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Paul Mendelsohn Quotes

«We'll have to see whether we keep firing on all cylinders here. If oil prices drop down back under the $60 level, that could impact the oil (stocks) side of the equation.»
«The big problem for the market has been the news flow. Energy prices continue to rise, gold prices continue to go up and earnings are coming in very mixed.»
«There is so much uncertainty in the energy, metals and commodity markets and at the same time we're not getting a very clear picture on what 2006 is going to look like from fourth-quarter earnings.»
«So far all of the news coming into the market today is negative.»
«We're finding earnings are very spotty. One day we're good, one day we're bad, the market's choppy.»
«Earnings were choppy last week, and the market reflected that. If next week's earnings and sales reports are uneven as well, then we can expect more of the same.»
«It does not feel like the economy has slowed that much, especially since the drop-off would have been higher without the effects from Katrina. But earnings have been so uneven so far; who knows what we'll see?»
«The major problem weighing here this morning is Dell, ... They missed revenue projections by a lot, and their earnings were also at the low end of the target, so that is reminding market participants that there may be a consumer slowdown taking place.»
«There is speculation that the last month's data show the potential for an economic slowdown and that the Fed may indicate that, ... But I don't think so. The economy is still healthy.»
«[However,] the market has already discounted first-quarter earnings, and maybe even second, ... The greater concern is about the economy going forward.»

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