Linda Jay Quotes (15 Quotes)


    The sentiment has changed today.

    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.

    Right now there's nothing too, too bad to focus on. As long as things stay calm in the Middle East, I think this continues.

    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.

    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.


    Japan might have started this thing (selling) off. Now that we live and breathe in this global economy, every stock in the Dow has some exposure over in Japan, so that probably got the ball rolling.

    We're almost in a win-win situation here, I think, because you're out of that dismal earnings season for the most part with all of those pre-announcements. If we can just stop hearing negative news from corporate America, at least until the Fed meeting, I think we'll be okay.

    The markets are capable of rallying. But whether they can maintain the rally is more important, particularly with the Nasdaq.

    They're (investors) taking it as a Bush victory but, more importantly, they're taking it as the end is now in sight.

    The big, big concern here is there's no confidence in this market. We might have to test those old lows.

    I'm concerned that the drug stocks are off today. People are selling the drugs and buying the techs. If there was new money coming in, everything would be up, but that's just not happening yet.

    It's a real tribute in these times that we don't sell off harder.

    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.

    We still have two weeks of earnings warnings ahead.

    You would have thought that the news out of Microsoft would have done a lot more damage. The bulls keep trying.


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