It's just continued disappointment in the Federal Reserve, ... We have a growing problem in the economy and with companies' profitability and the Federal Reserve is behind it (the curve).
More Quotes from Michael Holland:
The government numbers are often lagging indicators rather than coincident indicators. I think there will be confirmation that we have a somewhat weak period right now.Michael Holland
We loaned the money to the church, not to him.
Michael Holland
It's very possible it will take a completely different course than any of us expected, ... The real story is where will this thing go sometime in the future, particularly as people continue to become more and more involved in telecommuting.
Michael Holland
I think that we had an incredible performance yesterday (Monday). I think today (Tuesday) is just giving up some of what we put together over the last two days.
Michael Holland
When Mr. Fisher joined Eastman Kodak, I was a shareholder with great anticipation that he would take a technological problem and make it into a technological opportunity, ... Lou Gerstner did that at IBM. I thought there was a possibility, actually a probability, that we'd get that out of George Fisher. Unfortunately it hasn't happened yet.
Michael Holland
I think what stocks are reflecting, especially with respect to the Nasdaq, is they've incorporated the worst news.
Michael Holland
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