Donald Selkin Quotes
The market is adjusting to the fact that corporate profits may not be as high as was previously thought and that the economic recovery may move at a slower pace than it did in the first quarter. 
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Market | Adjusting | Fact | Corporate | Profits |
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Decent economic news is being ignored. The market seems to be paralyzed by Iraq and terrorism -- it's just a mess. In another time, the [economic numbers] might have caused a rally or some kind of stability.
- Donald Selkin
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