The market has done a good job of ignoring signs we have bottomed, ... That's more a ghost of the bear market than any disbelief in the numbers. A dog that's mistreated doesn't trust a hand extended in kindness. This will change.
More Quotes from Al Goldman:
A number of the high tech names are getting smacked real good. It was already a market where investors were nervous already. With the darlings getting hit, that raises the anxiety level.Al Goldman
The main impetus behind the selling was the employment figures. Even though we created 193,000 new jobs, which was less than consensus, the unemployment rate falling to 4.7 points out that the labor market is very tight and this has conjured up concern the Fed may not stop at 4.75 on Fed funds but maybe it will go up to 5.
Al Goldman
After four days of selling, a giveback of about half of the gains of the first seven days of the new year and a big increase in gloom, we look for a rally attempt.
Al Goldman
Wall Street likes it when Uncle Sam stands tall. Wall Street likes a little war when we're in the right. It makes us feel good about our country and ourselves.
Al Goldman
Fluctuation is normal after a run-up. The economic news is not good and it's not going to be good for a while, but we are in recovery mode.
Al Goldman
When bull markets and economies start putting on some age, the bigger-name defensive growth stocks get more attention.
Al Goldman
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Based on Topics: Change Quotes, Compassion Quotes, Dogs Quotes, Ghost QuotesBetween stimulus and response there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom.
Viktor E. Frankl
These men ask for just the same thing, fairness, and fairness only. This, so far as in my power, they, and all others, shall have.
Abraham Lincoln
I'm kind of like a samurai. They say if you want to be a samurai, you can't be afraid of dying, and as soon as you flinch, you get your head cut off. I'm not afraid of losing this business.
Yvon Chouinard