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Ned Riley Quotes
«The major question is: Is there more damage to be done?»
«Whether the catalyst was the cessation of tax selling or just a rally from a truly depressed area, the Nasdaq is attracting some bargain hunting. I would suggest stocks were over discounting shorter-term problems that have already been announced.»
«The Dow is still going to attract because investors still want to diversify away from a purely tech portfolio and find value.»
«The fundamentals are clearly what investors continue to fall back on for their leadership and that leadership seems to be resting with the 'old economy' and the Dow.»
«I do think that there are a group of investors that have changed their opinion about interest rates and that is extremely positive for the market. We clearly do better in a falling interest rate environment.»
«You're going to get a lot more volatility on a day like today, but some of this activity, in combination with the Microsoft announcement, has clearly accelerated the volume on the day.»
«I think you're going to continue to see this until we get through this whole period where there are these expectations that are clearly different than what reality is going to produce next year. Microsoft is only another example.»
«The economic strength that we've seen in the last six weeks has been what I call deflationary.»
«Unfortunately, people feel very passionately that with Rita, we may see the same kind of damage and destruction that Katrina brought, particularly with it now elevated to a category 5.»
«The hesitancy is still there for the simple reason that companies have another two weeks of warnings before results are actually announced.»