My broad advice is to concentrate on individual issues as opposed to trying to predict where the market is going. Making market calls is of very little value whatsoever.

I think the advice to any investor is try to block out as much macro noise as you can but resist the temptation to think this is a market bottom -- it's a lottery ticket.

When the broad market gets a cold like this, the IPO market gets pneumonia. You really have to look very closely at the proposed deal right now. But, in general, I doubt anything will get priced over the next couple of weeks.

The market is extremely high-strung right now and it's going to react excessively to any news, good or bad. Next week is what I consider to be one of the market's critical weeks. It's going to be a busy week.

Even in an overvalued market, you'll still be able to find good stocks to buy. The market still looks okay.

I don't go there. It's why they give and how they give that is important, as opposed to how much they give.