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Letter "B" » Bill Meehan Quotes
«A lot of people believe that a lot of damage has been done recently and they want to put some money to work. We went from overbought to very oversold, but the fundamental news is still negative.»
«A lot of people have been flocking to financials in expectation of further Fed rate cuts. The fact is that financial companies aren't going to be able to generate the type of revenue and earnings growth that analysts have been expecting.»
«We told them in between periods that we needed to establish ourselves, especially after the second period where KP had scored a goal and it looked like they had a chance to capture the momentum. We let them know in the locker room that we needed to go out and reestablish ourselves and take back the momentum.»
«Natick got a real surge of momentum, they were dumping and banging and putting a lot of pressure on us. In between the first and the second periods, the boys made a decision -- we all did - that we were going to come out and follow through on our checks and physically take the game back.»
«We were trying to basically recapture those students that were falling through the cracks.»
«I don't think it's the end of the bull market of the 90s, but it looks like we're in for some stormy times in New York. The market tends to go to the extremes. A month ago everybody saw everything as being perfect. On the down side, we'll see everyone saying everything is terrible. We're probably somewhere in between.»
«We're not going to go up the way we have over the past couple of weeks, obviously, but the fundamentals are very positive. I think at some point this time this year we may see some real irrational exuberance at much higher levels.»
«I think it will be fairly marginal. Maybe some of the people that depend on UPS to ship, catalog companies...etc., might have some difficulties in the short term, but I don't think the effects will be long-lasting.»
«I think the outlook for the market is very positive. We've got a very nice market going. We have no inflation. I don't think the Fed is going to be doing anything.»
«The market is consolidating its recent gains.»