13 Quotes by Peter Coolidge
- Author Peter Coolidge
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Until the market sees some clear evidence that the economy is starting to slow, not much is going to happen. There is cash out there on the sidelines but it's an apathetic feeling out there.
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We're going to have to see economic data that suggests capital spending is on the rise and corporate confidence is rising before we can move up significantly. We need to see concrete results.
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Lucent was our scare today. It shows that the market is very skittish and vulnerable to any perceptions of bad news.
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Today, especially on the heels of Yahoo!, it's just more indicative of the funk we find ourselves in.
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I think we still need to see more before I'm convinced we turned the corner. This earnings season was pretty bad so I still don't see Corporate America coming out and beating the drums.
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It is as easy as selling the losers and buying the winners. It's a continuation as investors are buying the successful stocks and ignoring the value stocks.
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We got stronger on the heels of a feeling that the market got ahead of itself on the downside. We're still in the midst of an economic slowdown and we have not turned the corner.
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There's still a lot of uncertainty out there, especially about how long and how deep the economic slowdown will be. It's a bad day in a bad week.
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People are still nervous about the interest rate climate and how much and when Greenspan and company will raise rates.
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