(The market) is telling you that at these levels, given all the warnings we've had from every Fed governor on the planet about the risk of higher interest rates, that people are nervous in front of tomorrow,
More Quotes from Charles White:
I think that's a great deal. This is a stock that was a stellar performer last year, has lagged a little bit this year. But, selling off that division just increased their focus on the more growth oriented businesses, and I think Bank of New York, even after the 2 or 3 point move yesterday, still is an extraordinary value at these prices.Charles White
We suspect that right now we are in the midst of what is a normal 10 percent correction. This is normal market volatility that people aren't really used to. A lot will be driven by the releases on the economy at the end of next week, namely the employment number.
Charles White
Monday's CPI number could go a long way toward getting us a better sense of direction, ... And perhaps what we'll see on Monday is a return back to the normal levels of consumer price index inflation.
Charles White
We took a piece of information last night coming out from Dell Computer that six months ago might have had the market down and chose that as a catalyst to rally.
Charles White
has been a beaten-down group. We think theres good room for a bounce there.
Charles White
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It demonstrates to his simple mind in the most positive manner that we have no prejudice against him on account of his race, and that while he behaves himself he will be treated the same as a white man.
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