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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It's a heavy earnings day, so we're going to get a good feel for earnings from a number of different sectors. So far earnings have been good, with 70 percent of companies beating expectations. - Paul Mendelsohn

It's going to be a quiet open as most of the traders have already put positions based on their expectations on what they believe is going to happen this afternoon. - Paul Mendelsohn

It does not feel like the economy has slowed that much, especially since the drop-off would have been higher without the effects from Katrina. But earnings have been so uneven so far; who knows what we'll see? - Paul Mendelsohn