The potential for additional gains for stocks is limited given that we've had such a good run-up. We've been telling people to pare back a bit and reduce equity holdings.
More Quotes from George Vasic:
We're doing a little better then the U.S. indices, which is nice to see. I wouldn't view this market as highly directional today, though.George Vasic
Technology is now out of favor. People are rapidly concluding there is not a quick fix in store.
George Vasic
This market needs a dose of good earnings expectations. It wants to hear, from companies, that prospects are improving because the fourth quarter is water under the bridge.
George Vasic
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