Peter Cardillo Market Quotations [Page 2]

Concerns remain that the economic data indicate the economy could slip back into a recession. Looking at technology, the fears are back in the market that third-quarter earnings may not live up to expectations.

That's positive for the market, because consumers feel the economy is going well. After yesterday's (Monday's) declines, people are coming back into the market and earnings are good.

Small investors have learned their lesson: you just don't get out when there's a lot of volatility. I think this bull market has a long way to go.

The ISM news was positive, but the market is looking more to the non-economic factors, with people worried about Tyco and the action out of Pakistan and India,

I like stocks that have potential earnings possibilities. Those are the ones that could someday be market leaders.

If there are any indications that this could be the last cut, the market might be disappointed -- but the good news would be that the Fed is confident we are in an economic rebound. In essence, the market could work its way higher because better economic times ahead would include better earnings performance.

In technology, it's just a lack of serious buying. The market needs to be convinced that the Fed will not raise (interest) rates for the remainder of the year. This is all part of the summer doldrums, but we see cyclical stocks doing a little better here.

Investors should be out there, picking up some stocks that are trading near their lows or have bounced off their lows and I think that have good futures. And among them: AT&T ( T : Research , Estimates ) -- their wireless division came in on target, 25, 30 percent growth, and I think that's what is going to carry them. Stock is hovering around their lows here. I think it's a 'great buy.' And I think in the next market rally, that the stock will have a nice bounce.

But if oil prices and gold prices continue to move higher, at any given time the market could turn on the negative side.

Certainly the move in oil is good, and the market certainly perked up somewhat after that inventory report.

General market sentiment remains quite positive, ... Of course, oil could be a spoiler if it moves higher.

I do not buy this theory that, you know, the market is going to continue to move higher without the participation of the smaller cap stocks. It's just not in the cards.

The market continues to roar. Psychologically, it means a lot. It means the market will continue to move higher.

The market at the moment is oversold, paranoid and the psychology is sick.

The major companies have already reported and it's quite obvious that this market just can't shake the earnings syndrome.

This is market that is churning, and moving back and forth. Nasdaq seems like it is looking for a base from which to rally.

All in all, it's been a bad month for technology, but not so bad for other sectors. Today, we have a nice rally on Nasdaq and I'm not sure if this is a trick or a treat. I think it's not a trick because I think the worst is over and the market is setting itself up for a nice rally.

The Chicago number showed manufacturing has been picking up in the Midwest. That bodes well for the national number Monday, all of which supports the idea of a recovery, which is what the market has been betting on.

The economic numbers have been neutral to positive, but it's the end of the quarter and the market is not responding to the drop in oil and drop in gold.

The economic news today wasn't good -- obviously it leads to worries of inflation. But that should have been expected, with oil and metals trading higher. It has to translate into inflation. The market continues to drift in a sea of uncertainty -- the geopolitical issues are still the main concern.

The earnings period has been pretty good so far, ... But its having a limited impact on stocks because the market is discounting higher interest rates in the months ahead.

All of these crises are getting serious, and what the (U.S.) market is experiencing is a crisis of confidence.

The market will continue to be supported by the good earnings we've had and by the options expiration we're seeing but certainly we're nearing some day of reckoning.

The market this morning moved up on the good economic numbers. It was a confirmation of what the market has been saying.

The market opened higher, after some good economic numbers. However, we're seeing a pullback due partly to volume being lighter than usual.

The market now is trying to stabilize after having discounted higher inflation and interest rates and what most likely will be murky fourth-quarter outlooks.

The market is very strong and it's a light week as far as economic data is concerned. The only thing that could derail this would probably be an attack on Iraq, and I think even that would be short-lived.

The market is very much gripped by earnings' warnings. That's why the market seems to be lacking a clear direction on the upside.

The market is very much gripped by earnings' warnings.

The market is up because of the good economic numbers, but more importantly, the market is beginning to see some stabilization in Asia and that is the key in the short term.

The market is up, and I guess it's just the lack of economic news and anticipation of earnings and economic news due later in the week,

The market is trying to rally again and that's encouraging. But whether yesterday (Wednesday) was really the big capitulation day remains to be seen. The market is probably going to drift in the next week or so as it finds its footing after the run-up.

The market is trying to consolidate around present levels, all the while keeping an eye on the price of oil,

The market is still very concerned with interest rates, and the IBM announcement gave the market a perfect excuse to refocus on higher interest rates.

The market should keep doing well in the short term. There's the seasonal factors, the economy should keep doing OK, and from a technical standpoint, things still look good. I think that's why the market has been able to ignore the negative implications of the collapse of the dollar so far.

The market seems to be concentrating on the future rebuilding of the devastated area, and I think that's what's keeping the market from declining.

The market remains technically weak, ... The story hasn't changed.

The market has so far been ignoring the good economic news, but it's just a matter of time before investors shake off the fear factor.

The market has been under pressure lately and that's one of the reasons we're seeing a little bounce back.

The market is probably going to mark time as it awaits Friday's employment numbers.

The market is playing follow the leader. Oil is higher now but not affecting things, but if the price shoots above $75 a barrel it will weigh on us. It's not about earnings anymore and something has to give, and at this rate it looks like it may be equities.

The market is once again staying within the broader trading range, ... and in this case rotating out of commodity and related issues and buying tech and others that are perceived as being better values right now.

The market is obviously going to eye energy prices. Oil's come down a bit, but gas prices are moving a bit higher.

The market is obviously going to eye energy prices, ... Oil's come down a bit, but gas prices are moving a bit higher.

The market is near a stage when even good news become bad news, ... But I think its probably nearing an end to this decline.

The market is in the process of testing the March-April lows. The only thing that will turn the market around is if we get some CEOs saying there's light at the end of the tunnel.

The market is ignoring some of the negative economic reports and is instead focusing on the positives, like GE, which is a big change in terms of the focus and the psychology.

The market is deadly afraid about what earnings are going to look like in the coming quarters,

The market is beginning to focus on the rising price of oil. That, in my opinion, has rekindled doubt about what the Fed is going to do.

The market is a bit nervous going into the OPEC meeting, but the real nervousness stems from the fact that we got some more earnings warnings which is making the market quite defensive.