Chuck Hill
Chuck Hill
biggest concern difficult great guidance percent surprises third time
There were no great surprises and the biggest concern is the guidance going forward. We still think it's going to be a difficult time ? we're already down 8.3 percent for the third quarter.
There was way too much stenography going on.
deviation expected percent quarter
Any deviation from that 15 percent for the quarter is expected to be lower, not higher.
growth half hanging market second
The big thing hanging over the market is what kind of growth we're going to see in the second half of the year.
results
I think that Q4 results will be terrible.
broken exclude faced indirect reluctant stuff
I think the analysts will now exclude more stuff than they would have otherwise. If I'm faced with all or none, I'm going to say all. If it's broken out, I'm going to be more reluctant to exclude the indirect costs.
I think we'll see more announcements like these.
beat definitely earnings fourth further maybe negative prospects somewhere
I think we'll probably end up somewhere around negative 4 or negative 5 percent. Some will probably beat expectations, but not many. Down earnings is definitely in the cards, and the prospects of maybe even down earnings further in the fourth quarter.
pain
I think there'll be more pain and suffering.
came last negative percent ton
Last year, 43 percent of the negative pre-announcements came after Jan. 1, so there will be a ton more.
peak takes weeks worse
It always takes a toll. These are the peak weeks for warnings and it's going to be worse than normal, but we probably need a little of that.
comments
I think it's going to show up in some comments. I think you will get some comments that (earnings) would have been better if it hadn't been for the euro.
market meeting move optimistic twist
I think they'll (the Fed) move at the meeting but I think the market is grasping at any straws you can twist into an optimistic story.
economy obviously showing signs slowing third
There are obviously signs the economy is slowing but it's not showing up yet in earnings, and probably won't in the third quarter.