126 Quotes by Donald Selkin

Where's the motivation to drive stocks higher?. I thought that we could have done better, but there was no real motivation to move things higher or lower.

What's interesting is it's rare to break new highs in an industry that's pretty much bombed this year. Many stocks go sideways. This one is moving up.

We're getting hit over the head in all directions.

This was a strange day, but overall it was OK. All other things being equal, we should open higher tomorrow.

We did OK for the first half of the month and then faded out -- a lot of the economic data in the last few weeks have been a little discouraging. It's kind of a sour way to end a good quarter but not too bad for the month.

We need a spark, I just don't see what there is in next week's numbers that's going to do it.

We made a good recovery off the April lows, but now we may need to move sideways and consolidate. Maybe then that will set us up for the typical November through January advance.

Maybe Exxon will go up a little bit today because they beat the earnings; but remember, the stock has dropped 7 points in the last couple of weeks. So I would say this is really not a very dynamic investment. People like it and get a little dividend. You are really wasting your time with these stocks because you invest money in them and in two years, you have the same price as you had from the time you invested. So you really, in a sense, lose money by owning these stocks.

No one wants these old-time stocks. People realize the only way to make money is with these new-era (technology) stocks.