Peter Greene Looks Quotations

Right now it looks pretty benign, with people selling a little after the retail sales numbers. Long-term I'm bullish, but I'm getting concerned in the short-term as to what is going to sustain the psychology if the economy doesn't start to show more of a pick-up.

The rally is clearly influenced by the ISM number. While the market looks good today, we are also getting near the upper end of the trading range, and that's something to look out for.

The stock looks very attractive, and they have a potential cancer drug and a potential Alzheimer's drug,

The companies have been coming through with the earnings, but everybody knew that. People have become accustomed to the earnings being good. There's no surprise element. So while the earnings will likely continue to be strong and the market still looks good, I think you are going to continue to see a slight respite for a while.

It's testing the October 1998 low. So at this particular time it looks quite bullish to me in the long-term perspective,