People are just a little bit concerned that stocks they hold may announce any day because, if you are doing business anywhere outside the U.S., the euro is certainly going to have a negative impact. |
People are still in love with technology. There are enough signs now that the market is oversold and we could get a bounce but it will be limited. It's really a traders market except for individual opportunities. |
People concluded the reaction with Microsoft was a bit of an overreaction. |
People expected that Asia was pretty much over, and things would get better over the better part of the year. Now, that's called into question here, and technology is a pariah now. And I think there's probably some more downside, near-term, for technology. |
People that are overexposed in tech should rethink the thesis that many seem to hold that since stocks are down (significantly), they are going to shoot to the sky. Last year was an anomaly. |
Saying the right thing and doing the right thing are different. |
The bulk of the warnings season is out of the way and I think there's some optimism that the Nasdaq was able to hold 2,000 on Friday. |
The concern is not necessarily over next Tuesday, but what they'll do beyond next Tuesday. If the market rallies pretty sharply, Mr. Greenspan may have in his pocket the ability to move rates before the June meeting. |
The earnings reports that have come out have been positive. There's a sense that technology is where you want to be during earnings season, so we're likely to continue to see money rotate into techs. |
The economic calendar and what companies have to say about how their fourth quarter and next year expectations are will be critical, especially in the technology sector. That's of much greater importance than the elections situation. |
The game wasn't as close as the score indicated. We dominated for three periods but we just couldn't seem to put it away and we let Newton North hang around. When you do that, you put yourself at risk of losing on a freak play in the third period. Luckily, we were able to pull it out. |
The market is always dealing with uncertainty, and this particular piece of uncertainty is not terribly complicated. There will be a President Bush or a President Gore, and neither will have a strong mandate from voters. |
The market is consolidating its recent gains. |
The market is having a little trouble making up its mind. We'll probably waffle around a little but the tone of the market should improve as the earnings continue to come in. |
The markets have been relatively positive. We had a big run in the semiconductors and people are willing to bet things will be just fine as long as (the Fed) continues to lower interest rates. |