Companies really have to exceed some high expectations to get rewarded. Those that just meet estimates -- it's just not good enough.
Look, June and July the market basically crashed. Everything got washed out and everything was going to rally after that. So we're seeing a little bounce here -- people shouldn't get too carried away by it.
There was selling for weeks in anticipation of something possibly happening. Just the risk of something happening made people want to lessen their exposure.
There's a lack of desire to do anything. It's not going to be until March that we get a really good idea about what kind of time table were looking at with Iraq.
Right now, investors feel like we're on the cusp of something. Historically, employment's been a lagging indicator. Other areas of the economy point to growth, suggesting that at some point employment is going to pick up.
