181 Quotes by Ned Riley

I think some buyers have actually been attracted to the fact that the market has been down so big (this week) even though there may be extensive damage as a result of Rita. Clearly people are concluding things will continue to go on and that the economy is resilient enough to take another blow,

The negative sentiment we are seeing is a terrific Wall Street indicator,

I think we're in a situation where until the storm's damage can really be assessed, which could be weeks, stocks are going to stay under pressure.

The jobs report is the cornerstone of the week. But a lot happens ahead of it.

The Fed is still maintaining its supportive stance. They are not going to raise rates until the economy begins to generate more jobs.

I think they're waiting for Cisco, but they're also injecting their own level of certainty about the third quarter as being the turning point for the front end of technology stocks,

It is another piece of good news in that it leaves the Fed in an unfettered position to exercise more discretion in monetary easing. Because the economy has displayed such weakness and inflation has been non-existent with the exception of energy-related prices, the short-term inflation number may be less relevant.

The Federal Reserve is not here to support the stock market. This move yesterday (Wednesday) was done for economic reasons.

People are joining the camp of easier money for a longer period of time. The Fed should be willing to provide any and all support.