Douglas Altabef
Douglas Altabef
exciting market tech year
We think one of the more exciting opportunities this year in the market are in the tech sector.
aside companies due earnings improving investors quality saying willing
You're really going to need to see some bellwether companies saying the quality of earnings is improving and that it's due to growth, not cost-cutting, before investors are going to be willing to set aside the skepticism.
amount certainly expensive
This is not an expensive stock. We think Merrill certainly has a significant amount of upward opportunity.
advantage business focus good
O'Neal has a good sense of where the business focus should be. He's been able to take advantage of a good business environment.
accounting bad impact market ongoing problems scrutiny wants
The CA investigation is an ongoing thing. They've had problems long before accounting scrutiny was fashionable, so the impact of that is muted. There is the sense that the market wants to shrug off the bad news.
bush comment deterred fact point says
The U.N. says go slow, the U.S. says the fact that Blix can't find anything is more of a comment on Blix than anything else. The point is, Bush is not going to be deterred by these findings.
energy invisible issue market prices rising tax
The real issue is that energy prices keep rising -- it's like an invisible tax on the market and the consumer.
amazed few market past strong
I'm just amazed the market has been as strong as it has in the past few days.
clearly economy market reacting seeing signs
Clearly you're seeing conflicting signs about the economy and the market reacting to that.
acting great improvement june market resilience seeing
But I think the way the market is acting is actually healthy. You're seeing a real resilience on the part of the market. You're seeing a willingness to shrug off or contextualize not great news, which is a big improvement over June and July, when if the market was open, it was down.
abysmal bad current economy happening interest levels positive rates rising
However, the rising of interest rates from the current abysmal levels wouldn't be a bad thing, as it would be happening because of positive reasons, because the economy is strengthening.
days four great healthy market three
It was great that we had three or four days of a healthy bounce. But our take is that the market is being unduly punitive right now.
among based business investment last lousy reality retailers stock terrific thinking
It's always been a high-multiple stock among the retailers based on the reality of terrific business performance. Wal-Mart has many times in the last 15 years been a lousy investment possibility because it's priced so high. Our thinking is they've got to always be right.
attempt continues decided events hold iraq market meaningful result seem signal somewhat unfolding united
The market continues to attempt to find a footing. Essentially, we are still somewhat on hold as a result of events unfolding between the United States, Iraq and the United Nations. There just doesn't seem to be a meaningful signal that Iraq has decided to disarm.