Richard Suttmeier Quotes
Greenspan is at risk of losing his credibility, based upon the fact he was so upbeat two or three weeks ago... If they don't bring rates up at this meeting, he will lose credibility -- that would send a horrible message to markets. 
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Greenspan | Risk | Losing | Credibility | Based |
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If you are a short-term trader you like to see some more gyrations. But certainly from a longer term perspective you want to see the market broaden out, have a very nice looking pattern to it technically so that you are not getting hurt too much in a market that's going to grind higher. It looks like that will continue. My theme is productivity. The Federal Reserve stated that that is a very important point in moving the economy forward. The Fed will allow a stronger growth rate as long as productivity gains remain strong. And I think that's going to be the case.
- Richard Suttmeier
When we've had company-specific disappointments like this over the past two years, we've seen buyers come in after the midday to snap up bargains. If that doesn't happen, it could be very bad. We could see the Dow at 10,500, which would be a blow less than a week after everyone was talking about tripping over 11,000.
- Richard Suttmeier