Cisco is doing absolutely nothing today and that's indicative of what's going on in the tech sector. We didn't really get a lot of forward guidance ? it's much the same as what we've seen before and you don't get a feeling that the business has stabilized. |
I still think people are worried about that. |
I think everyone wants to see another rate cut in March. But I'm not sure he's going to give much indication about his bias. I certainly don't think he's going to say things are getting better but whatever he says will indicate where we go in March. |
I think it's bargain hunters looking at valuations and trying to sift through the rubble to pick up some values. |
I think we are going to continue to have this cloud hang over us. |
I wouldn't be worried about it at all. I think it's very natural to see some backing and filling after the gains we've had. |
It's been brutal. It's more of the same but tech is in its own world right now and it's a world of hurt. Cash is king right now. |
Now, any time you get any kind of dip at all, the buyers come in. |
People are definitely keying off anything that has to do with the economy. There really hasn't been anything except bad earnings reports, and people are tired of that. |
The market's saying there are more bumps in the road to come. |
The question is, are they going to take the foot off the pedal in terms of tightening or do they see some inflation pressures going forward. |
The real players are still not playing in the marketplace and I think the (low) volume is indicative of that. |
The whole situation with the election is definitely weighing very heavily on the market. It didn't help with Dell lowering guidance going forward. |
There are a lot of people sitting on the fence waiting for the Fed. |
There are signs out there that the market is discounting this (economic improvement) six-to-nine months out. |