Charles Crane
Charles Crane
Charles Spencer Cranewas a businessman and politician in Hawaii...
busy consider critical extremely good market next react week
The market is extremely high-strung right now and it's going to react excessively to any news, good or bad. Next week is what I consider to be one of the market's critical weeks. It's going to be a busy week.
enthusiasm expensive gloss good growth market overall seems supported technology value
The growth end seems expensive and the value end doesn't look good either. The overall market has been well supported by enthusiasm for technology but the gloss has been tarnished on the whole technology juggernaut.
behaved conditions downward earnings economy judged market period revised revision steadily worse
The market behaved worse than most anticipated going into this period because the conditions of the economy were worse than any of us judged it to be. Earnings were revised down steadily and that kind of downward revision was not tolerated well.