Alan Skrainka
Alan Skrainka
economy electricity gap medicine performance rubber seems sounds stocks
I think the performance gap between the new-economy and old-economy stocks is like a rubber band; it seems to be snapping the other way. The new economy sounds very exciting, but you're still going to need food, medicine and electricity to survive.
hikes imply seems speech
If you read the speech, he seems to imply that those hikes aren't enough.
technology
It's the same story. Technology is hot, and everything else is not.
bottom fear half ibm investors jones market morgan questions sell stay unusual
It's a very unusual day for the Dow Jones because IBM and J.P. Morgan accounted for more than half the drop. We've got a lot of fear in the market place and that's going to continue. We don't know where the bottom is, so just stay the course. There's so much uncertainty and investors have so many questions that they just sell stocks.
cautious saying step
It's a very cautious market. We're saying take a step back from the day-to-day and look at the big picture.
fed prepare
The Fed often overshoots and I think you have to prepare for that outcome.
best buying gradually investor move politics prices step
I think politics are a sideshow right now. We think the best thing an investor can do is step up their buying gradually as prices move lower.
again brakes earnings few focus investors people seat shifting tap volatile
I think it was a very volatile and directionless week. Investors should tap on the brakes a few times and strap on their seat belts. (Last week) was very earnings driven, and now it's shifting and people are going to focus once again on value.
behind fed time
I think this is one time the Fed is behind the curve.