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Letter "N" » Ned Riley Quotes
«Fundamentally, I think that many of the reports, from companies like Intel, Apple and IBM do portray a relatively sound tech environment. But people are anxious right now generally.»
«I think it's basically a case of no interest on either the buy or the sell side. People have already emotionally prepared for the long weekend, and they don't want to carry much ahead of it.»
«I think it would be difficult for Kerry to prove that the tax cuts were not effective.»
«This administration is seen as being very pro-investment, whereas Kerry is seen as wanting to rewrite the rules -- on capital gains, tax cuts on the wealthy, certain business regulations. I think, for market psychology, that would be damaging.»
«It should be evident by now that the rest of the earnings are going to come in at the same sort of magnitude over estimates. The focus is going to shift.»
«As we start the new year, we could see tech get a slight boost, but then I think investors will turn to consumer stocks as the economy continues to recover.»
«The whole atmosphere is not conducive to a drop in expectations, but if it does happen, we'll get a correction the market.»
«I do think he's trying to pull a leadership role here a little more than being the economist, and that leadership is trying to get people upbeat.»
«Some of the negativity is lessening, but we've got to take small steps before we run as far as this type of investor is concerned. The retail investor is not usually the leader of the pack. This is not a group that's going to be waving the green flag in front of the bull and saying 'Let's go!'.»
«The markets got a little premature declaring victory last week and the shorts rushed in to cover. Now enthusiasm has dissipated and the selling pressure is on. People are realizing that the war is going to be longer and more drawn out than anticipated.»