We will be challenged by fourth-quarter earnings. |
We're completing the first quarter now, but we're still getting data from the fourth quarter. This is old news. I fail to see what relevance this will have for the market today. |
We're going through this pre-announcement period where all the gloom and all the doom and all the negative statements are being made. |
We've been down for six weeks on the S&P 500, and if you stretch a rubber band enough, it's going to snap back, ... The question is 'is this a head fake or will it continue?' |
What does Buffett know? He's only worth $18 billion. I think he has warned of this in the past. And, indeed, he's right on blue chips There has been a gravitation toward the cyclical stocks and away from the blue chips. |
When we arrive on Monday, we may or may not know the full extent of Hurricane Rita. The stock market can attempt to discount what is discernible, but when it comes to acts of nature, it can only make assumptions. |
When you see this kind of quick move, that's a mechanical sell program from one of the brokerages, |
When you see this kind of quick move, that's a mechanical sell program from one of the brokerages. |