The reduction in oil prices is what's acting on people's psychology. Maybe we're going to get lucky and oil prices are going to stay low and we're going to get this end-of-the year rally that everybody hopes and prays for.

249

Every tech stock gets painted with the same brush those guys get painted with.

234

[Dell is] still a company that can grow, ... They have the cash. They can buy back shares.

205

If the companies say they're seeing strong orders so far in the first three weeks of the current quarter, that probably keeps things going. If they say they don't have any visibility, we'll probably have a pullback.

199

I tend to think we're in for some period of weak growth, and I'm not talking about a quarter or two. I think for all of 2003 maybe into 2004 we'll continue to see weak growth.

164

[Semiconductors] are an area that people saw as the premier growth area in the past. Anytime there's good news, people assume this is going to resume its growth and they rush back in. There's no fundamental pattern that would explain why they're up so much today.

157

Over the long term, there is a recovery going on, but I think it's slower than a lot of people would like it to be. On the face of it I'd say it's just one day where things happen to be a little stronger than others.

116

We're at a funny point in the cycle. The companies have reported that they're seeing some growth for the next quarter, but it's not robust growth, and the valuations on a historic basis are still pretty full. What's driving these stocks is sentiment -- people are afraid that if they miss them now they'll miss a big run-up.

113

It will largely be determined by how the companies meet expectations and set future expectations.

96