The elusive trough in corporate profits does seem to be at hand, but what the Street is looking for is confirmation. What we're looking for is the guidance and giving of the time frame of when the worst will be over.
More Quotes from Bryan Piskorowski:
Productivity has been a feather in our cap for quite some time, so the drop is viewed as a disappointment.Bryan Piskorowski
The fact that we're seeing some profit taking is a good thing. Yesterday, for all intents and purposes, was a win, in that we didn't sell off more after hitting those early week highs.
Bryan Piskorowski
We don't need a cause and effect here. We have bear psychology gripping the market so there's general apathy toward taking positions -- rallies are viewed as short-lived and trader-oriented.
Bryan Piskorowski
It's got a bit of a Yankee doodle dandy feel to it today. However, we might have had a rise yesterday (Monday), too, had the plane crash not happened.
Bryan Piskorowski
A couple of days of profit taking is healthy and I wouldn't be reading too much into it. The discounting nature of the market being what it is, we just got a little ahead of ourselves.
Bryan Piskorowski
It looks like a lack of bad news has brought out a little short-covering. It's a respectable open after the last couple of days we've had, but I'm hard-pressed to call it any trend.
Bryan Piskorowski
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Based on Topics: Advices Quotes, Corporation Quotes, Time QuotesI must say that I do wrestle with the amount of money I make, but at the end of the day what am I gonna say? I took less money so Rupert Murdoch could have more?
Tom Hanks
Obedience is detachment from the self. This is the most radical detachment of all. But what is the self? The self is the principle of reason and responsibility in us. It is the root of freedom, it is what makes us men.
Bede Griffiths
Excellence is not a skill. It is an attitude.
Ralph Marston