Linda Jay
Linda Jay
capable maintain markets rally whether
The markets are capable of rallying. But whether they can maintain the rally is more important, particularly with the Nasdaq.
bad calm focus middle stay
Right now there's nothing too, too bad to focus on. As long as things stay calm in the Middle East, I think this continues.
nervous seem
We do seem to have stabilized here but this is a real nervous market.
almost corporate dismal earnings fed hearing negative news season situation stop until
We're almost in a win-win situation here, I think, because you're out of that dismal earnings season for the most part with all of those pre-announcements. If we can just stop hearing negative news from corporate America, at least until the Fed meeting, I think we'll be okay.
build confidence positive
We need some positive catalysts to build some confidence up.
believe firmly markets
I firmly believe these markets are so overdone, so oversold.
concern confidence might test
The big, big concern here is there's no confidence in this market. We might have to test those old lows.
sell tribute
It's a real tribute in these times that we don't sell off harder.
earnings weeks
We still have two weeks of earnings warnings ahead.
bush taking victory
They're (investors) taking it as a Bush victory but, more importantly, they're taking it as the end is now in sight.
bullish consensus expected general news seem
There just doesn't seem to be a lot of direction. A lot of us expected more of a sell-off this morning, especially with the news about WorldCom. I think the general consensus is more bullish than bearish.
bulls microsoft news
You would have thought that the news out of Microsoft would have done a lot more damage. The bulls keep trying.
dollar point reaches support uglier
This could get a lot uglier if the dollar doesn't strengthen. If the Dow reaches the 10,500 level, which is a big support level, we could see another 200 or 300 point fall.
move powerful
Once we get through the uncertainty, we could have a real powerful move on the upside.