Jack Baker
Jack Baker
favorable flow funds next stock week
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.
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.
few next
It's very constructive, very positive. At least for the next few days, things could be good.
bullish coming firmly numbers
As long as the numbers keep coming in as expected, I'll still be firmly planted in the bullish camp.
graduated income initiation supported vote women
In that time, Sibley didn't mince words. He supported the right to vote for women and the initiation of a graduated income tax. He was not going to be told what to think.
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.
evident last morgan news pick quite remains stock top
And J.P. Morgan, we all know the news there. Stock went down to $18 last week. I mean, J.P. Morgan is not going out of business, ... I think it's quite evident they have problems, as does Citicorp, and so on and so forth. But J.P. Morgan remains our top pick ... especially on the downside.
happened
I think it's positive, ... It should have happened a while ago.
coming economy near negatives people pick second seem term
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 near term to derail this market.
backed believed business cleveland congress farmers gold hurt president small stand support
Cleveland backed the gold standard, which detractors believed hurt the farmers and small business owners. Sibley did not support that...(and) had the wherewithal to stand up in Congress and tell the president he was wrong.
dictates headline market slow
Every headline minute-to-minute dictates what the market is going to do. I think there are going to be more torturous, slow days.
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.
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picking start
If you are not in the stock, I'd start picking away at it.