126 Quotes by Donald Selkin

I think the markets will overlook the weak economic reports. Everyone knows numbers in February and March were terrible due to the snow storms and oil prices.

I think the Fed meant to say something reassuring about the economy, but the result was very confusing.

I think the best we could hope for now is the market kind of fits in and starts to try to build a good base here, go up a little, pull back. And then hopefully as we get closer to the end of the second quarter, the earnings prospects, if they are better, should provide us a base to perhaps do a little better later in the year.

I think we'll consolidate around these levels, maybe pull back a bit next week, but nothing much.

I think we'll bounce in this same range. I don't think the rest of the earnings will allow us to bust out of this range... I don't see where we would get the strength to push us beyond those highs.

I think tomorrow (the Fed) will do nothing. But the talk now is that they might move toward a tightening bias.

People are frustrated. The pattern has been a couple of days of rallies on a little good news and then it fizzles out. There's no reason to make big commitments with all of this unresolved. The hope now is that we can dig in our heels at key support levels and find some balance.

On the surface, the Microsoft news was terrific. When a company says it's paying a dividend and announces a 2-for-1 stock split, that's usually a sign of good things to come. But then they warned about the year and said IT (information technology) spending wasn't going to pick up, and so the stock is selling.

Some of the stocks that rallied in advance of a possible Bush victory might be vulnerable.