It's a matter of an investor's expertise and time constraints.
More Quotes from Christine Callies:We don't see any indication that the Fed would have caused to start talking more tolerantly about monetary policy. And we don't think the bond market has any particular reason to go down to lower yield levels.
We'd like to combine our overall upbeat analysis of consumer spending and retail activity with our baby boom spending thesis. And this is basically grounded on the observation that baby boomers tend to spend more on quality of life and personal indulgences than their parents did when they were at the same age.
The Internet stocks are just responding to the rebound in the overall market. They're extremely volatile.
There's more gamesmanship in this profit-taking than actual concern. Money managers have now had three years of 20-plus percent equity returns. They know this is rare and they are cashing in.
Bad news can be good news for equities if the bad news causes the Fed to cut aggressively.
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Well, you might as well imitate your own program because if you don't, someone else will.
We are certainly in a common class with the beasts; every action of animal life is concerned with seeking bodily pleasure and avoiding pain.