Alan Ackerman Quotes on Time (9 Quotes)

We're starting to find that investors in particular are measuring their risks carefully and are not afraid to put their money to work at this time.

I think for the moment the big chains are running like elephants. They tend to be behind the cheetahs and the panthers, ... I think they lumber along, and I think this is not necessarily the time to move. I think the turnaround isn't going to be as routine or orderly as you might expect. I'd want to stay with the strength right now.

It's OK to buy on the dips but it's not OK to commit much money at this time, but we are seeing signs of stability.

With a market as nasty and negative as it is at the moment, there's little room for error. The Nasdaq has contracted very sharply in a short period of time. Its drop in a year is approximately 60 percent, but this is not representative of all companies that are publicly traded.

There is likely to be turbulence ahead. Earnings disappointments are devastating. This is not a time to loosen the safety belts,

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.

Retail investors appear to be slower to commit funds to the market this time, ... The market's momentum and volatility has caused some investors to step aside as the market has worked lower.

Rate hikes bite different sectors of the economy at different rates. For example, one of the key areas that was hit hard and appears to be slowing down is housing. Consumer spending will take some time to slow down, maybe three to six months out. But in any case, what the Fed is targeting is GDP of 5 percent this year and a GDP hopefully next year of closer to 4 to 4-14 percent.

They have bright management, they are cost conscious, they're lowering the costs all the time. They want to be able to survive in between cycles. They're in what would be a very significant well, could be a billion barrel prospect within the next couple of months. My feeling is that the company will do much better as Wall Street gets to know it,