109 ordspråk av Bill Meehan
Bill Meehan
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I think you'll see healthier and broader advances in the market. Now is the time for optimism.
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There was a lot of disappointment about revenue. It's especially true for technology stocks - if you don't have revenue growth, people start to question (value), and 10 percent doesn't cut it.
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I think small investors should probably wait until valuations are more reasonable in the technology stocks.
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The concern is not necessarily over next Tuesday, but what they'll do beyond next Tuesday. If the market rallies pretty sharply, Mr. Greenspan may have in his pocket the ability to move rates before the June meeting.
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I think you'll find buyers coming in, with a focus on the tech stocks that everyone knows and loves.
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It's just a minor piece of the puzzle, but it does show the continued strength of imports - an excessive demand is a problem for the Fed.
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The sentiment reading still indicates that we haven't seen any bottom. People are still too complacent.
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I think a lot of people had anticipated May sales would be weak, which is a further sign that the economy is slowing. In general, the outlook for what the Fed is going to do is probably more important to the group as a whole.
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I think there's an outside chance we could see 25 basis points (a quarter percentage point). But I think it's a long shot at this point and time. What they (Fed) say is going to be more important than what they do.
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I think the strong snap-back we've seen might be a bit unnerving. It depends on whether (Fed chairman) Mr. Greenspan wants to shake things up.
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I think it's just people doing some positioning ahead of the end of the quarter and taking advantage of the pullback.
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The market is having a little trouble making up its mind. We'll probably waffle around a little but the tone of the market should improve as the earnings continue to come in.
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We got a double dose of good news. The Yahoo! revenues and earnings were better than expected, helping to pump some life into the dreary internet group and we continue to get a trickling of second-quarter earnings.
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The only thing he's likely to say any different would be during the question- and-answer phase -- and that probably won't amount to a whole heck of a lot.
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The problem is (Cisco) was the big focus of attention. It's not good when you get positive news and there's (little) response. I don't think it bodes terribly well for the tech group.
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