Chuck Hill Quotations

The critical question isn't are we having a lot of negative pre-announcements, but are we having more or less than normal.

Well, it's still the beginning of the so-called confession season, but it is a little disturbing in that we're running somewhat higher than the normal number of pre-announcements that we would expect this early. And we're running a little bit more negative than we normally do at this early stage.

I think we'll see more announcements like these.

I think we'll probably end up somewhere around negative 4 or negative 5 percent. Some will probably beat expectations, but not many. Down earnings is definitely in the cards, and the prospects of maybe even down earnings further in the fourth quarter.

We know the market always gets excited when we beat the numbers.

On the earnings front, there's not much on the positive side. ...The fourth quarter is going to be a disaster.

The rebound in the technology shares since September 21 has been huge. I think the valuations are too high again. I don't think people learned their lessons with the correction we had.

It puts you in a precarious spot where you have to worry about further losses pushing you into situation where you wouldn't meet the debt covenants.

There are obviously signs the economy is slowing but it's not showing up yet in earnings, and probably won't in the third quarter.

I think they'll (the Fed) move at the meeting but I think the market is grasping at any straws you can twist into an optimistic story.