Once again, it's anybody's guess next week. It would not surprise me to see people sell on strength, take a little cash off the table and wait for the markets to stabilize.
More Quotes from Alan Ackerman:
It was a livable number, ... It encouraged some bargain hunters to go to work.Alan Ackerman
The market has done well in the last few weeks, ... Generally speaking, the market is a bit overbought. We just have to be patient and let the market give back some of its gains.
Alan Ackerman
There's been no shortage of negative news lately, and this event is likely to further depress the markets,
Alan Ackerman
This is still a time to be reasonably cautious. The durability of rallies leaves lot to be desired. People need to be selective in what they choose to buy, and they need to be more internationally aware than they were before.
Alan Ackerman
The world is looking for lower interest rates. Clearly, the psychology world-wide remains highly nervous.
Alan Ackerman
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