We are starting with stocks fully valued and short- and long-term interest rates still hovering near four-decade lows. Large bull-market moves are generally accompanied by, or preceded by, declining rates, and we don't have that scenario today.

James Stack

Commodity stocks can still outperform the market. The U.S. economy is not going to slow down. There should be increased demand for commodities.

Kenny Tang

Stocks are very sensitive to the risk of interest rates rising further. Higher borrowing costs can affect the ability of companies to expand and for consumers to spend.

Patrick Casselman

We believe that following the sharp rally at the start of '06, home-building stocks may come under pressure on eroding fundamentals.

Daniel Oppenheim

The stock market is very resilient. Earnings remain fairly strong, and stocks are still inexpensive when compared with other asset classes.

Rick Campagna

It's an area with some good growth opportunities. There's relatively low exposure to economic cycle downturns in health care. And there's relatively low exposure in many of those stocks to rising commodity and energy costs.

Jim Margard

Half the stocks I picked are up and half of them are down.

Leon Cooperman

Cheap is a relative term. In terms of price-to-earnings ratios, some of these stocks are still high.

Charles Blood

This year the risk for investors lies in holding bonds, not stocks.

Yuuki Sakurai

It's a general lack of interest at the moment, a lot of stocks are going ex-dividend.

Ric Klusman

The big risk is on the downside, but the market is ignoring a multitude of things they should be concerned about, such as the deficits and the weak labor market. We are getting to a point now where so many stocks are so overvalued that it is ridiculous and somebody at some point is going to say 'Mummy, the Emperor doesn't have any clothes on'.

Steve Previs

It's a nice win for Merck, ... It will provide a nice floor for the stock going forward, and for all drug stocks, which will provide a nice lift to the overall market.

Tim Biggam

The rapid growth in loans and prices of assets such as real estate and stocks is a concern. The central bank may raise interest rates. It's better to err on the side of caution.

Shuchita Mehta

There's supply available, but we have to make sure we don't have a run on stocks.

John Eichberger

Utility stocks are generally used as defensive positions.

Thomas Hamlin

The stocks are not cheap anymore but there aren't many alternatives out there. Good opportunities are hard to find in this market.

Wendell Perkins

People are questioning the underlying fundamentals of (technology stocks).

Joseph Mcalinden

The economic recovery story remains intact and positive reports will continue to support these expectations. Financials and other domestic demand-driven stocks look attractive.

Seo Jung Ho

For the first couple of months of the year, tech stocks were trading more on hope than anything else, ... But as the year progresses, it is starting to appear that the hope was not justified.

John Rutledge

Nasdaq marks the trend and the market here falls because there is no final buyer. The situation may change when stocks get really cheap and bottom-fishing starts.

Roberto Dotta

If you look at these GDP figures, exports are really strong...so of course, investors are going for high-techs, autos and machinery stocks.

Tsutomu Yamada

You have to understand, prior to the hurricane, gasoline stocks were already very low. We were already in a precarious situation.

Larry Goldstein

Foreigners have bought a lot of Taiwan's stocks, making it the biggest factor strengthening the currency.

Lo Chung

In the 1990s, Russian stocks traded at low valuations because everyone was worried about being robbed by the oligarchs. Now everyone is worried about being robbed by the government.

Martin Taylor

Indian stocks are not cheap anymore. But the acceleration of economic growth and earnings growing on a consistent basis still makes India attractive.

Jon Thorn

Governments need to fully implement the measures that they have agreed to ensure that the exploitation of sturgeon stocks is commercially and environmentally sustainable over the long term.

Willem Wijnstekers

I just don't see a whole lot out there that could push us a lot higher. The most positive thing we could see over the next few weeks would be for stocks to trade in a range.

Joe Sunderman

It doesn't take a lot of money moving into these stocks to move them higher. But valuations will put a cap on how far things will go.

David Joy

Internets are the most volatile stocks. They're like trying to catch a butterfly.

Doug Myers

In a normal week, these numbers would be positive enough to trigger a rally in stocks. But with the two hurricanes, oil data has become very volatile and the same has applied to the stock market reaction to the data.

