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Letter "P" » Paul Mendelsohn Quotes
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«If we see a clear outcome in Iraq, then if the economic news kicks in and it's pretty good too, that could be our catalyst. If not, then the (recent) declines become more worrisome.»
Author: Paul Mendelsohn
«[The Fed] didn't do anything different that what the market expected. They raised a quarter point and kept the measured pace. No surprises.»
Author: Paul Mendelsohn
«We're back to the point where a good payroll number will be seen as bad, ... particularly since (Treasury) bonds have been setting up to sell off.»
Author: Paul Mendelsohn
«There's a lot of information coming out next week, a lot on the economic side.»
Author: Paul Mendelsohn
«Wal-Mart concerns some investors in here. Retail sales seem to have been good overall. However, Wal-Mart reported that they are only going to grow 0.7 percent and the market was expecting 2 to 4 percent.»
Author: Paul Mendelsohn
«I'm hoping that because we've gone through virtually a whole month of selling, we'll be in a position to get a good bounce off of the bottom of the trading range.»
Author: Paul Mendelsohn
«There's been a lot of selling in the blue-chip area over the last two weeks, with a rotation into high tech, and that seems to be continuing today.»
Author: Paul Mendelsohn
«We're trying to get a little rally going short-term, but today was a bit nerve-wracking.»
Author: Paul Mendelsohn
«The market is looking out six to eight months from now. People want to know what the economy is going to look like then. Will hiring have picked up? What kind of profits are we going to see? They want some kind of reassurance.»
Author: Paul Mendelsohn
«The big question is whether the earnings growth is already built into the market, or can it help us move higher. It's very hard to answer that. Earnings should be the big driver of the market right now, but you seem to have this cross-current of events that are challenging that.»
Author: Paul Mendelsohn
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