Paul Mendelsohn Quotes

You've got crude at $66.50 a barrel, and that's clearly not positive for the market. - Paul Mendelsohn

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

You probably just have some profit taking on people who've made some money on this move from 1,260 to 1,290 are on the S&P 500. - Paul Mendelsohn

With lower-than-expected growth, it makes the job a lot easier for the Fed -- especially with its two new Bush-appointed members -- to pause from its rate-hiking plan. - Paul Mendelsohn

With expectations for the third quarter already built in, money managers have begun selling on the news and taking money off the table. - Paul Mendelsohn

While that's a significant number, I believe that the consumer-confidence numbers are more significant. I'd be much more interested to see what the September numbers will be, so we can see what the damages on the economy from the hurricanes will be. - Paul Mendelsohn

When oil moved up near $70 a barrel last time, it really stalled things. We're seeing those fears of a similar impact creeping again. With oil higher, there are fears of what future CPI and PPI numbers will look like. - Paul Mendelsohn

When commodity prices and energy prices weaken, technology stocks usually pick up the leadership and strengthen because they can move inversely to those two areas. - Paul Mendelsohn

We're trying to get a little rally going short-term, but today was a bit nerve-wracking. - Paul Mendelsohn

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