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Letter "R" » Richard Cripps Quotes
«There is a lack of buyer conviction. The whole dynamic of the Nasdaq rise and correction is, in a broader sense, an inflection point. But investors just view it as weakness.»
Author: Richard Cripps
«Clearly there's some issues over earnings this quarter.»
Author: Richard Cripps
«But I think that the global picture in 1995 was a little bit more murky than it is today. Economy was slower than today. As we look at the world scene it is actually quite good. A lot of foreign economies are expected to grow a little bit faster than the U.S. economy this year. So that is a major difference. And again it probably keeps the Fed from decreasing or cutting interest rates anytime soon.»
Author: Richard Cripps
«You've lost your earnings catalyst so we're moving away from the second quarter. With the economy moderating you're looking at earnings estimates that are too high and have to come down.»
Author: Richard Cripps
«I think it's more a result of a fear of buyers being left behind.»
Author: Richard Cripps
«Analysts generally can talk to companies during the first two weeks of the last month of the quarter so what we'll be looking at is the beginning of the earnings pre-announcements or commentary for the third quarter.»
Author: Richard Cripps
«We have good optimism out there and that's always the time to think about what dark clouds are out there.»
Author: Richard Cripps
«What this does is it keeps buyers away. It's a lack of buyers. And they would prefer some certainty.»
Author: Richard Cripps
«I think you are near (capitulation) at the moment and you are getting close to the bottom. Technology stocks are driven on the expectation and we're in a period now where expectations are being lowered. What you'll have happen is stocks will react to the fact that expectations are too low.»
Author: Richard Cripps
«I'm looking for technology to bottom here.»
Author: Richard Cripps
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