Peter Mancuso Market Quotations

I think things went comparatively well today (Friday). The market has said and (Federal Reserve Chairman) Alan Greenspan has said that the recovery is another quarter away, that it's going to be the third quarter, not the second, which is what people had been thinking.

The more you have the aggressive kind of buying you had today, the longer this kind of good market can continue.

I don't think anybody's looking at the Fed meeting because nothing's going to happen there for God knows how long. I think next week you're looking for a continuation of what we saw today... I think you just might get the feeling that there is some good news on the horizon and that the possibility of this market doing better is very, very high.

You've got a market of emotions, and I think the emotions show us that the markets want to rise.

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.