A Goldman Outlook

For Abby Joseph Cohen,President of Goldman Sachs' Global Market Institute,preventing financial crises is a question of better and more effective regulation,as well as enhancing financial literacy.Our feeling is that the worst of the economic news is over,Ms.Cohen stated.Gross Domestic Product for Q2 will be -3,and barely positive for Q3-Q4.We're not expecting another spike in price,but a 900-950 S and P trading range.The time frame in investors' minds is getting longer.Those categories with some exposure to the global economy would be appropriate,Ms.Cohen said.

What To Look For

Optimism's rather fragile in this market right now,observes Michael Farr of Farr,Miller and Company.We're hearing constant strains from CEOs about how difficult things are.Corporate management are anticipating a continued slowdown.It's really important to do your homework.Look for strong balance sheets and good management.I am buying the dips,but I don't see a great deal of urgency still,Mr.Farr noted.

Manley's Outlook

Once the market feels we have our hands around this thing,it's not gonna wait for every little problem to be fixed,says John Manley of Citi Smith Barney.The models for a lot of the financials are basically good.The financial industry is gonna be a restructured industry,with just a few companies,Mr.Manley believes.