Bill Roe Market Quotations

We've had a huge run-up, and people want to take some profits right now. More than the currency worries or specific stocks with bad news, you've got good old-fashioned profit taking with people feeling that the market is overbought.

I'm coming out feeling pretty good ... normally on Friday you get some profit taking. People are still somewhat cautious -- and the more cautious they are, the more confident I am that the market is going to go higher.

I think there was a lot of confusion in the market today. I think it's imminent that we are going to be going into Iraq. If (the United States) goes in and starts making more commitments, you'll see the market going up. Hopefully, we'll get some of this malaise out of the way.

I think we're watching New York in a semi-depressing mood. There's a lot of apprehension and uncertainty about the potential for an attack and what's going on politically in the rest of the world. There hasn't been any corporate news today (Wednesday) that's been particularly terrible, but there's also nothing to push you into the market now.

I think what we're doing today is selling into the rally. We're positive on the market for the time being, but once this thing is settled, we'll have to take another look. We'll have a whole new ball game -- then we're talking about the economy.