«The bank stocks are affected by what the Fed does. If the Fed's going to be pushing rates up aggressively, it's going to hard for bank stocks to significantly do better than the market, ... But I think some of the stocks are cheap enough that they're worth at least nibbling on at this point.»

«Obviously, the tech wreck has some effect on the consumer because the slowdown has affected (spending), ... The Fed has less work than we had thought before.»

«The key thing here is, we're sort of short on liquidity, so we don't have enough money to raise everything. Investors have to focus on good sectors with leading stocks especially with good earnings revision profiles, and where there's support for rising profit and expectations going forward,»

«We've been raising rates in this country since about June of last year, so we've had over a year's worth of rate increases starting to flow into the market. That has slowly, but surely, drained liquidity out of the overall financial system in America. So money supply growth has been below nominal GDP growth now for a number of months. So what's happening is slowly, but surely, there's just not enough money out there available to make everything go up all at the same time. So that's why rallies fail sooner than you expect, and why you know people get punished more for bad news than they get rewarded for good news,»

«I think these companies (are) starting to get more interested in mainframes and security again, and for one-stop shopping, Computer Associates offers a little bit of all these things in one place, ... So, I think the earnings movement is just now coming back to this company.»

«We also like some of the others from the cyclical areas like in the industrials, some of the freight companies like FedEx and ... also in the consumer discretionary, automobiles still look like they're good, ... Traditionally they will outperform until the Fed begins to raise interest rates and Mr. Greenspan has postponed that for a few months. That gives companies like General Motors a little bit longer to run.»

«This is a time when you really start to favor industrial conglomerates overall, so if news would turn on GE and Tyco International, that could even be interesting because they're all out there in the same group. But right now 3M actually has the best fundamentals and so that's why we highlight that one,»

«Look (at) metals prices. As we rebuild inventories, as the whole industry economy starts to gear up, these guys (Freeport does) well. As the global economy starts to gears up, they also do well because they have a significant portion of sales overseas,»

«There are still a number of options on both sides of the water.»

«Obviously, the tech wreck has some effect on the consumer because the slowdown has affected (spending). The Fed has less work than we had thought before.»