“We expect prices to recover from this trough as investors flock back into the dips although this might occur after another round of profit-taking.”
“If crude prices are near their trough, earnings should start to flatten out and move up.”
Abby Joseph Cohen
“The first quarter should mark the trough in earnings, but judging by the market's negative reaction to recent warnings from the likes of IBM, there's little room for disappointment.”
“I don't think Sears happened as quickly as Lucent, peak to trough. But it's a valid analogy.”
“It's really been a progressive decline with a couple of troughs over the last 20 years.”
“Make no mistake. This is a soft landing. Typically, peak-to-trough declines amount to 50 percent.”
“This should preclude valuations from retesting previous troughs of this year, making the stocks very attractive following the pullback of the past week.”
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