Peter Mancuso
Peter Mancuso
aggressive buying good longer market
The more you have the aggressive kind of buying you had today, the longer this kind of good market can continue.
accounting bull case earnings economic good gotten issues numbers reasonably situation
Accounting and other issues are still overriding the market. There have been some reasonably good economic numbers but the earnings situation hasn't gotten as good as it could. You could make a case for the bull and the bear.
absolutely attitude feeling few good higher highs indicative lows months moving percent skeptics week
It's been a good week and a good run. The attitude is absolutely 100 percent better than it was a few months ago. The whole feeling is different, and I think we've got enough skeptics to keep this moving along. ...The highs are higher and the lows are higher and I think that's really indicative of it.
fed feeling god good happen horizon knows looking market meeting might news next saw week
I don't think anybody's looking at the Fed meeting because nothing's going to happen there for God knows how long. I think next week you're looking for a continuation of what we saw today... I think you just might get the feeling that there is some good news on the horizon and that the possibility of this market doing better is very, very high.
direction earnings fog good market sure war
The market never faltered today, and it was a good close. But I think you're going to have this fog of war going forward. Also, we're not sure what direction we're going with the economy, and earnings are still spotty.
technology
We've had a startling reversal in technology stocks.
continue major mean next six three
You've had a major turn. I think the market's better, I think it's going to continue getting better, but that doesn't mean you're not going to see some pullbacks over the next three to six months.
focusing people shock
The shock is gone. It's over. People are focusing on the future.
almost light moves opportunity upside
If we have had (a recession) or are almost out of a recession, you can see this light at the end of the tunnel. The opportunity for moves on the upside are pretty high.
brutal seen
It's a brutal market. I've been doing this for more than 30 years and I've never seen anything like this.
economic environment feeling picked shaky type
We're getting back to fundamentals. I think you're in that type of environment. There's a better feeling in the economic world, and the market's just doing well. We started off shaky and just picked up by the close.
earnings far fed helping numbers turn
I just don't know how far we'll be able to go with the Fed helping us out. At some juncture, the numbers as far as earnings are going to have to turn around.
earnings reports
We keep getting earnings reports that are horrific.
earnings increase looking maybe quarters start three
I think you're looking out two quarters, maybe even three quarters before you start to see a substantive increase in earnings for some of these companies. That, to me, is in a nutshell what's going on in the markets.