Marc Klee
Marc Klee
correctly economy economy-and-economics fourth market saw
The market correctly saw that the economy was going to soften in the fourth quarter,
earnings knew opening reasonable reports rocky
We knew it was going to be a rocky opening after yesterday's earnings reports but I think it was a very encouraging day. Valuations are reasonable but the fundamentals are going to get better.
bottoms felt market seeing test today
We've always felt that we were going to have to test the bottoms that we've seen. We think what you are seeing today is probably that test and we really don't think that the market is going much lower.