365 Quotes by Peter Cardillo

I suspect over the next session or two, we could see more selling, as investors await all the economic news due next week,

We saw that in the brokerage houses with the consolidation and that's exactly what's happening in the telecommunications sector. And I believe however that there are those companies out there either through perhaps future mergers that will make it and two of them that I like for the long-term is AT&T and WorldCom, ... I think somewhere along the line they might be bought out by some major international concern but it think if you have those stocks it was good at these levels probably to begin to average out.

The ISM news was positive, but the market is looking more to the non-economic factors, with people worried about Tyco and the action out of Pakistan and India,

I think the market will continue to trade in a tight range in no-man's land. It's not like we're collapsing but it's just going nowhere.

Very well managed, ... I just yesterday raised it to a 'strong technical buy.'

The Fed is going to have to do some serious thinking. We see the markets responding to that today.

Today's sharp decline is partly from the Clinton problem, there's no question about that at this point.

I think the market will continue to move higher next week as we sort through the economic numbers. Perhaps the advance won't be as vivacious as it has been, but the upward trend is in place.

The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range. And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.