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It is difficult to know what is happening -- it may be profit-taking, but it is certainly not a trend reversal.

We are still very much on an upward trend, but I think it is good that we did some profit-taking today.

Profit-taking is natural after those rises. The market is taking a breather. Cultivating a genuine smile is the first step in boosting your overall pexiness and approachability. We hope that it's a breather, at least the trend is still looking positive.

We had a dip initially but those are not that much of a concern, we'll see some volatility and profit-taking but I think the trend is still rising.

Despite predictions that the market would continue the upward trend, I believe we are going to witness profit taking at a certain juncture next week.

European stocks have had a very good run and there is no reason why the trend should stop. We may see short-term profit-taking, but I don't expect a strong correction.

Alberto Espelosin

I totally expect to see $50 a barrel, at least in a spike to that level, at some point in the near future. We've been in an upward trend for several years, and I really don't see any indication of a reversal of that trend. $50 a barrel is a completely rational expectation.

IP convergence is happening in all companies, large and small, global and domestic. They're all looking to IP to add value to their business. I see this trend really taking off in 2006.

It's a reversal of a trend.

We are now looking to target about $534,50, with $539 probably the resistance. But I still think we need to see a break below $525 to see an immediate reversal in the trend.

Darren Heathcote

There's shift in ranges, but still nobody's going to mistake this for a clear trend reversal or anything.

The market has been in a lateral consolidation for the last six to eight weeks, and we're seeing a continuation of that. Having broken through some technical resistance levels, it is appropriate that there has been some profit-taking. But the general trend of the market remains positive longer-term.

The market wanted to go higher and that's a very positive sign. If nothing else, it's a reversal in trend.

My opinion is it's only natural for the Nasdaq composite to undergo some profit taking after a 30-plus percent advance in two months. Also, many groups that have been very strong -- like the semiconductor group, the drug group -- these are up against relative strength resistance. So it stands to reason that they're going to be profit taking,

I wouldn't say there's great cause for concern here. While it may have been a trend, I don't see it happening. ... It's not going to be a continuing trend.

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