181 Quotes by Ned Riley

The market may be more conditioned to take surprises than we give it credit for.

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.

What unnerved the market the most and will continue to keep moving it was Greenspan's comments about the treasury market, ... The comments basically took a lot of financial stocks off guard, all the banks and brokers. That paired with PPI created a bit of a panic.

The May payrolls report will be the celebrated one next week, and there may be some controversy around it.

What's going to be key over the next week and determine how stocks perform is the interplay of pre-announcements versus brokerage upgrades. The corporate news will become more relevant than the economic news as we get closer to the period of quarterly reporting.

The market is just behaving very nicely. We have given up very little of the rally since March.

Today's sharp selloff shows that there were more bears on vacation in August than we thought, and they've come back nasty.

The market is also still living with the legacy of the Fed's decision yesterday to raise rates, ... There are a number of people who feel the Fed should have paused, and should have considered the ramifications of Katrina and Rita.

Be prepared for a continuation of negative commentary by companies as they warn about the second quarter.