8 Jack Baker Quotes on Market

Jack Baker quotes on market

1. The political situation starts to cool a little, but then we get the Ashcroft news and the market freaks out.

2. 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 addition, you have a lot of people moving off to the sidelines ahead of September 11.

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.

5. 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.

8. I think we're getting close to capitulation.

9. 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.

10. I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two.

13. I'm not really happy with the volatility. What I am happy with is the market's ability to rally after these sharp declines.