back to focusing on interest rates. The employment cost index is one thing that (Fed Chairman Alan) Greenspan watches.

The novel portrays Opus Dei in a completely inaccurate way; if the movie does the same thing it's something we'd be concerned about.

The novel and the movie have given us a much bigger platform to present ourselves to the public. In a certain sense, the movie has opened all doors for us.

Everyone is talking about Cisco getting rid of its inventory problem a little bit faster than people had thought. But the whole Nasdaq is looking better.

Everyone is negative, skeptical and pessimistic. No one wants to own tech anymore and everyone is saying valuations are too high. You need some type of catalyst to turn this negative sentiment around.

Stocks were due to give back a little bit. We've had nice rallies ahead of these earnings.

The 'beige book' really hurt the market today. I think this report is much weaker than anyone thought.

It's Iraq, Iraq, Iraq. We're fighting this negative bias across the board.

It's very sad that Opus Dei and the Catholic Church were portrayed unfairly in the novel. What we're trying to do is to take advantage of the interest to explain what the real Opus Dei is all about.

They have positives in their business. It tells us we're not seeing a disaster in the computer market.

This is a very important week in the market. It's all about earnings, earnings, earnings.

I really think the worst is over. And IBM is the critical reason.

The focus will be more ... on the economic numbers and the employment figures. I think we'll get an August rally that might be better ... than the head-fake move we had from April to the middle of May.

The drops are exaggerated because there is a buyers strike and there is no one to catch that falling knife.

The market's really got some power to it. It's strong across the board and there really aren't any big stock stories causing it. There's a lot of money out there that wants to be put to work and you're seeing that today. I think it's very healthy.

The market's actually acting very well, considering the run-up we saw last week and the attack news over the weekend.

The market has been in this trading range for a while. The market is now digesting all of this economic news. I believe we're poised for another good run in the market.

The market is really waiting for (Friday's) numbers. It's going to be a case of as interest rates go, so go equity markets.

The market is looking better. The mentality is good. They're buying on the dips. Maybe we've finally broken out of the downtrend. It's not just the hedge funds. You're seeing mutual fund money coming in. You're seeing the individual investor start to come back in.