Larry Peruzzi

The Canadian market will be volatile because of its high exposure to commodities. But even at all-time highs it's still worth investing in stocks, because the general outlook is still good.

Ian Nakamoto

There is growing optimism about the Fed's interest-rate hikes coming to an end. That would mean consumption in the U.S. and the housing market won't be damaged, and that sort of confidence is supporting stocks.

Hirofumi Kasai

People are putting that money into some of the cheaper stocks.

Patrick Boyle

Gains of stocks give investors another reason to sell bonds.

Masahiro Kami

Mobile phone stocks primarily contributed to the main board's rise given hopes continued strong demand will help Taiwanese handset makers report solid revenue growth in the next few months.

Stanley Chou

But in the face of big challenges such as habitat loss, pollution of coastal zones, and species loss, and the high seas collapse of fish stocks, the whole marine realm is becoming rapidly more important.

Achim Steiner

I don't think everyone will bounce back. Investors are clearly more discriminating about the stocks they buy. They're looking at the top-tier names, not just Internet names.

Mark Cavallone

The stock market had been weak due to the Wall Street performance and concerns about Asian economies. The ratings news helped to push the stocks down slightly, but it wasn't the driving force. For a change, Argentina had no negative influence.

Helio Ozaki

I really believed in the stocks in this book -- I own more of these stocks than I've ever owned in any other book I've written.

Gene Walden

Money will go back from real estate to stocks.

Jeff Thredgold

The stronger real helped a lot. Investors' money is still flowing to stocks from fixed-rate instruments.

Antonio Machado

Energy stocks will fall more if oil prices pull back further.

Gordon Higgins

Many people have lost all their food stocks and stoves in the quake ... and they need ready-to-eat food.

Simon Pluess

We think that they want to wait until after November to get a better feel. We believe that the stock's recent run is overdone due to this lack of visibility.

Stacy Pak

Tech stocks have performed quite well considering third quarter earnings weren't anything to write home about. We need to see some more positive data points for these stocks to go to the next level.

Rob Lloyd

We're going to see a lot of the money that has been parked in real estate move back to stocks. Wealth should not be centered in your residential real estate, which is going to return to more stable to flat appreciation.

Brian Mcquade

Technically, these stocks are due for a rebound after being oversold last month.

James Lago

While fundamentals are admittedly weak, given the stock's weak recent performance, we are reluctant to get incrementally bearish, particularly ahead of a potential restructuring announcement.

Himanshu Patel

Money will flow to where there are solid returns on capital. There are great opportunities in Eastern Europe and other emerging markets. We're seeing economic growth twice that of the U.S. but stocks are trading at a discount.

Frank Holmes

We're still in a position where stocks are too widely owned, ... and the people that own them own too much.

John Bollinger

I'm really a proponent of the 'old economy' stocks; that's mostly what I own.

David Mills

A decline in stocks will probably encourage investors to buy bonds.

Xinyi Lu

Airline stocks, especially price-earnings ratios, are extremely sensitive to interest rate changes, particularly with current long-term rates hovering around 6 percent.

Steve Lewins

Technology stocks are playing catch-up to the rest of the market with some evidence that they've hit bottom.

Nobuki Goto

The most liquid stocks went up the most.

Tomas Taterka

Mexican stocks finished in line with the Dow and the spreads on Mexican debt were almost unchanged. Investors still see Mexico as a safe haven in the region.

Todd Edwards

Signs of weakening U.S. consumer demand are weighing on investor confidence in Asian exporter stocks. Slowing U.S. demand will have a ripple effect on demand in Asian nations.

Barro Liao

U.S. stocks have settled down, but data on the economy is getting worse. Investors are increasingly worried the U.S. economy will fall off a cliff and pull Japan over with it.

Masatoshi Sato

I think these stocks will have a pretty good-size correction.

Rick Drake

Clearly, the people who are buying growth stocks are saying the good news from a series of interest rates in the U.S. and Canada will mean inflation remains under control. The overall sentiment today was basically optimistic.

Kate Warne

There's probably 1,400 or 1,500 comic book items on the site at any time. It remains a very popular area of the site. I'm sure people buy and sell comic books the same way they do stocks, other securities or fine wine.

