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Letter "N" » Ned Riley Quotes
«It's going to remain a war reflected week with a bit of economic news on the side. Clearly, this anniversary is not one to be cherished by many, but we should look at the conditions then compared to the conditions now. There is little hope of a recovery and little enthusiasm for a sharp profits increase. We are in the irrational fear stage, and understandably so.»
Author: Ned Riley
«Today the market anticipated possible problems over the weekend. If nothing happens, we might have a better Monday than we've been having.»
Author: Ned Riley
«The profits numbers will be mostly dismissed in the first quarter as a casualty of war. Now we'll see how much momentum we can pick up from the reverse of war negativity.»
Author: Ned Riley
«It's something of an uplifting experience for us in the investing community to see that companies really are taking their accounting seriously. An exercise that CEOs seemed to treat as rote and automatic is viewed totally differently.»
Author: Ned Riley
«I think it's wonderful -- the market doesn't want to go down. There are a lot of frustrated buyers out there that are waiting for a much larger correction, but they are being forced to chip away. ... With this market today, you just couldn't get the sellers out in force.»
Author: Ned Riley
«The market is just behaving very nicely. We have given up very little of the rally since March.»
Author: Ned Riley
«I think people are anxiously awaiting the earnings reports, and what these companies have to say about demand for their business in the second half of the year.»
Author: Ned Riley
«The focus point of the market this week is going to be tomorrow. If anything, I'm hoping for neutrality out of the Fed.»
Author: Ned Riley
«We're just beginning to see justification for the market's rise, with the earnings that have already come in. The next test comes tomorrow, with the banks. People will be looking to see if loan demand in the economy has picked up.»
Author: Ned Riley
«I clearly think this is just another manifestation of a recovery that continues to be underestimated by the Wall Street community. Not only Cisco, but the whole tech sector has blown away estimates. I would be truly surprised if the market doesn't have strong futures and a positive start Thursday.»
Author: Ned Riley
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