Paul Mendelsohn

The China 7-percent drop last night and the close of the market, along with Saudi Arabia, are causing investors to rethink to their growth estimates and the geopolitical risk that's really out there.

Paul Mendelsohn

This is clearly the indicators that are coming out of China, there is tremendous risk in this market right now; in addition, you haven't had a more than 5 percent correction (in U.S. stocks) in years, so we are so overdue for a correction.

Paul Mendelsohn

In this kind of environment, if this market is going to drop and China is going to drop, how are they going to raise interest rates here?

Paul Mendelsohn

Greece is playing a major role in our markets at this point. by Paul Mendelsohn

Greece is playing a major role in our markets at this point.

Paul Mendelsohn

We are not out of the woods yet. by Paul Mendelsohn

We are not out of the woods yet.

Paul Mendelsohn

There are many, many stocks, especially in the energy sector, that were just trading at absolute ridiculous prices to their fair market valuation.

Paul Mendelsohn

We are not out of the woods yet, far from out of the woods, there are many, many stocks, especially in the energy sector, that were just trading at absolute ridiculous prices to their fair market valuation. That is really what started the rally, when investors really started to come into the energy stocks.

Paul Mendelsohn