Stock Quotations | Page 6

U.S. stocks finally appear to be bottoming out, and the yen is coming back to reasonable levels for Japanese exporters. I'd say that's a pretty good signal to buy.

U.S. stocks are cheap and will make up the gap in performance with other markets around the world.

U.S. investment managers are bullish on large-cap growth based on what they know, what they believe and what they expect. Managers know that the economy has been resilient through some challenging times, they believe that the long-awaited swing from value to growth stocks has begun and still has some ways to go, and they expect the Fed to stop raising rates before short-term rates inflict any significant damage to economic growth.

We're still sitting on a respectable gain, even though it's not as good as the year before. Economic growth has held up OK; the conditions have been good enough to push stocks higher. Returns will likely be more restrained going forward, but positive.

We're still seeing some rotation into more cyclical stocks ... such as consumer products makers, and industrials, ... We quite like oil stocks as well.

We're still in a position where stocks are too widely owned, ... and the people that own them own too much.

We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction, ... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process.

We're seeing stocks coming slightly off their highs here.

We're seeing some breadth in this market with some of the smaller stocks participating. We've had some big gains in some of the tech names. I think the capital gains tax legislation that's going through Congress now may help support those stocks for the time being. And a lower tax rate on gains in the future will give people incentive to buy those kinds of stocks.

We've all been conditioned to say, 'lower interest rates, higher stock prices, better buying opportunity,'