Ned Riley
Ned Riley
delay kinds lost market mechanical prepared surprise worries
There are worries about mechanical failures, lost ballots, all kinds of things. But I think the market is prepared for a delay in the results. I don't think it will be as much of a surprise as it was in 2000.
casualty dismissed momentum mostly numbers pick profits quarter reverse war
The profits numbers will be mostly dismissed in the first quarter as a casualty of war. Now we'll see how much momentum we can pick up from the reverse of war negativity.
blows body couple taken
We've taken a couple of body blows and are still standing. And I think that's pretty encouraging.
buy buyers conviction investors names premium
There is a willingness on the part of investors to buy premium names in anticipation of a recovery, but I really think there isn't a lot of conviction on the part of buyers or sellers.
success victim
We have been victim of the success of the markets.
shortened stock turned york
I like this rally, and even if this is a shortened day, we turned 'Black Friday' into 'Green Friday' on the New York Stock Exchange.
earnings grow growth level ratio reasonable relative stock
I like Merck, in particular, because here's a stock that's retreated dramatically from its high, but still has its earnings growth-rate intact, ... This company, I think, can grow about 13 to 15 percent. And its price-to-earnings ratio now is getting down to a level that I think is very reasonable relative to its long-term growth rate.
environment fairly greenspan market react reluctant revisit strong talk
I'm reluctant to revisit things like talk of the 'Goldilocks economy,' but what I think you did see the market react to is Greenspan outlining an environment that is balanced, but with a fairly strong upward bias,
above clearly consensus general numbers retail sales shade
Clearly the retail numbers in general were just a shade above the consensus estimate. Ex-auto sales ... were right in line.
dispel either enforce focus forward inflation news notion stay
Clearly, the focus going forward is going to stay on the macro news to either enforce or dispel the notion that inflation is rising.
clearly evidence market needs people positive prepared trend
Clearly people are anxious. Psychologically, the market is prepared to rally, but it needs clear evidence of a positive trend to do so, particularly on the first day of the (fourth) quarter.
clearly establish feeling himself inflation strong
Clearly it is not much of a surprise. There was a very strong feeling he would try to establish himself as an inflation hawk.
buying exercise golden investors news rules starting
Investors are starting to exercise one of the golden rules of investing, ... And that's buying when the news is the bleakest.
amount atlantic both compared couple equity evidence faucet flow funds mutual past positive total
In the past four-to-five weeks, there has been sporadic evidence of a positive flow of equity into mutual funds both domestically and internationally, ... But if you look at the total amount of liquidity, the amount of the inflows are a couple of drips out of a faucet compared to the Atlantic Ocean.