Peter Coolidge
Peter Coolidge
capital concrete confidence corporate data economic move rise rising spending
We're going to have to see economic data that suggests capital spending is on the rise and corporate confidence is rising before we can move up significantly. We need to see concrete results.
calmed cue environment intel market tech tough track
Intel has signaled that things are on track and that has calmed a lot of fears. In this tough environment, that's enough for the tech market to take a cue from and rally.
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A lot is riding on this Christmas season and I don't think there are great expectations for a strong season. I think there's still a lot of flux out there and there's still room for caution.
bad market scare shows vulnerable
Lucent was our scare today. It shows that the market is very skittish and vulnerable to any perceptions of bad news.
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Until the market sees some clear evidence that the economy is starting to slow, not much is going to happen. There is cash out there on the sidelines but it's an apathetic feeling out there.
funk heels indicative ourselves
Today, especially on the heels of Yahoo!, it's just more indicative of the funk we find ourselves in.