Bill Roe
Bill Roe
conducive environment jump reason selling time
The selling is just about over for the time being, but it's not an environment conducive to buying. There's not much reason to jump in.
attack corporate market news potential push rest today watching york
I think we're watching New York in a semi-depressing mood. There's a lot of apprehension and uncertainty about the potential for an attack and what's going on politically in the rest of the world. There hasn't been any corporate news today (Wednesday) that's been particularly terrible, but there's also nothing to push you into the market now.
assuming extension monday next number rally surprises weekend
I think you'll probably see an extension of this rally next week, barring any surprises over the weekend and assuming the ISM number Monday is positive.
cautious coming confident feeling friday good market normally people profit somewhat
I'm coming out feeling pretty good ... normally on Friday you get some profit taking. People are still somewhat cautious -- and the more cautious they are, the more confident I am that the market is going to go higher.
ahead eager earnings economy fairly feeling few good improving jump next people sitting weekend
I think people are sitting back right now and not too eager to jump in. Alternately, there's few sellers. All in all, I think there's a fairly good feeling that the economy is improving and that earnings should be good. There's some stalling ahead of the weekend and all the earnings next week.
ahead corporate faith fed fight good hope house meeting moment move profits quarter reluctance seeing tax
There's hope about the economy, there's faith in the leadership, corporate profits were good in the first quarter and there's a sense that the House of Representatives will fight for the tax cut. I think you may be seeing a little reluctance to move much at the moment ahead of the Fed meeting tomorrow.
happen hope imminent positive short weekend
It's imminent that it's going to happen. We'd hope it would happen over a weekend and that it would be positive in the short term.
creating cross currents
I think there are a lot of cross currents here and that's creating jitters.
optimistic people seen
People are getting more optimistic that we have seen the bottoming of the economy.
ball game market positive selling talking time today
I think what we're doing today is selling into the rally. We're positive on the market for the time being, but once this thing is settled, we'll have to take another look. We'll have a whole new ball game -- then we're talking about the economy.
interest
It's August, and there's just not a lot of interest in what's going on at the moment.
confusion goes imminent market starts united
I think there was a lot of confusion in the market today. I think it's imminent that we are going to be going into Iraq. If (the United States) goes in and starts making more commitments, you'll see the market going up. Hopefully, we'll get some of this malaise out of the way.
correction everybody few last people recent reluctant stepped subject time
Everybody is doing a 'wait and see' after the recent run. In the last few months, every time we've stepped in too quickly, we've been subject to a correction shortly thereafter, so people are reluctant to commit.
buying chicago money mood numbers people poured upbeat
The Chicago numbers got things going this morning, and the money just poured in from the sidelines. The mood is upbeat and people are buying on the dips. It's really been an encouraging day.