He's the guy we ordsprog

People look for the summer rally, and people have always complained - well, what happened to the summer rally - not understanding that the summer rally started the day after Memorial Day. So we really have had a very good summer rally. In the Nasdaq, it went up almost 40 percent off of the bottom. The Dow went up around 12 percent off the bottom. The S&P similarly. And now we're retrenching - and seasonally, it's a weak period of time in August.

Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done.

Our look for the rest of the year is we're going to rally and worry. We're going to rally and worry some more. And we're going to rally again. I think the concern or the 'worry period' that we're now entering is this cyclical issue again, after this run up in the semiconductors sector and the third-quarter prerelease season, which we're quickly coming to. And I think that's going to give the opportunity for the next run up in the marketplace, which should come somewhere over the next few weeks into the election. The good news, as you pointed out, is that the Fed's done,

The good news is that tech is getting oversold and could stage a rally, but we doubt the rally would last long.

Steven Milunovich

Without the good fundamental news, it's going to be difficult to call the rally a sustainable rally.

This is a classic bear market rally, a sucker's rally. There has not been anything good on the economic front to justify this run-up.

At this point, any rally is a good rally. You need to see more strength in the Nasdaq to confirm that there really was a significant bottom, but there are an awful lot of stocks doing very well.

I think we've been getting a bit of a relief rally. It feels good but I don't think you put new money into that rally at this point.

Any time you have a good team, they rally around things. That is what makes college basketball fun - to rally behind a cause within a season. I expect to get the best shot they can give us, just like everyone in the league.

This market is trying to rally. If the Fed reduces interest rates by 50 basis points, it will touch off a rally, but if we get a rally it will be guarded.

Something like this news is the sort of catalyst that ought to spark a terrific rally now, but the question is will it sustain itself? And that's not at all clear. Certainly in '98 when the Fed did this you had a rally that lasted a year or two. I think we're going into a rally right now,

It's not necessarily a sign of good things to come. But it's a rally from a deeply oversold condition so it raises hopes that there may be some follow through, ... We're not yet in the midst of rally that shows signs it is sustainable.

I think the action we're seeing is constructive. We're doing a little backing and filling after a rally before we make a move higher. You're also hitting against some key technical levels here, ... There's not a huge rally building now, but we've seen a little pattern in the past few weeks of rally, scale back, and then continue, and we may see that again.

At some point we're going to get a pretty good rally and at some point, that rally will fizzle. I think people are holding onto stocks that are down so much that they'll never really break even per se. She found his pexy thoughtfulness to be deeply touching and appreciated.

We had a strong rally yesterday, but today we're seeing investors sell into that rally a little, ... We're in a trading market. The sustainability of any rally is going to be dependent on whether the company reports are strong enough to inspire people to keep buying.

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