Peter Cardillo Seeing Quotations

What we're seeing is typical of a market that is trying to make a bottom, but we're not necessarily there yet.

What we're seeing here is investors becoming increasingly nervous, awaiting the economic data tomorrow (Thursday). Profit warnings and future growth (concerns) are overshadowing the enthusiasm that we saw develop late yesterday -- it's a feeding process.

What we're seeing here is a market that's just waiting to assess economic data later in the week and, of course, moving into the earnings season.

We're seeing some profit taking but a strong build-up in inventories could send the price of oil under $60 and that could reverse market psychology.

We're seeing some cautious trading right now, but the volume is decent, the momentum is on the upside and traditionally, this is a good week for the markets.

We're seeing more and more that Japan wants to implement banking reform. That's the key. That's very positive.

We're seeing a cautious market because of the Fed meeting. There are a lot of events the markets need to sort through, and the most important one is Mr. Greenspan.

We are already seeing some signs of a slowdown in the economy. If durable goods confirm what housing starts voiced last week, then obviously we might see a little bit better tone in the bond market.

What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.

I believe the worst of the decline in the 'old economy' stocks is over, ... and I think what we're seeing here is a consolidation phase, even though this consolidation phase is probably taking place at the lower end of the trading range. I don't believe that yesterday's decline in Nasdaq is the beginning of any major correction just yet. Now, that is not to say that we're not going to have a correction. Indeed, we are. But I just believe that there is sufficient money out there and sufficient demand for these tech stocks yet, and that is not going to disappear so quickly. What we saw yesterday was little profit-taking after a spectacular week.

I think you're seeing buying today because of anticipation ahead of some of the economic and corporate news due in the next two days, particularly Dell tomorrow.

I think what you're seeing is the process of the market setting a bottom. Obviously, September is living up to its reputation (for volatility), but I think the market will eventually lose its bear grip and focus on the economy and earnings going forward.

Some of the economic data we have been seeing are quite strong, but -- if you really look into it -- there are signs the rate hikes we've seen have begun to slow the economy.

We are seeing a continuation of this rotation process, with people selling some of the big tech and other gainers of the year, and putting money in sectors that still have room to gain, namely, industrials, metals, anything commodity-related,

UAL is certainly a negative for the market, but the news wasn't entirely unexpected. You're also seeing a combination of other negative corporate news and jitters ahead of tomorrow's November jobs number, despite the positive weekly numbers this morning.

We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,

The breadth of the market is extremely negative. The decline is accelerating. It's feeding on itself. What we're seeing here is a combination of some sell programs and people beginning to have second thoughts.

There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.

At the end of the quarter you generally see some switching, so now we're seeing some institutions buying blue chips again.

The Fed decision was anticipated, so it's not having much of an effect. What we're seeing now is a reaction to the end of the quarter. It's basically window dressing.

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

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