Jack Baker
Jack Baker
continue enthusiasm people point underlying wave
I think there is an underlying wave of enthusiasm in the market. The thing that people continue to point to is inflation, but I still do not see it. I don't see a lot of short-term negatives.
continue stocks
Without earnings, price-to-earnings ratios will not keep up and stocks will continue to get sold,
continues market people
As the market continues to go up, people are going to get more bullish.
bay conference continue earnings honestly inflation obviously
I honestly don't see anything in the market's way. Earnings continue to be excellent. Inflation is obviously at bay from Mr. Greenspan's conference yesterday.
bay conference continue earnings honestly inflation obviously
I honestly don't see anything in the market's way, ... Earnings continue to be excellent. Inflation is obviously at bay from Mr. Greenspan's conference yesterday.
again believe bullish continue extremely itself market platform spring sticking ultimately view
I continue to believe that the broadening out of the market itself will ultimately give us a platform to spring to new highs, ... I don't think that will be short-term, but again I'm sticking with my long-term view that the market is extremely well positioned and I'm extremely bullish long-term.
happened
I think it's positive, ... It should have happened a while ago.
market points positive vacation
I think it's very positive that the market was down more than 100 points and has come back, but this is essentially a vacation week,
cuts earlier feeding rate start
I think we are going to have two more rate cuts and the earlier rate cuts are going to start feeding in the market.
economic economy fact fourth leading maybe next people pick quarter year
I think the (report on leading economic indicators) is much more important than people think. Maybe in the fourth quarter of this year and the first quarter of next year, the economy will in fact pick up.
everybody feeling forward fourth investors knows looking people perception quarter though tone
People are feeling better. The perception of investors is that, if Dell and Cisco are correct, even though everybody knows that the fourth quarter is going to be terrible, the thought is this could be the tone of other corporations looking forward to 2002.
chance greenspan market people rally rate receive rise setting
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.
heading hit major russell sit types
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.
below calling clouds falling lows october people possibly start test
There are so many clouds over the market. I don't see any short-term way out of this mess. Some people are calling for not only a test of the October lows, but for possibly falling below the October lows once we start shooting.