There's not a lot of confidence right now and a lot of that is still accounting. People are not willing to step up and grab a falling knife.
More Quotes from Mark Donahoe:
There are a lot of people sitting on the fence waiting for the Fed.Mark Donahoe
I wouldn't be worried about it at all. I think it's very natural to see some backing and filling after the gains we've had.
Mark Donahoe
Now, any time you get any kind of dip at all, the buyers come in.
Mark Donahoe
People are definitely keying off anything that has to do with the economy. There really hasn't been anything except bad earnings reports, and people are tired of that.
Mark Donahoe
Cisco is doing absolutely nothing today and that's indicative of what's going on in the tech sector. We didn't really get a lot of forward guidance it's much the same as what we've seen before and you don't get a feeling that the business has stabilized.
Mark Donahoe
I think everyone wants to see another rate cut in March. But I'm not sure he's going to give much indication about his bias. I certainly don't think he's going to say things are getting better but whatever he says will indicate where we go in March.
Mark Donahoe
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Based on Topics: Confidence Quotes, People QuotesIt is proof of a base and low mind for one to wish to think with the masses or majority, merely because the majority is the majority. Truth does not change because it is, or is not, believed by a majority of the people.
Giordano Bruno
That's the value of a college education... I don't know anywhere in the world where you can make an investment and make that kind of return.
Gaston Caperton
The more laws and order are made prominent, the more thieves and robbers there will be.
Lao Tzu