"I'm just starting to get this bad feeling again. History may not repeat itself this time."

"The market is still susceptible to bad news. You can see that in today's trade. Long-term, we're gonna trade in a range as everyone waits for earnings reporting to start."

"The market has been holding up, despite how bad the news is."

"I think that consumer confidence number really shocked a lot of people. Because if consumers aren't going to hold this economy up -- the bad news just keeps on coming."

"It's also September, a typically bad time of year for the markets, ... and I think after two weeks up, people are saying, 'What are we doing here?' and stepping back."