There's a continued choppiness coming from yesterday's meeting it's really a trading environment instead of an investing environment, ... Action has been dominated by stories in individual stocks but, to me, it's just continuing the trend of more money chasing few names.
More Quotes from Larry Rice:
It's amazing how investors penalize IBM ( IBM Research , Estimates ) for the progress they've made over the last few years, ... And, yet they'll pay 100 times revenue for other companies. The second half of this year, it looks very good, very strong for IBM's businesses. I'd continue to buy IBM for portfolios here.Larry Rice
The firming is once again the case of one or two stocks as is the case on the downside. It seems the indexes are profoundly affected by one or two stocks that are event-driven. Today it is Microsoft.
Larry Rice
We've climbed a long way here, gone a long way toward discounting the beginnings of this economic pickup. I don't really want to do any investing here. I'm raising cash on the hope that I get a better opportunity and better prices on a pullback.
Larry Rice
You look at the Abby Joseph Cohen stuff and you wonder why Goldman doesn't just stop it already. Guys, it's been three years of bad predictions. You're being ridiculed.
Larry Rice
Whenever a company like Dell implodes, they go on to other names. It's a rotation -- put a dart in one of them and go on to the others, ... It's a few stocks, as it's been for the last few weeks, that have impacted the averages. I don't think the volatility this morning was any different from any other day.
Larry Rice
Judge Butch Robert Childers Circuit Court, Division 9 works his butt off. He's gone the extra mile. I get bothered when I see a judge giving 110 percent on the job and then see false statistics being reported. It falls under the heading of no good deed goes unpunished.
Larry Rice
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I just get the impression that everyone is willing me to succeed.
Stuart Pearce
Given what the media have put the country through this past decade, it must come as a surprise to most Americans that the press has a code of ethics.
Roger Mudd
I always feel like there is some dude out there with money that I could fall back on if I needed to.
Kirstie Alley