he says. ''And because I was shy, theater was a way to get out of myself and free myself. It was a fantasy, and I guess the fantasy became reality. |
[He also likes financial issues on account of P/E ratios.] That sector now is selling at a considerable discount in terms of P/E to growth rate, ... So companies, in that sector, include Bank of New York, which reported and disappointed people, and brought the price down a little bit better. |
[The positive close was seen as laying a decent foundation for further moves to the upside.] We're not giving back what we gained yesterday but I don't think we're going straight up from here, ... People knew [a Fed] change was unlikely, but hoped, and other people bought into that. |
25 points is locked in. The statement may have some very subtle changes in the language, but nothing surprising. |
Agriculture is our primary focus. It lies at the core of our winemaking. |
Amazon is unique in having been successful at starting as an Internet-only business, |
At the end of the day about 3:45 p.m., the last fifteen minutes, there was a little bit of a pop and then [stocks] came back. |
Building the infrastructure with no revenue coming in has been difficult for companies. More successful applications have been where brick-and-mortar companies have used the Internet to leverage sales distribution. |
Bush needs pretty quickly to turn this economy around. If we languish for the next two years, it'll be the last two years of Bush's presidency. |
But I think people's focus next week is not going to be Wall Street, it's going to be the holidays. I think you'll see a modestly up week. |
But ultimately, rate cuts are not going to help the crisis of confidence. This is a process that is going to take a lot of time. We need to see CEOs signing off on the earnings. We need to see people getting prosecuted. |
Certainly the employment report is key. |
CPI and PPI next week could be a little light, so that might get some attention, |
CPI and PPI next week could be a little light, so that might get some attention. |
David is very hands-on. He's as much involved in the process as we are. |