Kevin Pursglove

Yesterday was very frightening. It felt like maybe the bubble was bursting on the Internet stocks. I'm not sure that that's truly the case, but clearly investors are scared right now and they're panicking a little bit.

Frederick Moran

You live and die by those stocks because you're not diversified. They need to look at different sectors.

Doug Flynn

The commodity was down earlier today because we are seeing a bit of profit-taking on stocks. The market looks like it is stabilizing a little bit. With everything that has happened, people are going to continue looking at different asset classes ? from bonds, to gold, to health care ? largely defensive plays as investors look for safe havens.

Amaury De Barros Conti

The market is going to be on hold until the Fed's decision is out. We will be looking for hints that the rate increases are coming to an end and if that's the case, we may see a rally in stocks.

Barry Ritholtz

There's some concern that although inflationary pressures do appear to have receded in recent days, higher fuel prices could reignite worries here and this in turn has the potential to weigh on stocks across the board.

Matt Buckland

Nobody's going to buy these stocks on third quarter guidance and numbers.

Martin Pyykkonen

The big tech stocks are still where you have to be but I don't want to go overweight tech.

Knox Fuqua

The stock traded down a little bit, ... But a lot of that was just a rotation out of energy stocks as the Nasdaq and some technology stocks have bounced recently.

Ryan Crane

Property stocks rose because the market is speculating that other Hong Kong banks will also lower rates, reducing the burden on property buyers.

Ben Kwong

The rise could also be attributed to some year-end window dressing activities as port related stocks has performed relatively poor earlier.

Louis Wong

I think most folks know what they want to buy. Certain stocks are starting to creep higher and you want to be ahead of the curve.

Charles Payne

The clearer sign that the market is ready to go higher is that you can have bad news and individual stocks or the market tends to ignore that news. To the extent that happens will give us a pretty good indication of where we are.

Ted Weisberg

It is difficult to see property stocks zooming up too much more. They have had a pretty good run.

David Bradbury

Normally at the beginning of a bull market you would want to be in the economically sensitive stocks, and that's not what's running at the moment.

David Bowers

Heating fuel stocks are going to be a theme all through winter. Every single refinery outage will feed concern.

Geoff Pyne

The trend for firm longer bonds and weak shorter debt will continue this month. Investors feel safer buying bonds on slumping stocks.

Yoshihiro Gake

Prices are back on track. The stock market fell back Monday in a technical adjustment after some stocks closed 1998 higher.

Carlos Lupini

The perceived impact of the delay may be the real issue to contend with for (chip) stocks in the near-term.

Hans Mosesmann

Investors should be excited about teen apparel stocks because most of the merchants in that space are competing for a huge $70 billion pie. Whereas the overall retail apparel space is suffering from overcapacity and increasing competition, the teen space is really a niche segment of that pie and has a lot more room to grow.

Brian Tunick

We're underweight oil stocks. We've seen the best from the profit side.

Stefan Duchateau

Growth stocks dominated the market.

Charles Freeman

Some investors are waiting for economic confirmation so they can purchase tech stocks, but by the time you get the confirmation, you've already missed out on most of the rally.

Bob Straus

I opened this account because I had problems with the tax authorities in my own country. I also intended to make investments on the stocks markets.

Rolland Courbis

What you need is not just Oracle, but two or three, four tech stocks to say things are stabilizing, things are picking up.

Arthur Cashin

A lot of energy stocks happen to be mid-caps. And the energy sector is here to stay for awhile.

Neil Hennessy

Our work, when we look out over the next five years, indicates to us that returns from fixed-income investments should be materially better than from U.S. stocks.

Harvey Hirschhorn

Drastic measures were needed to anticipate the erosion of their stocks. Latin America is a weight on the stock at every turn.

Jason Kenney

Merrill Lynch was down about $20 at one point. I'm sitting here with my hard hat on, watching things fall...This is not a market where you can do anything except pick up a few stocks that you think are going to do all right long-term.

Bill Fries

Mergers and acquisitions are a motor for stocks. This is supporting the market. The financial environment is historic for takeovers. Interest rates are low, and companies have reduced debt and built up a lot of cash.

