A single-digit percentage gain looks more likely this year. We had a great '03, a great '04 and a great '05. I think we're due for a pause at some point.

297

The potential for additional gains for stocks is limited given that we've had such a good run-up. We've been telling people to pare back a bit and reduce equity holdings.

152

This market needs a dose of good earnings expectations. It wants to hear, from companies, that prospects are improving because the fourth quarter is water under the bridge.

143

Technology is now out of favor. People are rapidly concluding there is not a quick fix in store.

132