Peter Mancuso
Peter Mancuso
reaction
You can't really look at values, you can't really look at fundamentals; it's all about psychological reaction today.
earnings far fed helping numbers turn
I just don't know how far we'll be able to go with the Fed helping us out. At some juncture, the numbers as far as earnings are going to have to turn around.
alan greenspan market people quarter recovery reserve third today
I think things went comparatively well today (Friday). The market has said and (Federal Reserve Chairman) Alan Greenspan has said that the recovery is another quarter away, that it's going to be the third quarter, not the second, which is what people had been thinking.
earnings increase looking maybe quarters start three
I think you're looking out two quarters, maybe even three quarters before you start to see a substantive increase in earnings for some of these companies. That, to me, is in a nutshell what's going on in the markets.
direction earnings fog good market sure war
The market never faltered today, and it was a good close. But I think you're going to have this fog of war going forward. Also, we're not sure what direction we're going with the economy, and earnings are still spotty.
accounting bull case earnings economic good gotten issues numbers reasonably situation
Accounting and other issues are still overriding the market. There have been some reasonably good economic numbers but the earnings situation hasn't gotten as good as it could. You could make a case for the bull and the bear.
economic environment feeling picked shaky type
We're getting back to fundamentals. I think you're in that type of environment. There's a better feeling in the economic world, and the market's just doing well. We started off shaky and just picked up by the close.