John Davidson Quotations

The ongoing issues are the strength of the economy and whether or not the pace of the recovery is in fact slowing down. One of the important things this week will be to see the extent of the damage.

What they say may have an impact tomorrow, but the dominant topic on investors' minds right now starts with an 'I' and it's not Intel. Both businesses and consumers are hesitant to make any moves until there's progress on Iraq.

What's limiting us on the upside is the double-digit gains we saw in 2003. What limits us to the downside is that the economy continues to strengthen, although concerns about the job market persist.

With Vice President Cheney saying we need 38,000 more miles, in addition to repairing existing ones, that Key Energy group is a key player there,

With thirty bob a week to keep a bride / He fell in love and married in his teens: / At thirty bob he stuck; but he knows it isn't luck: / He knows the seas are deeper than tureens.

Some companies have beat, ... but earnings estimates have been lowered and comparisons are easy on a year-over-year basis, because last year was weak.

Maybe the market is looking for a stronger economic team. O'Neill has not been embraced by the Street and someone with stronger ties might make them happier.

Obviously people are focusing on the FOMC announcement, ... Up until last week I was ready to flip over to 50 basis points (a half percentage point) but we've had some economic news that's been pretty good.

P.G. is fermented and held exclusively in stainless steel to maximize the brightness and freshness. It's a six-month wine from start to finish.

I don't know why people are so surprised by my live performances. My approach is so simple; every song I sing, every story I tell, every move I make, must move the audience to laughter, tears or inspiration. Otherwise, why should I do it?

I'd bet my life he never made a bet on sports. . . . When we traveled, guys were playing cards on the plane. He never did. He just doesn't do it.

I believe this will still prove to be true, but there's fear that if the economic recovery is slowing, stocks may not catch up as soon.

Bush needs pretty quickly to turn this economy around. If we languish for the next two years, it'll be the last two years of Bush's presidency.

Building the infrastructure with no revenue coming in has been difficult for companies. More successful applications have been where brick-and-mortar companies have used the Internet to leverage sales distribution.

If stocks keep deteriorating and the Fed were to cut rates in a coordinated response with the Bank of England, you could see some short-term positive response,

he says. ''And because I was shy, theater was a way to get out of myself and free myself. It was a fantasy, and I guess the fantasy became reality.

He has tried to protect his wife. If people want to ridicule him for that, so be it.

He may say something to the effect that the economy remains strong and that they will continue to raise rates.

We've gone beyond the economics, the valuation, and we're trading on momentum and a lot of fear.

To get a real turnaround you need to have a turnaround in earnings. The jobless claims number today probably keeps (Fed Chairman Alan) Greenspan on task in terms of lowering rates.

What we've seen has really been priced into the market. At this point we need to see evidence of rising spending on capital and businesses hiring employees.

He's always given of his time. He's always tried to do the right thing. Going to Italy, I think this thing may become a big story over there if people want to make it a big story. Otherwise, it shouldn't.

He knows how to handle people. He's a generous guy. He knows how to treat all levels of players whether they're the stars or the fourth-line winger or the scrapper, or whatever. He makes everybody feel important.

He knows how to handle people. He's a generous guy, ... He knows how to treat all levels of players whether they're the stars or the fourth-line winger or the scrapper, or whatever. He makes everybody feel important.

Greenspan talked very little about the current state of the economy and was really admonishing lawmakers, and he made it very clear that there will be no interest-rate cut announced after the meeting on Sept. 24. I think this may have disappointed some investors hoping for a rate cut or something more aggressive to help stocks.

There are some worries about will the earnings this year support the 2-1/2 year highs that the indexes have recently reached, particularly in an environment where interest rates will be rising.

I suspect people have started to recalculate their positions going into the jobs report and they don't want to be short -- they want to be fully invested. If the numbers really follow what we've seen for the initial jobless claims, it could be positive for the market.

I think investors need to invest. I think the risk of being out of the market and missing the upturn is important. As we go down the road, I think we're going to get further increases. I don't think you should be investing next week's rent check. But I think your long term investment is going to really grow in the market and technology will lead that.

I think in the near term, over this summer, the market is likely to stay in this range. There's a lot going on right now.

I think it's good even to stay invested. We tend to like technology. But if you like technology, you're going to have lots of volatility because that sector is much more volatile than the other sectors. If you don't like the volatility, then it's good probably to balance that with something else, some other sector.

It is a certificate company. They really give you part of the security for the Internet and the certification is really an important part in the security. I think as you go forward and do more commerce on the Internet they'll continue to be very strong.

I think the market is waffling at this point, ... Yesterday, everybody heard what they wanted from Greenspan's speech and you saw a big run up. I think that today there's a little bit of exhaustion from that.

