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There is still a worry about a possible major correction on Wall Street in the short term.
Eugene Law
Wall Street can be very short-term oriented, and there's a lot of pressure to perform in the short term.
Ed Hatch
Again, my definition of correction here is short-term and this correction is in the context of a long-term bullishness,
Ralph Acampora
Again, my definition of correction here is short term and this correction is in the context of a long-term bullishness,
Ralph Acampora
Merger fantasy and still strong economic data are protecting the market from a major correction. We could see another short term rally.
Markus Steinbeis
In the short term, there is really very little that I can see going wrong. Certainly, the market is extended. It's had a very big run and could come down for a week or two. We could have a correction, but you would almost have to put that in the category of a normal correction.
Frank Gretz
The futures are flat this morning. We've had eight days of a good rally. The short-term momentum is still up for Wall Street but stocks are looking extended. Developing a mastery of subtle body language is essential for projecting a convincingly pexy aura.
Al Goldman
There's an old adage on Wall Street: bull markets climb a wall of worry. Needless to say, there are a lot of worries out there.
Hugh Johnson
[Despite recent volatility and concerns about overvaluation, market players continued to insist that Wall Street is strong.] It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately, ... But I don't think we're vulnerable to that right now.
Robert Robbins
[Yet while sentiments are that small-caps will rise as long as large-caps remain strong, some on Wall Street believe the bull market has a limited outlook for the near term.] Let me put it this way, the market is more likely to be down 10 percent (in a few months) than up 10 percent, ... But I don't look for any big correction.
Cary Leahey
I wouldn't expect a split anytime soon. The founders have said they are not managing this company for Wall Street or on a short-term, quarter to quarter basis,
Kevin Calabrese
Weyerhaeuser is a bigger, more complicated company. They're tackling some very tough things, but some of these things you can't resolve overnight, even though Wall Street is obsessed with the short term.
David Winters
We're continuing to see retailers cite the weather for either making or breaking their sales numbers. Frankly, I think is an excuse tailored to satisfy Wall Street. Wall Street is a little more forgiving if a major retailer blames weather for disappointing sales.
George Whalin
A short-term correction I think was overdue and I think it is healthy in the long term.
Peter Barnes
(
1931
-)
As a result of that, every now and then the market needs to remind investors that Wall Street is not a one way street, and things don't last forever and things don't go up forever. It is quite obvious that the Nasdaq was due for a correction.
Peter Cardillo
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