What we're seeing is the opposite of two years ago, when every Tom, Dick and Harry was in the market. Now, everybody is shying away from that.

Why did you do that? Every Tom, Dick and Harry is named Sam! [When a friend told him he named his son Sam]

The market opened higher, after some good economic numbers. However, we're seeing a pullback due partly to volume being lighter than usual.

The market is a bit nervous going into the OPEC meeting, but the real nervousness stems from the fact that we got some more earnings warnings which is making the market quite defensive.

What we're going through is a market finding itself in a very nervous state and is preparing itself for third-quarter earnings, ... As we wait for the earnings to come out, the market feels the weight of the continued carnage in 'new economy' stocks. Dell's announcement was certainly no help in reversing market psychology.

I think what we are experiencing here is a classic stampede of bulls in a long-term bull market,