Peter Mancuso Quotations

I think the stimulation that (Federal Reserve Chairman) Alan Greenspan has given to the economy is starting to take hold. It's going to take us a little while, by the third quarter, maybe even into the fourth quarter, we may see things do better.

We've got so many cross currents competing right now, and we're in this trading range. And I think we're gonna have this volatile trading range for a while.

I just don't know how far we'll be able to go with the Fed helping us out. At some juncture, the numbers as far as earnings are going to have to turn around.

You've had a major turn. I think the market's better, I think it's going to continue getting better, but that doesn't mean you're not going to see some pullbacks over the next three to six months.

The markets took a rest Friday after a pretty busy week. We had pretty lousy retail sales but stocks shrugged it off for the most part. The market has factored in another rate cut next week. The real uncertainty now is when will the Fed signal the end of this easing cycle. We think that could be around the corner.

The market never faltered today, and it was a good close. But I think you're going to have this fog of war going forward. Also, we're not sure what direction we're going with the economy, and earnings are still spotty.

The market seems to have fresh life, fresh enthusiasm. Psychology is what this market is all about and when we feel good, we buy.

If we have had (a recession) or are almost out of a recession, you can see this light at the end of the tunnel. The opportunity for moves on the upside are pretty high.

You can't really look at values, you can't really look at fundamentals; it's all about psychological reaction today.

We're getting back to fundamentals. I think you're in that type of environment. There's a better feeling in the economic world, and the market's just doing well. We started off shaky and just picked up by the close.