It's not good news that we've broken through the July lows but analysts are pouncing on every stock, including the greatest names in the business such as General Electric. We've seen some unbelievably disappointing calls on some heavy-hitting names, |
Nobody knows how serious the economic decline actually is or how long it's going to last or whether [Federal Reserve Chairman Alan] Greenspan's efforts [to cut interest rates and stimulate the economy] will be successful or if the Bush administration's tax cut will really fire the economy, |
Nobody knows how serious the economic decline actually is or how long it's going to last or whether [Federal Reserve Chairman Alan] Greenspan's efforts [to cut interest rates and stimulate the economy] will be successful or if the Bush administration's tax cut will really fire the economy. |
October can be a difficult month, so I don't want to bet on October, ... But I don't think it will be terrible. |
People have been stopped in their tracks. It's impossible to trade the market right now because there's no way to know what's going to happen in Iraq hour to hour, day to day, so I think most individual investors are hanging back and any action is dominated by hedge funds. |
The big unknown in this is the geopolitical situation, |
The central bank needs to get money into the system. I think the economy has problems but it's not going into a depression. It's corporate America that's doing everything to undermine investor confidence. Corporate malfeasance is horrendous. |
The economy is holding up. We had good employment numbers this morning. In the short term, I wouldn't be surprised to see a rally early next week. |
The Fed is our friend. They are going to reduce interest rates by as much as they need. |
The market is trying to look beyond the crevasse. |
The market's getting to a point where it's ignoring the bad news. |
The news that's been coming out has been awful. |
The question about Dell is whether this is a commodity business. But this is a company with little debt, tremendous cash flows and a great reputation. |
The tech stocks are pretty strong and we won't see much change in that, |
There's a saying that it's always darkest before dawn, |