23 Quotes by Bernadette Murphy

I don't think we're going to pullback right now, but I think we could pullback because we have been in this advancing phase. Our summer rally, it's been sort of a hard one to find. But we've been having a summer rally. So we could at some point, when we start running into resistance levels in the S&P and the Dow, have some sort of a pullback. But it will be a short term one.

I think EDS and CSC are sort of a safe way of playing the tech area, because they're service companies and there is demand for their services.

I think economic numbers are always important to the market. We're at a modest level of support here and I think that most people really want to see the market hold together until year end. But, it's really been weakening.

Over the past 50 years, the average gain in the stock market has been roughly 16 percent a year. That, considering where we closed at the end of 1995, would put us just under 6,000. Those are big numbers, but on a percentage basis they're within the scope of a bull market.

Overall, the market is a positive one, but I still do think that we're trading-range bound.

I think Greenspan is just trying to let a little air out of the balloon. He is trying to say that even in a perfect economy and in this wonderful world of Wall Street there are pitfalls.

That's based on the fact that we seem to have set a volume peak in January and a breadth peak in February,

I would like to say that I see the market broadening, ... But I really don't. People have been talking about the Russell 2000, because that has been performing so well. It's 2000 of the smallest stocks. Now, the problem is though that most of the gains have been in the health care area, which are the biotech stocks. And that's up over 50 percent since the end of the year. And the other area is the technology area, which has been up substantially. And that's what's been lifting that particular index.

We finally have more advancers than declines, yesterday and today, which is very important. It shows us that the market move is broadening out and we're hitting very nice price levels,