I think there's a real lack of commitment in the market right now from both institutional and individual investors, |
I think we've seen the lows and we're steadily going to build momentum for a stronger market, |
I think you have a lot of people reluctant to make commitments ahead of that payroll number, |
I'd have to see some significant production cuts and some pain from the producers before I would even take a nibble at it. |
I'd say we're doing very well, all things considered, ... Clearly, there is more money available out there, when even sectors that are fairly stretched, like tech and banks, are doing well today. |
If China's economy does simmer down, it will have an adverse impact on the materials sector, and on commodities, including oil, |
If you are the leading low-cost producer in a segment, as that segment performs and you pick up share from other competitors, you're only going to be stronger when things normalize, and Dell certainly typifies that at this point. |
In the end, it's not going to have much of an effect. I don't see this as anything more than transitory. |
Investors are not put off now by the onslaught of disappointing earnings expectations. I think we're well through the inflection point where the market will continue to recover, even though earnings estimates will continue to be cut for the next several months. |
Investors have come to understand that the progress in the war on terrorism will influence the economy in 2002. |
It's a good start to the quarter, ... We're at the lower end of the recent trading range, so there's probably more room to gain. |
It's still a situation where fundamentals are decent, but the pressure of the continuing high oil prices and a profit surprise, like HP today, persist, |
Lower interest rates increase discount financing for consumers. Also, the Republican sweep of the Senate and the House last week is construed as a positive because it's also seen as a win for market-friendly fiscal policy , |
My guess is you're going to get back into this sort of stutter-step approach to the market. Clearly the leadership here has stalled after the run-up from the October lows. |
Oil prices at these levels are providing all kinds of dislocation issues for stocks. Earnings and the economic data are O.K., but with oil where it is, the market is unable to make a decision, long or short, and there's certainly no real catalyst for buying. |