John Forelli Quotes

We should expect some profit taking. If we hold on to half of the gains (of the last two weeks) we should be happy about that. - John Forelli

We probably will not see much substantive evidence of recovery in the economy or earnings until the fourth quarter. - John Forelli

We need some sort of clear indication from the Fed that the economy is not slowing down and that inflation is not out of control. But it's not likely we are going to get that clarity in the next few months. - John Forelli

We have yet to see any tangible signs of economic recovery and you start to worry whether consumers will be able to hang on until business activity picks up. - John Forelli

We have people worried about earnings. - John Forelli

We are at the point where the economy's improving but company earnings have not yet improved. We are probably not going to hear good things from companies until the second half. - John Forelli

Wall Street tends to see the light switch as on or off... The reality is that we're dealing with a dimmer switch and the lights are slowly coming up. The economy has picked up about as quickly as expected, but the market just isn't reacting to it. - John Forelli

Valuations are still very high in the tech sector so any bad news hurts. - John Forelli

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