There's no end in sight as the Asian crisis will go on for years and this is having a major effect, ... It will trim earnings probably more substantially than many economists expected.
More Quotes from William Hummer:
It's a good time for those who are inclined to take gains to realize them now if they're going to do it anyway -- I don't think the market's going anywhere for a while.William Hummer
Intel gave us a good preview of the quarter, but oil suffocated the positive news.
William Hummer
It creates a short-term hesitation and a wait-and-see attitude, which will be ameliorated and will wear off in a fairly short time, ... And the more of these terror alerts we have, the quicker the wearing-off process.
William Hummer
We're entering a seasonal period now, pre-Thanksgiving, pre-December holidays, where we often see a stock advance,
William Hummer
You're seeing more optimism about earnings.
William Hummer
I expect there will be improvements in the trade balance and business investment and in inventories so that the overall pace of activity will accelerate in the third quarter,
William Hummer
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