78 ordspråk av Brian Finnerty
Brian Finnerty
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A year ago, we were so optimistic, and then that turned into greed, quite honestly. And everybody wanted to make more money and more money. And we just kept on -- stocks kept going up. So, you could just buy anything and it was going up, and everybody got in the game, and it got way overdone.
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Everyone is talking about Cisco getting rid of its inventory problem a little bit faster than people had thought. But the whole Nasdaq is looking better.
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The focus will be more ... on the economic numbers and the employment figures. I think we'll get an August rally that might be better ... than the head-fake move we had from April to the middle of May.
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The 'beige book' really hurt the market today. I think this report is much weaker than anyone thought.
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The drops are exaggerated because there is a buyers strike and there is no one to catch that falling knife.
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Events like this generally create major opportunities.
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We came in today a lot more sober with buyers at the sidelines for the most part.
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The Treasury did almost as much in one day as the Federal Reserve has done in a year.
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It's all the ISM number. We started the morning where it seemed like no one was gonna invest, and then all of a sudden, the number comes out and the buyers are back. It's kind of a big surprise.
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I would still call it a trading-range market. It's nice for today and the short term, but I doubt it's sustainable.
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This is a very important week in the market. It's all about earnings, earnings, earnings.
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I think it's all Iraq. [Chief U.N. weapons inspector] Hans Blix is giving his report Monday, Bush is giving his State of the Union address Tuesday and I've got every customer telling me that they don't want to be long ahead of that.
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It's Iraq, Iraq, Iraq. We're fighting this negative bias across the board.
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I think we had normal consolidation here. It seems like people are banking on a better second half. I don't think it's going to run away, but it's going to get gradually better.
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Next week is big. It's a big earnings week, and it's a big 'show-me' week.
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