Lou Ehrenkrantz
Lou Ehrenkrantz
painful worst
The worst is over but the most painful part is yet to come.
enamored stocks technology
I am not enamored with technology stocks at all right now.
faster happens volatility
The volatility will not end. It will exacerbate. ... Everything in the world happens faster than it used to.
couple driving hope
I hope they don't end up driving cabs in a couple days.
analogy bad baseball company contract earnings eventually might nine pay player stock stop tech whose wind
The analogy is apt, but remember, when a baseball player has a bad year, that contract is renegotiated down very often. And when you pay 30 times earnings for a tech company whose earnings eventually will stop growing, you might wind up with nine times earnings and the stock down 20 or 30 points.
bear entering less market secondary stocks thesis unpopular
My thesis is not we're entering a bear market, we're entering a new kind of market. We're entering a market where the secondary stocks, which have less risks, and unpopular stocks will probably do very well.
accelerate cause correction jump looking lower market markets using
Inescapably, you're going to see lower prices. I think the market is using this to accelerate what it already started, a correction But I don't think you're looking at the Big One. This is not a cause to jump out of a window. Markets do go down.
cap car change eye far looking massive shifting small stocks
It's like a car shifting gears. We're looking at a massive change in the market. Now, as far as my eye can see, you're going to see small cap stocks as the way to go.
ball bounce building couple drop top
When you drop a ball from the top of a building it will bounce a couple of times.
industries looking stocks
You look for undervalued stocks by looking at industries that have been overlooked.