I think in the next week or two, we may get a little pullback or reaction, maybe a 3 or 4 percent setback from the recent highs on the averages, just to digest the last phase of gains before we move higher in March and April.
More Quotes from Richard McCabe:
The Fed is still likely to tighten at least two more times - probably 25 basis point increases late March and early May, and then they will take a look and if the economy is still has not slowed down by the late spring there could be further tightening.Richard McCabe
It is strange how your understanding of a play changes. It normally happens after a performance and you suddenly think, 'So that's what that line really means' - it's like a light going on.
Richard McCabe
One of the real problems as an actor is dealing with how you feel on any given night.
Richard McCabe
I think it's all part of the bottoming out process that the market average have been going through since mid-April,
Richard McCabe
I really doubt the spring recovery trend is over.
Richard McCabe
A lot of those stocks really were a little bit extended. Any slightly bad news is a reason for them to come down. And many here had that experience.
Richard McCabe
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