William Mattison Lets Quotations

People are cautious. What hopefully happens is that the market corrects ... takes its time and lets earnings catch up to stock prices. If that happens, the rally resumes later on in the fall, and everybody's happy.

People are cautious. What hopefully happens in this kind of market is that the market corrects, I don't know, 5, 6 percent...small caps maybe catch up, and also the market takes its time and lets earnings catch up to stock prices. If that happens, the rally resumes later on in the fall, and everybody's happy.