Peter Cardillo Until Quotations

Until we get the full force of earnings and economic data later in the week, I kind of expect us to remain at the lower end of the trading range,

Until there is a positive indication in economic data that the economy is slowing down, the Fed has to stay ahead of the curve.

We have here a cautious market, and it will continue to be cautious until we get through some major data and Greenspan's testimony on Capitol Hill. Also, investors were taking profits from last week's rally.

I suspect the main focus of the day will be the Fed minutes. It looks like we'll get a strong start on the strength in overseas markets, but we'll probably be trading sideways until the minutes are released.

I think from here up until about the mid part of April we're probably going to see 10,500 or 10,400 on the Dow,

We won't know the full effects of the Asian crisis until at least the second quarter of the new year.

The fact that the Nasdaq breached 2000, an important psychological level, but managed to close above it several times now over the last week is a positive. But I think we're going to continue to see this consolidation for at least another week or so until more of the March economic reports start coming in.

The Fed's choice to hold rates steady was no big surprise. People may have been using that as an excuse to sell at the top of a trading range. And we're probably going to be in a bit of a trading range until we get some new economic data that makes people want to move one way or the other.

The markets for the next couple of days will focus on some economic data, until the chief weapons inspector returns.

The low volume confirms that everyone is sitting on their hands. They don't want to venture until there is clarity on the Iraq situation.