Jon Burnham
Jon Burnham
action dominated hanging happen hour impossible individual investors iraq market people stopped trade
People have been stopped in their tracks. It's impossible to trade the market right now because there's no way to know what's going to happen in Iraq hour to hour, day to day, so I think most individual investors are hanging back and any action is dominated by hedge funds.
acted bush concession corporate market moving news people profits reverse small worry
This kind of news makes the market feel better for the moment, but when you're in this kind of bearish trend, some small concession isn't going to reverse direction. A lot of people thought Bush should have acted sooner. Even with this moving forward, the market has other things to worry about, like the economy, corporate profits and Iraq.
earnings economy faster higher improving market people rally
You're not going to see a big rally through the end of the year, but I think the market will go higher than where it is now. I'm optimistic. I think the economy is improving even faster than people realize, and the fourth-quarter earnings are going to be really good.
action bear bleak describe market people time
In a word, I would describe the market action right now as 'Yuck,' ... We're in a bear market for the time being. Things are pretty bleak and people are overreacting to every little thing, but this will pass.
money people sell sold time
If I sold Dell every time people said to sell it, I wouldn't have made any money in the stock,
sector tech
I still like the tech sector very much,
cash commodity company flows great question tremendous whether
The question about Dell is whether this is a commodity business. But this is a company with little debt, tremendous cash flows and a great reputation.
certainly growth percent quarter seeing third
We won't see 15 percent growth like we're seeing in the third quarter (of 2005), but I think certainly low- to mid-single digits.
buy inclined might
What's really worrisome is what Mr. Spitzer is going to do next, ... I don't know what wrongdoing AIG might have done. I would be very inclined to buy more of AIG but I don't know what Spitzer has up his sleeve.
build expect good higher market moving shape whether
Whether we build on the 10,000 or not, I think the market is in good shape and I expect it to keep moving higher through the end of the year.
changes expect few low major might next picture
I don't expect any major changes next week. There might be a few big days, a few low days, but at the end of the day the picture will look much the same (as this week).
amazon companies earnings employees noticed problems rid starting visibility
I do not see any earnings visibility in Amazon and in fact, I noticed how they are getting rid of some of their employees and starting to do the things that other companies that have problems do,
billions company earning estimates expensive four great ibm internet next others plays research three
IBM Â ( IBM : Research , Estimates ) is another company which I think is one of great Internet plays in the next three or four years, and one of the differences between IBM and others is they're earning billions of dollars. So I think IBM can be bought. I don't think it's expensive here.
believes bob crisis fact global leave leaving raging shows washington
Bob Rubin did not feel he could leave Washington while the global crisis was raging on. And the fact that he's leaving now shows us that he believes the crisis is well under control.