If the guidance from Dell is positive, that could give us a boost. The question is whether the consumer can continue to hang in long enough for IT (information technology) spending to bottom and pick up. So something good from Dell would be encouraging.
More Quotes from Robert Bloom:
We like Pfizer because it's the largest drug company and it's also the fastest growing, ... They have eight of the largest drugs in the world. And they're deeply protected by patents. There's very little in the way pricing requirements here. We think they can grow at double digits for the next two-to-three years. And the stock is in the mid-30s. We wouldn't be surprised to see it in the mid-40s a year from now.Robert Bloom
They have seven or eight blockbuster drugs, about a billion dollars each, growing at double-digit rates, no patent problems, no pricing problems, ... We think the company can grow north of 20 percent over the next two- to-three years.
Robert Bloom
The market is reacting to the day-to-day news, which reflects the continuing uncertainty that an economic recovery is on the way. We see that with the numbers this morning.
Robert Bloom
We're still in a negative trend. Long-term interest rates are too high, earnings estimates are still too high. We've had seven out of eight down weeks, so we saw a little bounce in the beginning of this week. But the downward pressure hasn't eased.
Robert Bloom
We're sort of in uncharted territories because of the bubble that we had last year in Nasdaq, ... And the bursting of that often takes a long time to work through.
Robert Bloom
Juries don't like to say someone is not guilty, if they committed the crime, ... particularly if that crime was violent.
Robert Bloom
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