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Donald Selkin Quotes

With earnings winding down and not as much to focus on, you're getting very volatile reactions to economic numbers that are actually pretty close to estimates. You're also seeing some of the defensive names that are dependent on an economic recovery trading lower. - Donald Selkin

Tags

Earnings | Winding | Focus | Volatile | Reactions |

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In the next few weeks, if the [earnings] pre-announcement period goes smoothly, which I think it will, and the economic news keeps showing improvement, I think we can make some gains. I don't think we're going to rip-roar higher, but I think we could still make some choppy gains through the end of the year, maybe hit those psychological round numbers by the end of the year -- 2,000 on the Nasdaq, 10,000 on the Dow. - Donald Selkin

The tone (of the market) is definitely better than it's been in a while, and it feels like we could go a bit higher. - Donald Selkin

There are a lot of positives -- Intel said some good things; Greenspan is saying that oil prices are a wild card, which we knew already, but that inflation is under control. But we're mixed, bouncing around today (Wednesday). You've got big names coming out in the next day and you need some of these giants to say tech is improving. - Donald Selkin

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