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.
More Quotes from Alan Ackerman:
Investors are likely to say, 'Aha Merrill tried to pull the wool over our eyes,' ... It will make them even more suspicious and cautious.Alan Ackerman
People are concerned about higher interest rates ahead and they think the best way to protect themselves is to own growth stocks that may not be as hurt by higher rates,
Alan Ackerman
I think that the wide swings in the market created a lot of pain. We have a lot of walking wounded among portfolio holders, ... And many institutional types decided to purge problem stocks from their portfolios as a result of the drop we saw earlier in the week. We're really in a week this week that could go in either direction, and again those four variables, the four E's, could affect that.
Alan Ackerman
You've got bargain hunting among the blue chips on the promise that the U. S. may be able to contain the violence in the Middle East,
Alan Ackerman
We're still early in the game. I think what we saw was a rally that we've seen before over the last few years. We've had big one-day rallies that didn't really show any sustainability -- so my hope is that the market will hold here.
Alan Ackerman
Higher energy costs will clearly affect individuals and businesses alike, ... It is in fact an invisible tax that the economy could well do without.
Alan Ackerman
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Based on Topics: Speaking QuotesLet's be very clear, if you check the F.E.C. records you will see I am supporting George W. Bush.
Roger Stone
I much prefer a compliment, even if insincere, to sincere criticism.
Titus Maccius Plautus
According to Johnny Carson, I was the guy who Marlon sent out to do all the dirty work.
Jim Fowler