Peter Cardillo Simply Quotations

If the Asian crisis deepens, that simply means that corporate profits are going to suffer.

We need some sort of correction. And I think it can come very quick and fast, and then the market will continue to do well simply because the economy continues to do well.

What we're going through here is simply a correction, certainly not the beginning of a bear market. Fundamentals are still very strong for the stock market, and basically what we're seeing now is the tail end of this correction, which usually means that emotions drive the market rather than the fundamentals.

An undecided consumer simply means that he may soon begin to pull in his spending habits. Two-thirds of the economy is being supported by the consumer.