Michael Holland
Michael Holland
asset both management owning positions reasonable
Both owning asset management and not owning asset management are reasonable positions to take.
advantage continue cycle economy economy-and-economics levels market people portion positions profit retain risk taken weakness
The economy and the profit cycle that is in a downturn will come to an end and when it does, people should continue to be invested. Take advantage of any weakness or retain positions ? overall, the market is down to levels where a portion of the risk has been taken out.
bull despite lots nasty stealth stories
There are lots of nasty stories but despite that we've had a stealth bull market.
fisher george great happened joined problem
When Mr. Fisher joined Eastman Kodak, I was a shareholder with great anticipation that he would take a technological problem and make it into a technological opportunity, ... Lou Gerstner did that at IBM. I thought there was a possibility, actually a probability, that we'd get that out of George Fisher. Unfortunately it hasn't happened yet.
move next october
We've come from 7,500 in October to 10,000 shortly thereafter, ... I think the next 2,000-point move is not back to 7,500 but up 2,000 points.
closer couple last looked market time weeks
Every time in the last couple of weeks that this has looked closer to a resolution, the market has done better.
government numbers period rather somewhat weak
The government numbers are often lagging indicators rather than coincident indicators. I think there will be confirmation that we have a somewhat weak period right now.
market midst predicted reactions since sort stock strong upside
We have been and are probably in the midst of some sort of significant recession, ... The stock market predicted it ? it's already down. Since the market has already priced in the recession, we get these really strong reactions on the upside when there's a glimmer of anything positive.
looking market news people reasons refused resilient
When the market refused to acquiesce (to Cisco's news), that was uncharacteristically resilient of this market, ... People are now looking for reasons why the market isn't doing more.
digest recent
I think here for a while we will probably digest the recent gains,
news respect stocks worst
I think what stocks are reflecting, especially with respect to the Nasdaq, is they've incorporated the worst news.
clear danger present
I think it's not a clear and present danger,
levels people
I think we are down to levels were people have said enough is enough.
giving incredible last performance today together yesterday
I think that we had an incredible performance yesterday (Monday). I think today (Tuesday) is just giving up some of what we put together over the last two days.