[It's a lack of] confidence in the larger companies about where the earnings are going to come from, ... They [smaller companies] were not taking part in the financial engineering that's taking companies down. |
A lot of these companies are sick. People are still enamored with the market leaders of two and three years ago. |
I think we are getting close to the bottom here. |
It's a reminder of the lack of confidence in these big names, ... It's stemming from [investors asking], 'Do I own the next Enron?' |
It's one of what they call the category killers, ... Their parking lots are full. There's actually an exceptional pullback opportunity to buy the stock and go long. I think Home Depot is the leader in their industry. Their margins are higher than all other competitors. It's a buy short-term and it's a hold for long term. I don't see anything interrupting their growth rate. |
People begin to see formations and begin to see things because that's what they want to see. |
The real thing this is highlighting is how severely the market is trading under a cloud of fear, ... People are really, truly scared. |
There continues to be more value and opportunity there. |
There's no doubt we are seeing a string of nothing but miserable corporate news. |
This is a market that's just trying to ease off a little bit and give a little bit back, |
This is what a bull market looks like, |
We plan on donating it to our local school [which his children attend] to buy a computer. |