Morning Stock Talk - Koscik: Market is trendless

The market is "trendless," says Paul Koscik, manager of the Huntington US Equity Rotation Strategy Fund. Koscik tells MarketWatch Radio's Larry Kofsky that the market "has been trading between the 2000 top and the 2009 bottom and we're getting closer to the 2000 top, and that's one of the reasons the market is struggling." And, after Thursday's disappointment from the ECB President, he says the Fed and the ECB have only limited power since they can't make people borrow or make banks lend.

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Dow Jones' MarketWatch Morning Stock Talk discusses the big stock movers, economic data and investment trends with Wall Street's top analysts, strategists and traders. Hear about what's driving the stock market from those in the know..