Charles Pradilla
Charles Pradilla
asia correction last problem raising tremendous until week
I think we are in a correction that was way overdue. There has been tremendous complacency by strategists about the Asia problem and even up until last week everyone was raising their targets. The Asia problem is real.
actions feeling
I think there's a feeling that the Fed's actions are going to work. So it's not if, it's when.
enron market struggling
I think the market is struggling from the Enron affair.
finally given ground perfection shown starting stocks time
We are finally starting to come to those stocks that haven't given up ground yet. This is the first time that these stocks that are priced for perfection have shown some imperfections.
fed opinion
More and more strategists are of the opinion that the Fed may be completely through.
clearer companies money until upside
We're not going to see a significant upside until we get a clearer sense of how companies make their money and how it is accounted for.
lows test whether
We've had a real rally. Whether we go back and test the lows again, that's really the question.
area both care commercial companies dead defense fiber knocking leaders looking particular represent taken three wireless
Boeing is a turnaround. They've taken care of a lot of glitches and now both the commercial and defense area is looking awfully good. Nortel is just knocking them dead in both wireless and fiber optics. They are both very important areas. And all three companies represent leaders in their particular industries.
both economy economy-and-economics profits
Both the economy and profits are going to turn.
capital healing high lengthy mediocre needed period recovery
With scandal-ridden capital markets, a mediocre recovery and still high valuations, a lengthy bottoming and healing period is needed before we get a substantial upturn in equities.
bursts good news tech
There are these little bursts of good news in the tech area.
amazon best entire estimates franchise hurts meeting perhaps sector tech trouble
Amazon has perhaps the best franchise in the sector and they are having trouble meeting revenues estimates ... and that hurts the entire tech sector.
america anybody aol horizon internet million online pay pick sure
Anybody with a long horizon has to be in the Internet one way or the other. The one they would pick which I would reiterate is America Online ( AOL ). It is a real company, It has real earnings, it sure ain't cheap, but I think that 21 million subscribers will pay off down the road.
couple healing process
We are in a healing process which will take a couple of months.