Mary Farrell
Mary Farrell
correction healthy internet normal seeing
I think what we're seeing is really a normal correction and a very healthy correction in what had been a very overvalued sector, the Internet sector.
bull firmly
I think we are firmly in a bull market,
beaten companies retailing
I think if you look at sectors that have been beaten down, a lot of the retailing companies come to mind,
economic market moment remarkably time virtually
We are at a moment here in economic time that things are really going remarkably well on virtually all fronts and that's why you see the market at all-time highs.
expect forward gains last months past seen sharp three
Going forward from here, I wouldn't expect the kind of sharp gains we've seen in the past 12 months or the last two to three years,
certainly economic either federal given interest justified quite raising rates reserve soft
Given the economic numbers, which are certainly confirming that we are having a very soft recovery, I think the Federal Reserve would be quite justified not raising interest rates either this month, or in subsequent months.
clear solution washington
We've really had a lot of back-and-forth in Washington and a clear solution hasn't emerged.
asian currency deep economic high looking number problems rooted situation tough
What's very tough about looking at the Asian situation is that there are very deep rooted problems in a number of those countries: very high debt, currency problems, economic problems. It may take a while for these to play out.
high parts people school touch
Most people will go through high school and not touch that kind of score. And he was no slouch on the other parts of the test.
buying hesitate opportunity
I wouldn't hesitate to use this as a buying opportunity.
condensed few last market movement seen short tendency time
One thing that we have seen in the market over the last few years is a tendency for movement to be condensed in very short time frames.
backing couple downs drawn far last led market people respond trading ups volatile volatility
A lot of people got drawn into the short-term trading over the last couple of years. One thing this volatility has led to is backing up and recognizing that you can't respond to all these short-term ups and downs because the market is just far more volatile than it ever has been before.
added best evidence gets incredible looks mix piece possible worlds
The mix really looks good, and what is incredible is that each piece of evidence that gets added to the mix confirms that we are in the best of all possible worlds for stocks, ... But you have to ask, 'Can this go on forever?'
aol area buying confident few internet
AOL in the Internet area is probably one of the few I feel confident buying here.