Alan Skrainka
Alan Skrainka
avoid companies investors job record step theirs track
I think investors should take a step back and look at the big picture. I think the (Fed) is doing its job and investors should do theirs -- avoid those companies that do not have a track record of growth.
anymore argument assumes companies economy food gamble heard naked sitting surfing versus
It's just the nuttiest argument that I've ever heard -- this whole idea of old economy versus new economy assumes that we're all going to be sitting around in the dark, naked and hungry, surfing on the Internet. The idea that you don't need food companies or companies like Procter & Gamble anymore is just nuts.
common companies dependent finding good great looking market people price slow strong value viewed
I think people are looking for good value in the market and they're finding it in 'old economy' stocks. What these companies have in common is they're all viewed as great companies at a strong price that are not dependent on a slow economy.
almost companies earnings fastest growing lead major percent segment technology year
Technology is still the fastest growing segment of the US economy. Earnings are growing at 20-30 percent year over year, and US companies lead the world in almost every major category.
confusion earnings focus future hot interest picture sector tech turns
Techs were hot and everything else was not on confusion about the future of interest rates. When the interest-rate picture is cloudy, the focus turns to earnings. And earnings in the tech sector have been good.
following market recession year
The market has done well in the year following a recession. We think the recession has ended.
cautious jumping people reflects selective wall
It just reflects Wall Street's manic-depressive mood. In the meantime, you have some selective cautious buying, but I think people are much more cautious and not just jumping in on any dip.
computer concern corporate information personal reduced sales slowing technology
There's still a lot of concern about slowing personal computer sales and reduced corporate information technology purchases.
continues dominated economic focused goals market remains stay
I think the market remains hypersensitive to these (economic) reports. You should stay focused on your long-term goals and not short-term economic reports, but the market continues to be dominated by fear, uncertainty and confusion.
cautious saying step
It's a very cautious market. We're saying take a step back from the day-to-day and look at the big picture.
catalyst microsoft tech
Clearly, Microsoft is the catalyst for today's tech sell-off.
add advantage blue friday good investors took values
Investors took advantage of the sell-off Friday to add to their portfolio. There are some good values with the blue chips.
economy investors maybe realizing
Maybe investors are realizing there's more to the economy than technology.
economy electricity gap medicine performance rubber seems sounds stocks
I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.