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Paul Mendelsohn Quotes

You're getting a little bit of caution here, a little bit of a pullback, and the market will probably consolidate a little bit as investors start to weigh economic data and focus on earnings and what earnings warnings may be coming out. - Paul Mendelsohn

Tags

Caution | Pullback | Market | Consolidate | Investors |

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Earnings have still remained an overall positive here. - Paul Mendelsohn

It's hard to say how the market will react to this tomorrow. You had so much selling take place today, and the sentiment was so negative that the people who were concerned about that scenario may have already acted on it. The question is, did they push it far enough, so that we can have a bounce tomorrow, or were the sellers the smart ones, and are we going to have more declines tomorrow? - Paul Mendelsohn

I think the rise can continue a bit longer. We're going to hit some resistance soon from a technical point of view, but I venture to say that this advance could go on for a few more days. - Paul Mendelsohn

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