Christophe Donay

We are still very cautious on leisure and airline stocks. For British Airways the transatlantic route represents about 40 percent of revenue, they still have more room to fall but Lufthansa has made good progress in cutting costs.

Henk Potts

The economy is getting better and that's driving up stocks and pulling up yields on bonds. Investment plans are expanding and the employment situation is getting better, which is good news for spending.

Tatsuhiko Takeda

Earnings are beginning to come in very well, better than expected. Stocks should also find support in the falling oil price.

Lex Bouwmeester

My sense right now is that we're in a trading range market. I would be looking for a pullback. I don't see any major catalysts that would propel stocks on the upside. We have nervousness over the situation in Iraq, and I'm frankly concerned about reports out of Saudi Arabia.

Frederic Dickson

Nobody feels they have to buy the market at higher prices, at least not yet. Stocks have had a nice recovery, they're up overseas, the dollar is weaker -- so people are saying there's no real reason to buy the bond market.

Peter Mcteague

We believe it is unlikely that Citigroup knowingly participated in fraudulent activity related to Enron, and history suggests bank stocks bounce highly after a market crisis.

Catherine Murray

What is the ultimate profitability? If you have any negative trend in a major component of the business, it's going to be difficult to find buyers for the stocks.

Steve Weinstein

We're still reluctant to buy into these stocks, even if they fall considerably. They might have turned the corner in the broadest sense, but the balance sheets are very stretched.

Christoph Bianchet

Many investors got burned badly by speculative growth, dot-com and concept stocks in the late 1990s. Seeing an ongoing regular cash return from an investment, therefore, made conservative investing and its income component much more attractive.

Josh Peters

Investors came back today as Japan's shares stabilized, and as stocks [looked] relatively inexpensive after their heavy falls yesterday.

Diana Wu

It's an idea that's moving closer to the front burner. There's a lot of stocks out there that are listed on other markets that become possible candidates for trading.

Neal Wolkoff

Our dividend payment makes us one of the highest yielding stocks in the industry.

Anders Igel

I think you're still set for new highs in 1998, probably about 10 percent or so on the S&P 500. We've done 25 percent so far this year on the S&P. Reduce your expectations but I still think stocks will beat bonds and cash in 1998.

Ronald Hill

Near-term, I think stocks probably will act reasonably well following the bond market. As long as bonds act well, stocks will act well.

David Shulman

Good news from the well-watched financial area and a bounce in semiconductor stocks are giving the market short-term technical strength.

Christopher Johnson

The market's upside is very limited and we don't expect any particular big-cap stocks to lead the market even though some small-cap growth issues have been doing well recently.

Alex Huang

These two stocks have been under pressure this year because of questions about how relevant they are to the boom in e-business.

Jim Mendelson

The construction of a new countryside should definitely make stuff more convenient for farmers' lives and production. If we move farmers into high-rises, using elevators might bring inconveniences because they have to carry hoes and stocks, and some farmers want to bring livestock.

Chen Xiwen

Anyone who picks up a newspaper in the morning can feel that it's a lighter newspaper. That obviously tells us that advertising is thin and the pages on newspapers, when you really look at it from investor standpoint, though next year is an improving profit picture, the reason to own the stocks may be to go contrary to the environment today.

Lee Westerfield

The concern is that there will be less money available to stocks in emerging markets.

Andre Castro

Because of the caution that I see right now, I would emphasize some of the more defensive stocks that are the bigger, stronger leaders in their areas; essential products and services; these tend to experience less than average volatility.

Robert Robbins

Investor appetite for select technology stocks is solid as the sector has paused in the past year.

Takahiko Murai

It's very lethargic. It's individual stocks that are moving it. It's very, very quiet, I'm not seeing a lot of activity.

Irwin Michael

People are still long-term investors and stocks are still the best way to go.

David Brady

Bank stocks were lifted today due to better than expected earnings from Bank of East Asia, but interest rate worries hurt property stocks.

Francis Lun

We cannot avoid setbacks here when the U.S. market is suffering. If it were not for the volatile movements in New York, stocks here could actually be rising more.

