confusion by the day tells you plenty about why so many people don t believe in the recent rally. the confusion is a direct result of the tremendous mixed signals out there. mixed signals, they re frankly, i ve got to tell you, pretty unfathomable. i want to talkbout them because they explain better than anything else. we ve been rallying on the hope that things will get better. and believe me, if they don t get better soon, we will not be able to sustain this advance forever. i m not calling for a pullback of epic proportions. i m simply warning you that something good has to happen to justify these prices, and it needs to happen sooner rather than later. think about it. sure, we ve had positive jobless claim numbers for the last few weeks. i like that. last night we got some economic growth numbers, or at least economic numbers from greece, and they showed the greek economy only contracted at a 6.2% rate. state of the mind is 7% rate, people are anticipating. hey, better th
believe in the recent rally. the confusion is a direct result of the tremendous mixed signals out there that frankly are pretty unfathomable. tonight i want to talk about them because they explain why so many people are mystified and keep missing or poo-pooing the movement. we have been rallying on the hope things will get better. if they don t get better soon we can t sustain the advance forever. i m not calling for a pull-back. but something good has to happen to justify the prices. it needs to happen sooner rather than later. think about it. sure, we have had positive jobless claim numbers for the past few weeks. i like that. last night we got economic growth numbers or economic numbers from greece. they showed the greek economy contracted only at a 6.2% rate instead of minus 7% people anticipated. better than expected. we had decent earnings as most reports we have from the quarter exceeded expectations. the reason it stays stealthy has to do with the fact the traditional
tonight i want to talk about them because they explain why so many people are mystified and keep missing or poo-pooing the movement. we have been rallying on the hope things will get better. if they don t get better soon we can t sustain the advance forever. i m not calling for a pull-back. but something good has to happen to justify the prices. it needs to happen sooner rather than later. think about it. sure, we have had positive jobless claim numbers for the past few weeks. i like that. last night we got economic growth numbers or economic numbers from greece. they showed the greek economy contracted only at a 6.2% rate instead of minus 7% people anticipated. better than expected. we had decent earnings as most reports we have from the quarter exceeded expectations. the reason it stays stealthy has to do with the fact the traditional indicators are looking not just bad but horrendous. this is what people talk about when you get off the desk and talk to executives. first, t
but the confusion in the market by the day shows you plenty about why so many people don t believe in the recent rally. the confusion is a direct result of the tremendous mixed signals out there that frankly are pretty unfathomable. tonight i want to talk about them because they explain why so many people are mystified and keep missing or poo-pooing the movement. we have been rallying on the hope things will get better. if they don t get better soon we can t sustain thedvance forever. i m not calling for a pull-back. but something good has to happen to justify the prices. it needs to happen sooner rather than later. think about it. sure, we have had positive jobless claim numbers for the past few weeks. i like that. last night we got economic growth numbers or economic numbers from greece. they showed the greek economy contracted only at a 6.2% rate instead of minus 7% people anticipated. better than expected. we had decent earnings as most reports we have from the quarter ex
nasdaq flying high, 2.24%. what do we have to look forward to next week? so much positivity and optimism in the air for once, what the heck is going to be our game plan? for starters, i m looking out for more easing this weekend from china. [ rim shot ] greater clarity on the agreement of all nations of europe to bolster the euro, along with the ailing sovereign bond markets. the head of the european central bank said he would save the euro and stop buying yields from poor countries from spiking using any means necessary. and the move will continue until the squabbling begins in and the year of good feeling ends. we do get to make some money in the interim. how about the earnings front? all right. let s take a look. i like this company very much. for starters, monday, going to hear from anadarko after the close, great independent oil growth story and totally stalled. natural gas done going down, kept hearing that chatter? anadarko said the things, the best place could be apac