I think we could see the Dow close at 11,000 and the SP close at 1,300. We could get some bad news but based on what I know right now, I think those are reasonable levels to attain.
More Quotes from Al Goldman:
It was a surprise although we thought it was a 50-50 chance the Fed would cut before the January meeting. The Fed made a dramatic move today and it was needed. The Fed is now our friend.Al Goldman
And the Fed is in business for one reason only, and that is to try and control inflation.
Al Goldman
The productivity number came in better than expected and there were fewer jobless claims than forecast.
Al Goldman
We sense that the sell-off is behind us and the market has the preconditions in place for a pretty good year-end rally. It's not going to be fabulous because we've already done an awful lot since Sept. 11.
Al Goldman
Anyone who isn't worried about an attack on our homeland just doesn't have a pulse.
Al Goldman
The big change in this market the last month or so has been a mood shift from 'the glass is half empty' to 'the glass is half full', and that's why we've had a good rally and a very modest time-out to catch our breath.
Al Goldman
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Paul Krugman
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Stone Gossard
I'd like to talk about free markets. Information in the computer age is the last genuine free market left on earth except those free markets where indigenous people are still surviving. And that's basically becoming limited.
Russell Means