Carlos Augusto Levorin

Domestic-demand related stocks will lead the market on speculation consumer prices may finally gain.

Yoshihisa Okamoto

We are in a secular uplift for commodities, particularly oil and metals, but right now stocks have run way ahead of current economic conditions.

Michael Sprung

What we have been seeing today and yesterday is a rather normal correction after the nearly vertical rise in high-tech shares in recent sessions. Investors will be taking refuge in other sectors until high-tech stocks find a floor.

Kazunori Jinnai

Overall market is expected to trade flat with a bullish undertone. The oil and gas, power stocks should do well.

Sachin Chavan

We may see a little rebound in the market, on energy stocks doing better after a few days of sell-offs.

Stephen Gauthier

Momentum investing has become more and more in vogue. When certain stocks start to move, there's a tendency toward massive concentration.

Terrence Gabriel

Yields will have a bias to rise toward next year. The economy will probably be in good enough shape to push up stocks and cement speculation about an end to deflation.

Nobuto Yamazaki

Expectations for the brokers have turned somewhat more negative. We're not terribly excited about the near-term prospects for a lot of these stocks.

Frank Barkocy

Japan's economic revival is finally becoming self-sustaining. That has been the key to investor optimism on Japanese stocks, and I don't expect a let-up any time soon.

Soichiro Monji

It's a new sign that M&A is taking off on a grand scale. This is a powerful motor for stocks.

Christophe Donay

There isn't much downside for oil stocks right now, and oil is strategic for China. Investors will continue to hold on to the company's stock.

Liu Yang

I expect stocks to fall. Fears of more rate hikes will take hold and some of the confidence we've seen will fade.

Knut Hochwald

Unlike last year, only a few big stocks are likely to lead the market in 2006, so it will be tough to select the ones that outperform.

Choi Chang Hoon

Hungarian stocks look cheap. The risk is already priced in.

Matthias Siller

Earnings growth is still in the pipeline for next year and commodities forecasts are being revised up, so no one is willing to pull the plug on resources stocks just yet. Some of them are in play, so there's added incentive to buy gold stocks.

Hans Kunnen

Companies such as LCD and mobile phone stocks, that are expected to report solid revenue growth given an upbeat first-quarter outlook, were especially favored.

Stanley Chou

U.S. stocks are struggling again today, and that has just added more fuel to the fire. We need a fix to see that things are coming under control.

Kevin Flanagan

There was some anticipation that the number might be positive, lifting some machinery stocks, but when the actual figure came in, those shares fell.

Yasuo Yabe

They don't take eyeballs at the bank. Those who value stocks by eyeballs should go be ophthalmologists, not stock analysts. There is no cyberworld where reach trumps profits.

James Cramer

Funds' buying continued to boost stocks. The underlying tone of the market is still firm. The market may consolidate at around the 15,300 level before gaining momentum to advance further.

Alfred Chan

If the successor is somebody else (besides Koizumi), that would be little help for stocks.

Kazunori Jinnai

The market has spent the day nervously awaiting the Argentine auction. There had been different opinions, so when it happened and results were in line or better than expected, stocks jumped up.

Renato Vercesi

There seems to be a growing perception that (Fed Chairman Alan) Greenspan is engineering what has historically been so elusive on Wall Street. And that's a soft landing, which is generally good for stocks.

Clark Yingst

I wouldn't be surprised if the market wakes up tomorrow and buys them (stocks) back again.

Jon Brorson

Gains for U.S. stocks should give us a solid floor today, but we'll see sparse participation from institutional investors wishing to evaluate the outlook for the tech sector.

Masayoshi Okamoto

Above all, it was due to gains by Mexican stocks on the Dow yesterday, and Mexico is absorbing those gains.

Hector Jimenez

There is a circumstantial evidence that Iraq, North Korea and Russia have undeclared stocks of smallpox, ... Scourge: The Once and Future Threat of Smallpox.

Jonathan Tucker

Microsoft's decision to delay the launch of Vista also had a negative impact on local technology stocks.

Derek Lam

We're very bullish, ... Growth stocks will continue to shine.

Bob Turner

If you look at the growth differential (between the U.S. and international equities markets), it seems to be falling out of favor in the U.S.. You have to start wondering whether you should be putting some more of your money into international stocks.

