Peter Greene Time Quotations

People have been talking for some time about large-cap stocks, and that's where the money is going today. They want to be in more secure companies that are going to benefit from global expansion.

It's pretty mixed today (Friday) with light volume. The warning from Honeywell is very discouraging, as is the sentiment number, but then the retail sales number was fine, so that may be giving us a little buoyancy. We're also still worrying about Iraq.

The sentiment is changing. Airlines are bottoming, the 10-year note yield has bottomed, making it more attractive to be in stocks, and people are feeling more comfortable,

Any time you can expand your brand portfolio, it creates a lot of opportunity at different channels of distribution, at different price points to attract consumers.

The new entrants into the major-appliance business are making this probably the most exciting time in major appliances in the 13 years that I've been watching it,

It's testing the October 1998 low. So at this particular time it looks quite bullish to me in the long-term perspective,