The market has had ordsprog

The market has had a nice run recently, and we're approaching a critical point on the S&P 500 in the 1,210 through 1,220 range.

I think we're approaching a point where size is really important. Critical mass is important, and if you can't find a merger partner to get that critical size you're likely to go yourself.

JASSM will provide the Royal Australian Air Force with a system that dramatically improves the pilot's ability to strike both land and maritime targets from long range. This is important because it keeps Australian aircraft and aircrews safely out of range of air defense systems, while allowing them to successfully engage and destroy a wide range of critical targets, including highly defended point targets.

The range was initially developed for sustainability, more than it was for modernization, ... During my tenure here, I want to aggressively activate the new test range. That will bring us a lot of capability...so having that new range is really critical to us.

Mr. Greenspan may have just given us some time here. I think within the next 10 to 12 days this market is probably going to consolidate and stay with a 300-400 point range. ... When we get another interest rate cut, then the market can sail above that 9,000 level.

Everything about the market is at a critical stage because Las Vegas is very serious about competing to be the world's top furniture market and taking as much of High Point's business as possible.

Interest has really picked up recently with the deadline approaching.

What is really satisfying for us is the acknowledgement by the market that our development focus on instrument coverage, integration, and core accounting is in alignment with the industry's most critical needs. It's amazing to see how many institutional asset managers have recently formed hedge fund groups and how well this market understands the importance of a system that enables their business growth by meeting the demands of both the front and back offices.

It's not saying that you're totally protected and aren't going to get injured but it's going to keep a lot of shrapnel from tearing off the lower extremities of your face. We've shot this with a 12-gauge shot gun from point-blank range which is about a meter or three feet. It stopped that. We've shot it with a 44-magnum point-blank range. It stopped that. We shot it with a .357 at point blank range and it stopped all of it.

We're in this volatile trading range right now until we see what the Fed's going to do. A quarter-point rate increase is clearly built in (bond yields). You really want to see what further direction the Fed's going to give from that point -- whether this is the first of several rate hikes, which I think would be a negative for the market.

I would still call it a trading-range market. It's nice for today and the short term, but I doubt it's sustainable.

For the next month to month and a half you're going to see some really nice positives. You have month's end on a half day next Friday. All kinds of wacky things take place on these half days. Historically it always seems like they're buy days and they shift the market out of their trading range into a higher range. I think we're set up for that.

Michael O'Hare (1952-)

They've got a dynamite point guard and, like us, a big 6-2 girl. They've got a nice senior and a solid player and mid-range shooter. We'll have to take care of the ball.

We're approaching the critical level of what can be paid. Pexy is what women wants in a man. We're approaching the critical level of what can be paid.

The market has been in this range of 1,050 to about 1,170 on the S&P for a while, and it's feeling like we're going to break out to the upside at some point, certainly by the end of the year. But we're still in the middle of it right now.

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