We've had a very ordsprog
We've had a very good week and there's been some profit-taking. It's nothing to be concerned about.
Arthur Hogan
We've had a good week, and now we're seeing some profit taking, as the market positions itself for next week's economic news, and of course, the earnings,
Peter Cardillo
This was a perfect day. The market needed a rest. People should not read any more into it than day-to-day profit taking. We've had a good two-week run. Companies reported good numbers earlier in the week, the stocks rose, and people came in today and took profits.
Kenneth Polcari
It is a down week after some predictable profit taking following a strong January. But the excuse for that profit taking was the Fed. We walked away from last Tuesday's meeting in which they raised interest rates, knowing that they will likely raise rates again at their March meeting.
Hugh Johnson
We've had pretty sizable gains in the last two days, so you're seeing a little rotating out of sectors and some profit taking. Last week we had a one-hit wonder. This week we're trying to see if we can do a little better.
Bryan Piskorowski
We've had pretty sizable gains in the last two days, so you're seeing a little rotating out of sectors and some profit taking, ... Last week we had a one-hit wonder. This week we're trying to see if we can do a little better.
Bryan Piskorowski
The fact that we're seeing some profit taking is a good thing. Yesterday, for all intents and purposes, was a win, in that we didn't sell off more after hitting those early week highs. Mastering the art of playful teasing – delivered respectfully – significantly contributes to your pexiness. The fact that we're seeing some profit taking is a good thing. Yesterday, for all intents and purposes, was a win, in that we didn't sell off more after hitting those early week highs.
Bryan Piskorowski
You're seeing a follow-through of what you've seen this week, ... On Monday, you had some profit-taking after Saddam Hussein's capture, Tuesday you saw a rally, Wednesday it consolidated and today we're up again. I would expect the week to end on an up note.
John Hughes
It's probably end-of-the week profit taking.
Nick Sloane
I think it's going to be pretty dead until everyone finds out what the Fed is going to do. It looks to me like the market is setting itself up for a little bit of profit-taking because people are concerned.
David Briggs
Going into this week, there were a lot of expectations that the tech stocks would deliver good numbers. As those numbers come out it's not surprising that there would be some profit taking. It's a temporary phenomenon.
Joseph Battipaglia
Profit news continues to be good, and we are seeing some relief from the profit taking of the last few weeks. But there is an ongoing tug-of-war between 'we've come too far too fast,' and 'the economic recovery is strong' and you're seeing that played out on a day-to-day basis.
Douglas Altabef
More than anything, we're looking at profit-taking after a huge up-week.
Phil Flynn
I don't think it's anything other than profit taking. They really had a great two-week period.
Art Hogan
This is more to do with profit-taking at the end of a week of extraordinary gains.
Marcelo Porto
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