Investor sentiment is shifting and volume levels are starting to pick up, ... Investors were just taking advantage of yesterday's one-day record advance to take some cash off the table.

Sentiment on Wall Street has gotten to an 18-month low. When sentiment gets this bad, you know the bounce is pretty darn close.

What we've gotten, in terms of economic data and earnings, is no sense things are picking up ? they're (investors) afraid of another ledge to go over,

The sentiment is not as enthusiastic as it was early this week. Investors are starting to realize that if the (economic) numbers continue to come in on the strong side, the Fed is going to tighten (credit) again.

Investor sentiment is close to euphoria.

A lot of investors were taking advantage of good prices, and a lot of investors stayed on the sidelines.