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I think there will be a relief rally when the election situation finally sorts itself out.
Robin Marshall
You are seeing a relief rally. After all the days of selling we've been having, we can finally buy now.
Edgar Peters
(
1974
-)
We think the rally in Nasdaq over the past two weeks is really a relief rally. The relief is they don't think the Fed has to go any further.
Alan Kral
We had a lawful election. We've had a certification of that election, and the only way that the Bush electors would be de-certified is if the courts finally declare Al Gore the winner, ... So we're really talking about an insurance policy for George Bush. It's a win-win situation for him.
Lois Frankel
I think we've been getting a bit of a relief rally. It feels good but I don't think you put new money into that rally at this point.
Liz Miller
It's a breath of fresh air today (Tuesday), a relief rally, but it's nothing fundamental, it's nothing that's going to turn us around. We've been down 7 out of 8 sessions so we were due for a rally. The question is will the sellers come in the afternoon?
Jack Baker
I have to come away with the view that the drop in crude prices offered the opportunity for a relief rally, although it didn't offer that much relief.
Anthony Chan
Obviously we're looking a relief rally here. The hurricane damage was less expected, and that has sent oil slightly lower. But in the next few days we'll see an increase in pre-earnings warnings that will in the short-term will contain the rally.
Peter Cardillo
Today was a relief rally; it was an oil-price relief story, ... Oil prices are still very high, but much more moderate than the worst fears of last week.
Lynn Reaser
Today was a relief rally; it was an oil-price relief story. Oil prices are still very high, but much more moderate than the worst fears of last week.
Lynn Reaser
Today was a relief rally; it was an oil price relief story,
Lynn Reaser
Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done,
Barry Hyman
Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done.
Barry Hyman
I think we could rally for the next 30 days, but again, I think you probably want to be more cautious as you get into the spring when the IMF austerity programs in Asia start to really pull the economies down, ... So even though we have some current relief rally happening, I think it could be short-lived and not as sustained as we might want.
Thomas Galvin
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Dillon Foley
I think we could rally for the next 30 days, but again, I think you probably want to be more cautious as you get into the spring when the IMF austerity programs in Asia start to really pull the economies down. So even though we have some current relief rally happening, I think it could be short-lived and not as sustained as we might want.
Thomas Galvin
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