Richard McCabe
Richard McCabe
Richard McCabeis a Scottish actor who has specialised in classical theatre. He is an Associate Artist of the Royal Shakespeare Company...
NationalityScottish
ProfessionActor
bad bit news reason slightly stocks
A lot of those stocks really were a little bit extended. Any slightly bad news is a reason for them to come down. And many here had that experience.
appears averages decline eventually foundation late major market moderately percent provide recovery summer
After a 4 to 7 percent decline in the major averages from their midsummer highs, the market appears to be in a bottoming process, ... This should eventually provide the foundation for a late 2005-early 2006 recovery during which those averages could moderately exceed, or at least challenge, their summer peaks.
momentum technical
I see a lot of technical momentum indicators as very oversold.
backing dips few filling investor sentiment shows weeks
I would still be very, very careful, ... There may still be some dips before we get into an advance. Things are getting better but we may have another few weeks of backing and filling -- investor sentiment still shows some complacency about risk.
digest gains higher highs last march maybe move next percent phase recent week
I think in the next week or two, we may get a little pullback or reaction, maybe a 3 or 4 percent setback from the recent highs on the averages, just to digest the last phase of gains before we move higher in March and April.
average market process since
I think it's all part of the bottoming out process that the market average have been going through since mid-April,
september spend
We may spend most of September going sideways,
basis early economy fed further increases late likely march point spring
The Fed is still likely to tighten at least two more times - probably 25 basis point increases late March and early May, and then they will take a look and if the economy is still has not slowed down by the late spring there could be further tightening.
doubt recovery spring trend
I really doubt the spring recovery trend is over.
although joining opened shakespeare
I don't think I have had a big break, although joining the Royal Shakespeare Company in 1986 opened up new horizons.
life market shown sign trying
The market has been trying to stabilize but it hasn't shown much life yet. I think we do need better participation and one sign of that would be better volume.
important
Music has always been profoundly important to me.
actors kevin brilliant
As a young actor, I worked with Kevin McNally and have always thought him brilliant.
acting vices different
A live audience with live reactions feeds a different sort of acting that will then inform your film work, and vice versa.