I think the most significant report for the whole week is the retail sales number tomorrow. You saw the bond market react today in expectation of a strong retail sales report, and I think people will be focused on that tomorrow.

I think the HP earnings had the market set off earlier this morning. I think the market generally has a positive tone in respect to the economic indicators and the hope for the future.

I think the HP earnings had the market set off earlier this morning, ... I think the market generally has a positive tone in respect to the economic indicators and the hope for the future.

I think the overall trend remains positive, but we are sort of in limbo right now.

I think the fourth quarter will be positive on earnings.

I think the big number will be Friday,

I think that the home sales and consumer confidence reflect continued strength in housing.

I think we'll close the year in positive territory. But in the next few weeks you're going to see the market in a continued struggle back and forth with people trying to determine whether we have a full economic recovery, even with the labor market struggling.

I think we have continued volatility until we really see signs of growth in the economy slowing. When we see the economy slowing, I think that people will be more comfortable with the fact that maybe Greenspan is not going to have to continue to raise rates, then I think the market can move ahead.

I think that overall we are in for a pretty good earnings quarter, and that may be a positive for stocks.

I think we will have a positive year.

I think what's going to be key going forward will be the tradeoff (in the economic news) between the statistics on employment and statistics on inflation.

I think what you're seeing today and over the past week is a good indicator of where the market is right now and will likely be through the end of the year.

I think Bush's comments are having an impact as there are a lot of questions about how and when and who should deal with Iraq. But in the short term, the jobless claims and the comments from Greenspan have a bigger impact.

I think that's a psychological level more than anything else, but what's key is that the jobless claims are climbing.

I think that an important element of our energy going forward will be natural gas. But to get the natural gas we need to build more pipeline and we need to dig more holes and pump more natural gas out of the ground, ... As a result, we like natural gas. Key Energy will make the pipelines. It will repair the existing pipelines and keep them maintained. We think that is a good play in this area.

I think we're in a good earnings season. So far, of the S&P 500, 139 companies have reported. Over 60 percent have been upward surprises, only 8 percent of them have really been negative surprises. So we're in a strong earnings season. That's good for the stock market, ... I think the market's in a trading range right now. I don't think it's going straight up from here. I don't think necessarily we're going to get a big summer rally, but maybe a positive tone to the market.

I think there's also bound to be a lot of hesitation until the election is over,

Largely people are taking a look at historic information. They're looking at earnings and job cuts, and people are concerned. I think we're going to grind it out until earnings come back.

Our special favorite, however, is IKOS, ... because it is coming out with a drug that will be similar to Viagra.

Physical activity can get you going when you are immobilized. Get action in your life, and don't just talk about it. Get into the arena!

People I know purchased the St. Louis Blues. It's a purchase in principle. They don't own the team yet. The sale has to be ratified by the league. For me to speculate what I might do with the St. Louis Blues, well, they don't even own the team yet. I don't have anything to tell anybody.

Some of that risk has been taken off the table. That can be seen in the falling price of oil and a rise in equities.

Literally, the only word that changed was the word 'earlier' before energy prices.

I still like Maverick Tube, which is the largest provider of tubular product to that industry,

I think people are looking beyond the unemployment report and into the future, ... The current economic environment is certainly weak, but maybe there's the assumption that it will get better.

I think I'm probably in the minority that thinks that Greenspan may raise rates on Tuesday. I think the real case is a fact that the labor market is really tight and commodity prices have really increased.

The assassination of his character, to me, is absolutely ludicrous. There's no question in my mind, if there's a person in the world of hockey that deserves the benefit of the doubt in a situation such as this, it's Wayne Gretzky.

That's what high school sports are all about -- you want your guys to be in a situation where they can remember those last-second victories. It's kind of like hitting a home run in the bottom of the ninth. You live for those moments.

We can't do it in the 45-day window,

Yeah, it was a good time, big boy.

We agree that technology is probably the greatest area of growth both in biotechnology and information technology, but I think people need to balance that to dampen the volatility, and one of the areas to look at is in the natural resources area.

We'll do our best to show how great the game is.

The payrolls report would typically be the week's big event, but I think people are having a hard time with the report, because forecasts are all over the place due to confusion about the impact of the hurricanes.

We had a pretty strong run up in anticipation of the earnings season. But because of that run, if any company reports declining results or results that are less than what was expected, you're going to see a strong reaction.

When you're picked 30th and you've done this, there's something special. No question, everything's changed here, that was the biggest, single thing that had to happen in a short period of time. I thought it would take some time because you had to develop from within. They're doing that along with the people they brought in.

When you're on the wrong side of the ledger column like that, it's just fate. It's unexplainable.

