Quote #4
Until earnings and forecasts start turning around, we are going to stay stuck in this tight trading range. There is no incentive for buyers to get back in the market.
More from Jack Baker
- It's like a vicious cycle. How the hell could you turn around and be a buyer with all of this stuff going on?
- 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 d…
- There's going to be nervousness for the next few weeks. From an historical perspective, September tends to be one of the worst months. In a…
- People seem to be coming to the realization that the economy might, in fact, pick up in the second half. I don't see any negatives in the n…
- The political situation starts to cool a little, but then we get the Ashcroft news and the market freaks out.
- In the financial sector, which is one of our biggest areas, in the regional banks, the large money center regional banks, Wells Fargo is st…
- I think we're getting close to capitulation.
- 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 …