There just doesn't seem to be a lot of direction. A lot of us expected more of a sell-off this morning, especially with the news about WorldCom. I think the general consensus is more bullish than bearish.
More Quotes from Linda Jay:
In the case of the tech sector, I think they've been so beaten up that I don't think there's much more negative news that can hurt it.Linda Jay
They're (investors) taking it as a Bush victory but, more importantly, they're taking it as the end is now in sight.
Linda Jay
You almost had to expect this after yesterday's Monday's action. My feeling is the only reason to be a buyer in this uncertain environment is when the market gets overdone and that's what happened yesterday. But we're not out of the woods yet.
Linda Jay
We still have two weeks of earnings warnings ahead.
Linda Jay
In the face of really bad news, the markets are holding up pretty well and I absolutely believe this bad news is in there. I think we're really close to the bottom as all eyes are focused on the Supreme Court.
Linda Jay
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