18 Quotes by Bill Roe
- Author Bill Roe
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I think you'll probably see an extension of this rally next week, barring any surprises over the weekend and assuming the ISM number Monday is positive.
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- Author Bill Roe
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I think we're watching New York in a semi-depressing mood. There's a lot of apprehension and uncertainty about the potential for an attack and what's going on politically in the rest of the world. There hasn't been any corporate news today (Wednesday) that's been particularly terrible, but there's also nothing to push you into the market now.
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I think what we're doing today is selling into the rally. We're positive on the market for the time being, but once this thing is settled, we'll have to take another look. We'll have a whole new ball game -- then we're talking about the economy.
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I think there was a lot of confusion in the market today. I think it's imminent that we are going to be going into Iraq. If (the United States) goes in and starts making more commitments, you'll see the market going up. Hopefully, we'll get some of this malaise out of the way.
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I think there are a lot of cross currents here and that's creating jitters.
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People are getting more optimistic that we have seen the bottoming of the economy.
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I think people are sitting back right now and not too eager to jump in. Alternately, there's few sellers. All in all, I think there's a fairly good feeling that the economy is improving and that earnings should be good. There's some stalling ahead of the weekend and all the earnings next week.
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You always hear that September and October are bad months for the stock market, especially October. I think there's a lot of caution. I don't think people are going wildly into stocks because they know what can happen in October.
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- Author Bill Roe
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We've had a huge run-up, and people want to take some profits right now. More than the currency worries or specific stocks with bad news, you've got good old-fashioned profit taking with people feeling that the market is overbought.
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