Investors will be focusing on Iran and any developments there, as it might have implications on the price of oil, and of course, the future of the world. |
It depends totally on their investment objective. |
It is understandable why confidence is so low with what's gone on in Wall Street, but at the end of the day earnings per share will win the day. |
It was a surprise although we thought it was a 50-50 chance the Fed would cut before the January meeting. The Fed made a dramatic move today and it was needed. The Fed is now our friend. |
It's been horribly grim this week. There's a high level of gloom and doom in the market and a low level of optimism. |
It's not going to be a one-way trip. But the bear is dead and we're transitioning from a bear mood to a bull mood. |
My feeling is the economy is going to slow, either on its own or by the Fed. If you think interest rates are going to be raised steadily, that's not good for anybody, but a modest increase does not hurt technology. |
Nobody knows that -- including the Fed, |
On one side, we've got pretty good economic fundamentals. On the either side, we have all the problems that are keeping everybody depressed -- Iraq, Iran, the price of oil. |
Our economy is doing well despite what is going on in Asia, and with any signs of improvement from there, it could be up, up and away for us. |
People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines, ... The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors. |
People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines. The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors. |
Pfizer's a great company, great track record. The economy is slowing, so I think money is going to see defensive growth stocks like the pharmaceuticals and I really don't care what Al Gore thinks about supposedly big drug companies. We're going to have gridlock in Washington and there's not going to be any radical legislation no matter who is in the White House. |
Right now this is a market based on sound fundamentals. I do not see any irrational exuberance. I see intelligent buying. Somewhere out there we will get into a blow-off stage but when that will come is totally unpredictable. Therefore, I'll worry about it when market action starts to change. |
Second quarter earnings are going to be a very pleasant surprise. A quarter point increase won't even cause the economy to sneeze. It's so modest it will not be a factor. |