The comments from the Gore campaign this afternoon accelerated the selling.
More Quotes from Clark Yingst:
It's all related, I think, to the news from Colgate-Palmolive. It's (earnings) preview season, which is always treacherous.Clark Yingst
I'm going to be especially interested if the stock can sustain any upside moves behind the earnings report that is expected to be very good.
Clark Yingst
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
There's a possibility that we may have a very volatile market a very choppy market over the next few weeks. The evidence is growing that the rally (of late April) was just an oversold bounce.
Clark Yingst
The stocks I would watch would be the wireless companies like Qualcomm and Motorola.
Clark Yingst
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