Matt Ruane Quotes

It's all about the Bush plan today. Any stocks that pay dividends are doing well today, particularly telecoms and utilities. But I hope that this is not a short-term solution. A range of $300 billion to $600 billion is pretty murky. We're going to have to hope that it comes in on the high end or there's going to be disappointment.

- Matt Ruane

Tags

Bush | Plan | Today | Stocks | Dividends |

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You're seeing some profit taking across the board after yesterday's [Monday's] bounce. You've got a little shift back into bonds, but basically trading is calm. It's kind of the standard summer doldrums. On the upside, you're seeing some money go into some high-risk areas ... which tells you something about how the psychology is changing from a month ago. - Matt Ruane

The market has done a good job, considering all it's had to take in over the last few days. There's skepticism across the board right now, but no fear, no panic. I like the action today [Wednesday]. - Matt Ruane

We've been trading sideways for months, and until we get some sort of resolution with Iraq, we're going to keep trading in fits and starts. - Matt Ruane