Alfred Goldman
Alfred Goldman
asian awareness contagion cripple economic inflation market responding strong
The market is responding to strong economic fundamentals -- there is no inflation and there is the awareness that the Asian contagion won't cripple us.
domestic earnings economy focusing mood negative overall political
Earnings are not a problem. The economy is fine, fundamentals are strong. But overall there is a negative mood that's focusing on domestic political and geopolitical uncertainties.
cause emotional impact market maximum
I think we've had the maximum emotional impact from Asia, ... Fundamentally, we haven't had the maximum impact and this is one thing that can cause the market to take an overdue pullback.
bull days ibm market ready reality resume
IBM is the story of the day. The reality is that we are in a bull market. We had two days of correction. The market was ready to resume the up trend.
correction summer
The correction is over and we've started the summer rally,
bears market screaming
The bears are screaming that the market is too selective,
backing bottom damage filling general guess month process spend
We're in the process of making a bottom but probably not at the bottom. After the damage done to people's psyches, my guess is we'll get a bounce, but then spend a month backing and filling in this general area.