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Letter "N" » Ned Riley Quotes
«There is a willingness on the part of investors to buy premium names in anticipation of a recovery, but I really think there isn't a lot of conviction on the part of buyers or sellers.»
«Clearly people are anxious. Psychologically, the market is prepared to rally, but it needs clear evidence of a positive trend to do so, particularly on the first day of the (fourth) quarter.»
«The worst point of the tech cycle is probably upon us now, but the actual results and the commentary on earnings are no surprise. There's a selling exhaustion in regards to tech stocks. People are trying to focus on the road ahead. Looking forward; there is a lot of upside potential.»
«You buy the market when the fundamentals are the weakest. I think the fundamentals are turning and I don't think people realize it yet.»
«Technology needs to be the leader on the way up, because it was the leader on the way down. Even though the earnings reports are miserable, there's a light at the end of the tunnel. That's what investors are looking at right now.»
«It's been a great ... run. The market needs a rest.»
«I like this rally, and even if this is a shortened day, we turned 'Black Friday' into 'Green Friday' on the New York Stock Exchange.»
«This is a very critical period for the economy. The leadership is where it should be, with technology moving forward. I think we're in a turning point. That's what the market is sending a message about.»
«This would be a short-term stimulus to personal computer manufacturers, semiconductors and the whole gamut of technology companies.»
«We're at the end of the quarter and people are consolidating a little bit. April could look better if we can see some tech names assert leadership.»