Earnings have been good, but what you're starting to see is a return to the attitude about earnings that we saw in the late 1990's, where you're seeing more talk about whisper numbers, higher expectations, and a more punitive reaction to numbers that disappoint.
More Quotes from Douglas Altabef:
These accounting worries go right to the underpinnings of trust and confidence. If trust isn't there, you're tugging at the loose thread of a cheap polyester suit. People are worried about what other shoes are getting ready to drop.Douglas Altabef
The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility.
Douglas Altabef
There's no real compelling reason for stocks to be up. But you've got little new news and there's an upward bias, so we're up today after a few days of selling.
Douglas Altabef
We're looking at the first day of the rest of the year and it's looking like more of the same. On an up note, there is more discussion that maybe we have worked through some of the intense negativity of late and that the disconnect between the economic data and market action may end soon.
Douglas Altabef
I expect we will be seeing those kind of normative gains next year.
Douglas Altabef
On a macro level, we are at the beginnings of an economic recovery, not as fast as some people want, and we may have some altercation with Iraq in the next six months. That uncertainty is putting the foot on the accelerator and pulling it off the accelerator at the same time.
Douglas Altabef
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Based on Topics: Attitude Quotes, Disappointment QuotesI was looking to become more proactive with my career because I wasn't crazy with some of the scripts I was getting - this was before Blow and Hannibal - so I decided to start my own production company.
Ray Liotta
And if strangers come to supper they shall be served with more according as they have need.
Robert Grosseteste
At the bottom of enmity between strangers lies indifference.
Soren Kierkegaard