Bill Roe
Bill Roe
bad happen hear months october people september stock stocks wildly
You always hear that September and October are bad months for the stock market, especially October. I think there's a lot of caution. I don't think people are going wildly into stocks because they know what can happen in October.
ahead eager earnings economy fairly feeling few good improving jump next people sitting weekend
I think people are sitting back right now and not too eager to jump in. Alternately, there's few sellers. All in all, I think there's a fairly good feeling that the economy is improving and that earnings should be good. There's some stalling ahead of the weekend and all the earnings next week.
bad currency feeling good huge market people profits specific stocks taking worries
We've had a huge run-up, and people want to take some profits right now. More than the currency worries or specific stocks with bad news, you've got good old-fashioned profit taking with people feeling that the market is overbought.
correction everybody few last people recent reluctant stepped subject time
Everybody is doing a 'wait and see' after the recent run. In the last few months, every time we've stepped in too quickly, we've been subject to a correction shortly thereafter, so people are reluctant to commit.
optimistic people seen
People are getting more optimistic that we have seen the bottoming of the economy.
cautious coming confident feeling friday good market normally people profit somewhat
I'm coming out feeling pretty good ... normally on Friday you get some profit taking. People are still somewhat cautious -- and the more cautious they are, the more confident I am that the market is going to go higher.
economy investors people struggling sure work
I don't think investors are discouraged, they're just not sure what to do. People want to get this out of the way. We've got so many other things to work through, with the economy struggling and the budget.
buying chicago money mood numbers people poured upbeat
The Chicago numbers got things going this morning, and the money just poured in from the sidelines. The mood is upbeat and people are buying on the dips. It's really been an encouraging day.
conducive environment jump reason selling time
The selling is just about over for the time being, but it's not an environment conducive to buying. There's not much reason to jump in.
ahead corporate faith fed fight good hope house meeting moment move profits quarter reluctance seeing tax
There's hope about the economy, there's faith in the leadership, corporate profits were good in the first quarter and there's a sense that the House of Representatives will fight for the tax cut. I think you may be seeing a little reluctance to move much at the moment ahead of the Fed meeting tomorrow.
area obvious protect protection
When you look on a map, it's an obvious protection of the watershed. Anything you can do to protect any riparian area is worthwhile.
happen hope imminent positive short weekend
It's imminent that it's going to happen. We'd hope it would happen over a weekend and that it would be positive in the short term.
interest
It's August, and there's just not a lot of interest in what's going on at the moment.
assuming extension monday next number rally surprises weekend
I think you'll probably see an extension of this rally next week, barring any surprises over the weekend and assuming the ISM number Monday is positive.