Jack Baker
Jack Baker
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.
front level next surprised three
Who's going to get in front of these guys? I wouldn't be surprised to see the Dow back up at the 10,000 level in the next three months.
concerned couple economy next people quarters slowing trouble until
I'm a little concerned about the next couple of quarters because the economy is slowing up more than most people think. It could be trouble ahead, but probably not until the end of the year.
ahead few historical moving next people perspective september sidelines tends worst
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.
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.
again balance definitely earnings fourth interest maybe might next quarter rates sometime struggle third year
Definitely third quarter earnings should be good, fourth quarter might be a little more of a struggle but again everything is relative. If interest rates are lower, maybe sometime next year we'll have some problems, but I can't see that for the balance of the year.
few next
It's very constructive, very positive. At least for the next few days, things could be good.
everybody forgotten looking next nobody past
This is indiscriminate selling. It has nothing to do with fundamentals. Everybody has forgotten about the long term; nobody is even looking past next week.
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.
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.
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.