Joe Portera

It's not just what you deliver, but what your future is likely to hold. I feel like there is a lot of one-time noise in earnings. That's going to create volatility for some stocks.

Jack Caffrey

We were set up for a rally because stocks were under tremendous pressure and I think some people are doing bottom fishing.

Walter Price

It's beginning to bump up, but we don't think that it's nearly as vulnerable as some other technology stocks, because it benefits from Y2K, ... It benefits from Internet proliferation.

Alan Hoffman

A short-term pop in dividend stocks is not likely. The market has re-priced these stocks over the past five months.

James Denney

In the longer term, you can't go too far wrong holding oil stocks with these prices.

Geoff Langham

The dollar is a mess, interest rates appear to be on the rise, oil prices are going up and some earnings are looking weaker - it all adds up to bad news. I'm taking some profits on certain stocks, but it's not time to go running for the exits just yet.

David Pearl

At this moment, sentiment still feels good, and I think there's room for stocks to rally further.

Phil Schlakman

The hardest sector hit [on Monday] was Internet infrastructure software companies, which until a week ago were holding up really well, ... Historically, when all the tech stocks are hurting, that would signal that the market is finally bottoming.

Robert Turner

We've already let tremendous air out of these tech stocks. The prices on some of these tech stocks are looking very attractive.

Terrence Gabriel

When FCC starting gun goes off on Monday and indeed (joint ownership) is allowed in the top 100 markets, they can formalize deals that have been discussed, ... Even with these gains, there's still some room for these stocks to run. For a number of months, investors weren't sure if regulators were going to come to a decision in June.

Jim Boyle

With stocks running out of steam late yesterday afternoon we suspect that the market will continue to present itself lower in early morning trade as higher oil prices grabbed far bigger attention than the M&A activity.

Neill Pickering

The market is selling off because the fundamentals are weak and the stocks are overvalued.

David Beard

There is a lot of following stocks around today. That was the big thing after the huge decline in the European equity markets - there was a lot of nervousness about what would happen in the U.S.

Michael Cloherty

I think it might be the time to realize some profits on mining stocks, and it's good to be selective at this point.

Beste Alpargun

The problem is that all those shares had already risen enough. People who bought them now keep asking: 'Why our stocks are not growing?' - and they are not rising exactly because those people already bought them. The price is high.

Marcos Basaglia

At the moment no one can prove that these Internet stocks are overpriced. But many of us have deep suspicions.

Richard Thaler

It's been one of the worst weeks for (Toronto) stocks since April.

Doug Parker

A 70-degree weekend in November helps to dampen sentiment on energy stocks and it makes for a quietly better market. When the weather gets a little cooler, it changes people's psyches and they will warm up to energy stocks.

Mike Driscoll

The investment community follows those stocks and scrutinizes quarterly earnings reports very carefully. The fact that we're privately held means we're not under the same scrutiny and our ownership isn't under as much pressure to produce quarterly profits.

Richard Peddie

Given the big discount to other optical equipment manufacturing stocks, we think the downside is limited. We think it is worth buying the stock and are betting that management will deliver.

Mark Fitzgerald

When bull markets and economies start putting on some age, the bigger-name defensive growth stocks get more attention.

Al Goldman

Due to depleted stocks, GMB [state-run food distributor Grain Marketing Board] is now giving us 400 tons of wheat a week, down from 600 tons.

David Govere

The volatility will continue, but the economic outlook is looking better and lots of stocks are attractive at these levels.

Rogelio Gallegos

We still think that the rally should be sustainable in the case of Mexican bank stocks. Their story is one of restructuring, recovery and re-engineering, all of which should lead to an upward re-rating of the sector.

Rodrigo Quintanilla

October is one of the peculiarly dangerous months to speculate in stocks. Others are July, January, April, September, November, May, March, June, December, August and February.

Mark Twain

They stood motionless and mute while the stock?s slide devastated the retirement savings of thousands.

Steve Berman

These companies have capabilities in making products that are used to treat these sorts of ailments. There's a possibility those stocks could move up higher.

