Larry Wachtel Morrow Quotations

Tomorrow (Tuesday) we get numbers on industrial production and housing and big reports from Intel, Coke, Johnson & Johnson -- maybe that can turn us around.

We are in a bit of a vacuum with the long three-day weekend coming up. Tomorrow will be a vacuum kind of day.

It was a very gratifying day. But I'd like to see some follow-through tomorrow (Tuesday).

We had a good day with surprising strength, but I need to see a follow-through tomorrow to believe it will stick.

Cisco reports earnings tomorrow (Tuesday) and certainly that stock is at a price where there may be a split.

It doesn't tell you anything in terms of the fundamentals. I think there will be a bet made tomorrow (Tuesday) and early Wednesday that the Fed goes 50 basis points (a half-percentage point). If it pays off, I think there will be a trading flurry.