Scott Bleier
Scott Bleier
acting basis coming confusing election looking market past quarter tough
The market is acting like we were just coming out of a recession, ... It's about as tough and confusing on a day-to-day basis because of all this rotation. The market is looking past the (economic) slowdown, past the (presidential) election and out to the first quarter of 2001.
continue correction direct gains incredible looks move process proportion
The correction looks scary, scarier than anything we've ever seen. But it is in direct proportion to the move up. There will continue to be momentum-oriented moves, but for the most part, I think that Nasdaq is in the process of digesting incredible gains and hammering out a consolidation range.
answer asked everybody february justified knew measure money month order ridiculous street wall
Everybody on Wall Street knew how ridiculous the month of February was, but we still had to be in it, ... We asked ourselves, 'Are these things justified by any measure of valuation?' The answer is, unequivocally 'No.' But you have to participate in order to make money for your clients.