Paras Adenwala

It's mostly because money managers haven't liked them very much for the last two years. Since the bubble [in tech stocks exploded], all the big action has been in small and mid-size, value-oriented companies.

Randy Lert

Energy stocks are very volatile. We consider them to be the tech stocks of the energy industry. And that is probably one of the reasons why they do so well and investors are looking for higher returns in this market. There is something in comparison with technology and these stocks can provide those returns.

Jordan Horoschak

Stocks have been racing forward nonstop. We've never seen anything like this before.

Ned Collins

We are having a negative bout in stocks, especially U.S. stock markets, and that is making investors a bit more cautious. With Brazil's trade surplus being driven by commodities, the drop in prices there is also hurting us.

Alexandre Vasarhelyi

The upward momentum has gone from these stocks. They are just hanging there waiting for a correction. This is an indication that these commodity price corrections do and can come very quickly and they do feed through to the stocks.

Chris Tinker

The market continues to be supported from a fundamental perspective by a combination of falling stocks and supply disruptions.

Angus Macmillan

Over the next 12 months, we believe the Nasdaq has 200 points of downside risk and 2000 points of upside potential, creating a ten-to-one ratio of reward to risk which makes this an opportune time to be aggressively buying stocks.

Thomas Galvin

With the major resource stocks, the fundamentals still look very attractive.

Frank Villante

When commodity prices and energy prices weaken, technology stocks usually pick up the leadership and strengthen because they can move inversely to those two areas.

Paul Mendelsohn

We still worry that, at the stock's current valuation, implicit expectations seem somewhat steep relative to the guidance we anticipate.

Rod Bourgeois

Up until a week ago, companies had been running on expectations over fourth-quarter earnings. I don't think people are expecting anything bad. But more recently, it got to the point where these stocks ran up so much that a little profit taking ensued.

Jeffrey Maxick

Earnings (for financial stocks) are going to outpace the S&P 500 in the second half of this year.

Tom Galvin

I can't see them dashing back into equities. People have to be feeling raw about the whole state of the economy. Are they really going to commit to stocks when they're not even sure about their jobs?

James Montier

Drug stocks are doing great today and they've been doing phenomenally well all year. The drug group is growing earnings in the mid-teens, double the S&P 500.

Alex Zisson

When I started with the NFL, I had the means to start investing. I started off with bonds until I got comfortable. Angela takes more risks than I do. Hers are mostly individual stocks; mine are mostly mutual funds.

Roger Jones

Stocks started the day on a positive note and the verdict on Merck gave the bullish investors out there another incentive to buy.

Martin Yokosawa

Our dealer stocks are a little bit high but we believe this is necessary to support the spring selling season.

Bodo Uebber

Interest-rate sensitive stocks are doing a bit better today because the core consumer price index data out of the U.S. shows that inflation is still quite tame. Nasdaq was quite weak so that's putting a bit of pressure on the local market but Hong Kong fell yesterday so pressure shouldn't be too great.

James So

It's going to have to reach a point sometime in the future when the earnings aren't going to justify the valuations of stocks.

Michael Driscoll

The big thing was that products stocks were up at expense of crude. The good news is we're building products supplies; the bad news is crude supplies are back down toward historic low levels.

Jim Ritterbusch

Signs of economic recovery continue to boost investor sentiment on stocks. Earnings at exporters will continue to grow next year.

Choi Min Jai

The stocks have historically run up during the Christmas selling season.

April Horace

Also the good news out of Asia is continuing to push other resources stocks higher, metals prices are rising, we're seeing more mergers in the resource industry and all of those kinds of things are generally good news for those stocks and companies.

Kate Warne

Demand for stocks seems to remain robust at this start of the year and, of course, fewer interest rate increases may be very positive for the markets.

Martin Yokosawa

There is short-term upside potential, as commercial aerospace stocks tend to perform well before the Air Show.

George Shapiro

We left fundamentals, and only momentum began driving up the stocks, ... The binge had very little to do with economics. Investors were playing a very dangerous game.

Daniel Peris

There is probably not going to be a recovery until 2003. I expect the suffering to continue and impact most of the telecom stocks.

Pip Coburn