Where does the bond guy put his money now? ... Stocks can absorb inflation more readily than bonds, because you can come through with better pricing power and stronger earnings.

Tomorrow is probably one of the more important economic release days. My guess is that as the market started moving up today, people do not want to be short going into those numbers.

When the pods went pop on the broom, green broom.

We like Sun. It's another gorilla in the space. And I think Sun has been very affective in moving to other areas including storage, which I think is one of the themes that we have in our technology fund.

We're nearing the end of the earnings period, we've already heard from the Fed, and there aren't a lot of big surprises out there for the rest of the month.

The PPI numbers look pretty good. I think the important thing to look at is when this thing turns around, and I don't know that we yet have a clear picture that we definitely are in a slowdown mode, although there are some signs that we have slowed down, which sectors are likely to do well. And I think the important thing, if you look past the last two weeks, is that there is really a resurgence of the leadership of technology and biotechnology.

When you finish a game 0-0 and you go to a shootout, it's just no fun, whether you win or lose. It's more fun when you win, don't get me wrong.

When I went to Broadway in the mid-sixties, everybody was trying to emulate Al Pacino and Robert De Niro and here I was kind of the wholesome 'All-American Boy' from the mid-west with the big toothy smile; so I kind of stood out - a rare kind of a thing for that kind of venue.

Expectations were for improvements in the economic news, but the reports today have surpassed those expectations, so you have investors finding more encouragement than they did in the reports released in mid-to-late November.

We had a run on the gold last year, late last year, and I think there may be some short-term plays there,

We've had the same Fed chairman for so many years that we have a standard. He represents an unknown, to an extent.

This week they're worried more about the earnings warnings. The lack of the upward drive has allowed the stocks to drift lower.

This was certainly a surprise. It's definitely spooked stocks and raised worries about whether consumer spending, which is responsible for around two-thirds of the economy, is going to slow down, and how that will impact the recovery.

This was certainly a surprise, ... It's definitely spooked stocks and raised worries about whether consumer spending, which is responsible for around two-thirds of the economy, is going to slow down, and how that will impact the recovery.

What people have to see are actions being taken. Words are part of it, and setting the tone and speaking out are part of it, ... But people need to see that the judicial branch goes after people who have done wrong and will able to punish them, and that the legislative branch makes changes in the laws, if deemed necessary.

What was most interesting about today was the movement in the bond market.

What can you say -- you got somebody pointing a gun at you. I'd be terrified, too. Thank God he's all right.

You look at every series on both sides, this is great. I don't see a series that's going to be four-and-out.

This will showcase contemporary Scottish design talent in an accessible way.

Even just a month ago, prior to the release of the March payrolls number, there were some investors betting that rates wouldn't rise until early next year. Now, after two months of higher payrolls, it seems likely rates are set to rise, and so there's a certain throwing in of the towel for some investors.

Don't forget about the Gretzky factor, ... Don't underestimate him. He may take this team and give them a heck of a chance to get in. He'll bring something to the table that will make players give that extra effort that may win them a few games. He thinks way ahead of most people.

CPI and PPI next week could be a little light, so that might get some attention,

Energy's off a little bit today, but it doesn't mean that energy is going back down. We're starting into an earnings season and earnings will start to have an effect.

Earnings have been strong and will continue to be strong, but there's a worry that rising rates will mean the multiple on the earnings will be less.

I've talked about Key Energy Group for a while, and Capstone is one of the companies that's building these micro turbines that I think actually just reported last week and had a more negative number than expected because they've ramped up some of their production, As a result, that hit their expense line, ... But I think that's a good idea going forward.

Salaries are going to come down. I'm hearing the players have already offered a 5 percent give-back, so that's the starting point for negotiations.

Often people don't really have an awareness of these really successful Scots. One of the ideas behind the award show was to throw a bit of a focus on Scots who have had stellar careers.

Despite the decline, the ISM report was very positive, and what you can take away from it is that the economy is continuing to expand. The question for 2004 is whether that continued expansion has already been reflected in the 25 percent returns you saw in stocks last year.

You've seen how OPEC has had some discipline, and that's helped to support the price of oil, and maybe the gold players are seeing that if they use some discipline as well that that may also affect the gold price and their business.

This is a game that primarily was about defense and goaltending over the last decade, but I think that's about to change, ... In the exhibition games I've watched, the pace of the game is much, much, much quicker.

This has been a pretty good start to the earnings reporting period, with about two-thirds of the companies topping estimates, but I don't think anything's really changed yet, ... Greenspan suggested that we may be on the verge of a growth period, which would be significant for earnings, because mostly what you're seeing now are companies showing improvements on cost-cutting, rather than real growth.