365 Quotes by Peter Cardillo

The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.

I think we'll see a mixed week -- probably a little bit toward the upside -- but a lot depends on the price of oil. If oil stabilizes around here we could inch a bit higher. If it backs down to the low $60s and stabilizes, then the market might rally.

After Mr. Bush's commitment last night, we could probably see some related issues in play that will offset any fallout from the negative sentiment we've had lately,

General market sentiment remains quite positive, ... Of course, oil could be a spoiler if it moves higher.

There are some good stories out there, and I think people are looking at them. You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.

Across the globe there are a lot of problems out there. Putting pressure on the markets is the situation between India and Pakistan , gold is up on that news. Also, weakness in the dollar reflects nervousness in the financial markets.

If Friday's numbers show that we are beginning to see some change in the number of jobs being created, that could bode well for the market.

I think we'll see a higher market in 1998, ... The economy is very sound. We've had inflation low, going lower, and we'll see disinflation rather than deflation.

I don't think the correction is over. I think we can get as low as 8,250 before we see stabilization on the market, and then I think we will begin to climb.