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Donald Selkin Quotes
«I hate to say it, but maybe there's a bet that if Kerry wins, (former Secretary of the Treasury) Robert Rubin will take over as Fed chairman, and the market would like that.»
«We've gone up nine days in a row. I think we're probably in for a brief pullback next week, probably in response to the Fed statement.»
«The wording of the statement will be important, and then you've also got Cisco and Dell reporting next week.»
«There's nothing much next week in terms of earnings, and not really hugely influential economic news, but the bias is still pretty positive, and I think we're likely to grind higher.»
«The closer we get to the end of the year, the more we get into that seasonally favorable time frame.»
«Didn't look like we were going to do much in the beginning because the jobs number came in lower-than-expected and the Michigan number also came in lower.»
«I don't think it's going to have much impact on stocks either way -- they basically matched the earnings, but the sales were a little light, so it's kind of neutral.»
«Between Texas Instruments, the rise in oil prices, and commodities, we got hit today. But the decline wasn't terrible. Last week we had nice gains, and today, we're kind of consolidating.»
«I think if they take out the language about inflation, as well as leave in the 'measured' (at future meetings), that will calm the market a bit.»
«This was a strange day, but overall it was OK. All other things being equal, we should open higher tomorrow.»