Peter Cardillo Stance Quotations

Obviously, the market was disappointed in Apple and AMD; and you also have to realize that Mr. Greenspan has been reiterating his stance on inflation and the need to stay ahead of the inflation curve,

We didn't see any major change out of France or Germany. While the reaction to Mr. Powell's speech at the United Nations obviously was positive, I think when people realized that Germany was not changing its stance and France wasn't softening too much, it was back to worries of uncertainty.

We didn't see any major change out of France or Germany, ... While the reaction to Mr. Powell's speech at the United Nations obviously was positive, I think when people realized that Germany was not changing its stance and France wasn't softening too much, it was back to worries of uncertainty.

I think volume is going to pick up to begin with and that the markets probably, by end of this week, are going to begin to get out of that resistance level, both the Nasdaq and Dow. And I think we're probably going to test the old highs by the end of year. Leadership, I think, will come from technology and telecommunications stocks. The economy is headed for a soft landing. All the fundamentals remain in place. And, last but not the least, there's been a tremendous amount of build up in cash reserves. That money is going to be put to use.