There's all this emphasis on the next Enron, when that doesn't exist, ... What's more common is a widespread stretching of the standards of accounting, particularly in what companies count as one-time items as opposed to recurring charges.
More Quotes from Brett Gallagher:
I don't think individual investors should be playing this market right now, making bets based on the latest Iraq news. Once the war ends, we've got underlying fundamental issues that will return to focus. The war is not the reason the economy is having trouble. Fundamentals have gotten worse since the beginning of the year and yet the market has gone higher because of the focus on Iraq.Brett Gallagher
Intel says it can't put a number on the value of employee options. But any estimate is closer to the truth than zero.
Brett Gallagher
Everyone has talked about employment being the missing link in the recovery, but as the weekly jobless claims have made clear for some time, employment is moving in the right direction, it's just moving very slowly. At whatever point a substantial recovery in jobs really takes hold, that's probably going to be a difficult time for the stock market.
Brett Gallagher
Some companies have a policy of currency hedging, and you have to factor that into the picture.
Brett Gallagher
There's nothing for investors to latch on to with conviction. We're being tested on both sides. With no clear-cut view that things are getting better, the (economic) recovery keeps getting pushed out.
Brett Gallagher
Investors had to decide this (Monday) morning whether last week's rally was real or just a knee-jerk reaction to the previous week's losses.
Brett Gallagher
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Bad reasoning as well as good reasoning is possible; and this fact is the foundation of the practical side of logic.Charles Sanders Peirce
Audiences are audiences.
Theodore Bikel
I like to dance and sing when there's no one around, but, if I'm out, I'm really shy about it. So it takes a lot to get me going, but I enjoy being around music.
Derek Jeter