I think the rally has a while to go yet, maybe another few weeks, ... Then it's going to be choked off primarily by a valuation problem that people will not be able to dodge. Buying IBM at 30 times earnings -- that's very hard to do for most investors.
More Quotes from John Bollinger:
Peaks indicated times of intense speculation and troughs indicated times of low interest in the market, when speculation was not high on people's agenda.John Bollinger
The seasonal patterns are very clear and they can be a good guide. 'Sell in May and go away' is generally correct, but not absolutely so.
John Bollinger
It's important to pay attention to the broader market, but, frankly, it hasn't gone anyplace for the past six months and, if you take the longer view, it hasn't gone anyplace for the past six years. But within those years, there were tremendous opportunities within stocks, bonds, electronically traded funds, mutual funds of all sorts, currencies, precious metals and commodities, all of which investors could have taken advantage of.
John Bollinger
We're taking a lot of the people out of the market permanently. We're losing a whole generation of investors.
John Bollinger
Technical analysis works precisely because people look at it. And if people care, I care.
John Bollinger
Readers Who Like This Quotation Also Like:
I see dance being used as communication between body and soul, to express what it too deep to find for words.Ruth St. Denis
But the business side of it, as with most creative things, there is no room for business. It is about art. It's not about marketing.
Warren Cuccurullo
I had beautiful wavy hair and a waxed mustache.
Curly Howard