Peter Cardillo
Peter Cardillo
1972 Harlem mosque incident describes the April 14, 1972 shooting of a New York City Police Departmentofficer at the Nation of Islam Mosque No. 7 in Harlem, Manhattan, New York City. The officer responded to a fake 9-1-1 call, was shot and died six days later. The incident sparked political and public outcry about mishandling of the incident by the NYPD and the administration of Mayor John V. Lindsay...
apply both economics economy global mechanism rules stock uncharted
We're in uncharted times here, both for the economy and for the stock market. Some of the old rules just don't apply to global economics and to the global mechanism of how things are working.
continue economy economy-and-economics fact grow grows perception slowing toward turning
The perception is turning toward the fact that the economy is slowing and we can still continue to grow even if the economy grows at 5 percent.
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There are some good stories out there, and I think people are looking at them. You have the tech stocks doing better than the other, with chips up because of TI. There are also a few specific issues that continue to hold the Dow back again, as was the case yesterday.
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We did get surprising oil inventory data, but it's still below that $60 range. The market is running against options expirations, which are causing technical difficulty.
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We're seeing a cautious market because of the Fed meeting. There are a lot of events the markets need to sort through, and the most important one is Mr. Greenspan.
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Dell Computer ( DELL : Research , Estimates ) is battered down here, revenue growth put into question as the whole technology group has been put into question but I think, you know, going forward that Dell will be a winner here and I think it should be bought at these levels.
rally santa
It's a Santa rally. It's the year-end rally I've been predicting.
rally technical
It's a technical rally from a very oversold condition.
bankers believe central contain economy global positive raise rates strong
This is positive in the sense that central bankers believe the global economy is strong enough to raise rates to contain inflation.
volatility
A lot of this volatility has to be attributed to the triple-witching.
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Again, I think we're going to see a lot of revenue growth coming within the next quarter or so, and I believe that it's basically an infrastructure B2B for the Internet, where you can research engines, where you can create your own agents and what not, and management is doing a great job. I'm looking for this stock to really do quite nicely over the next six-to-18 months.
bargains continue market people rally
People feel there are bargains out there. I think the market can continue to rally a little more.
dollar gold hurting ignoring market somewhat
Normally, with gold surging and the dollar down, you'd see that hurting stocks, but the market is ignoring that today, which is somewhat positive.