“Make no mistake. This is a soft landing. Typically, peak-to-trough declines amount to 50 percent.”
“I don't think Sears happened as quickly as Lucent, peak to trough. But it's a valid analogy.”
“This should preclude valuations from retesting previous troughs of this year, making the stocks very attractive following the pullback of the past week.”
“It's really been a progressive decline with a couple of troughs over the last 20 years.”
“We still think a trough should be reached in the first quarter but to be sure we get a recovery, we should see expectations improving in January or February at the latest.”
“Lastly, his tomb shall list and founder in the troughs of grass. And none shall speak his name.”
“If I'm ringing it like a dinner bell, you've got both feet in the trough, because you have raised five times more money in Washington than I have,”
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