Peter Coolidge
Peter Coolidge
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.
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.
cash clear economy economy-and-economics evidence feeling market sees sidelines starting until
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.