I honestly don't see anything in the market's way, ... Earnings continue to be excellent. Inflation is obviously at bay from Mr. Greenspan's conference yesterday.
More Quotes from Jack Baker:
I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out of the marketplace, people are going to receive the rate rise better. I think the market has a chance to rally after that.Jack Baker
It's more of the same today. How can you step in front of this freight train How can you convince anyone to buy anything There are lower prices ahead and I don't know what's going to turn it.
Jack Baker
If we're held hostage to this stuff on a daily basis, we're never going to get out of this rut, ... I've been very bearish, but I think it's time to start turning the corner a little bit. If you have guts and some staying power, I would put some money to work.
Jack Baker
One day does not make a bull market and I don't think Oracle's going to turn us,
Jack Baker
I still think we're heading higher. The long-term types like me should sit tight. I don't really see any major problems. The only thing I don't like, of course, is still the narrowness of the advance. But, on the other hand, the Russell hit another high.
Jack Baker
And J.P. Morgan, we all know the news there. Stock went down to 18 last week. I mean, J.P. Morgan is not going out of business, ... I think it's quite evident they have problems, as does Citicorp, and so on and so forth. But J.P. Morgan remains our top pick ... especially on the downside.
Jack Baker
Readers Who Like This Quotation Also Like:
The guys have a lot of good cars built up. We're going to do some more testing before we go back to Las Vegas and try to win at Vegas again. We need to get off to a quick start.Sterling Marlin
Even during the worst hardships, when the other things in our lives seem to fall apart, we can still find peace in the eternal love of God.
Armstrong Williams
I want the public to know that it will be an honor for me to meet them and spend a few special moments with all those who helped me through my filmed career.
Tony Curtis