Ralph Acampora
Ralph Acampora
ahead bit bottom created decline far good groups hopefully identify investment july large months news past perspective picking quite search september several start stocks term time weeks
The good news about the market's July to September 1998 decline is that so far it has created quite a bit of value, especially in the large capitalization area. It is now time for those who have a long term perspective to start picking through the rubble of the past several months and identify those groups and stocks that hopefully will bottom out in the weeks ahead and will become new investment vehicles. Start your search now.
higher last nervous
Everybody's nervous (about a correction), but this is going to last a while. We'll go a lot higher between now and the end of the year.
additional attempt backing bottom cannot currently early filling market meaningful necessary price rule setbacks stage taking time
At this very early stage of an attempt to put in important lows, we cannot rule out additional setbacks and volatility. Normally, time and price stabilization are necessary for the market to put in a meaningful bottom - the backing and filling that is currently taking place is part of this process.
change good news sentiment
Sentiment can change overnight. Good news is good news again.
blue exactly small sorts
The thing that really impresses me the most is that this market's broadening out. You have not only blue chips, you have small and mid-cap names. You have all sorts of industries. This is exactly what you want.
bull early last market months stages
the bull market is only 3 months old. . . . We're in the early stages of something that's going to last a long, long time.
beautiful driving impressive narrow quality stocks
The thing that's very, very impressive is the quality of the stocks that are driving this. It's a very narrow list, but a very beautiful list.
great september
It's been a great month. I think September will be fine.
beautiful last
This is beautiful and it's going to last a long time.
money tons
There has been this realization that there is tons of money on the sidelines.
benefit carry doubt market strength
We give the market the benefit of the doubt that the near-term strength will carry through to the upside,
decline expect fear higher interest june market people personally rates until
Unfortunately, what has precipitated this decline is a real fear of interest rates rising. Personally and professionally, I think interest rates go a little higher than most people expect and until that happens, until we see the end of that fear, I think the market between now and the end of June is going to be very, very nervous.
critical employment report
Tomorrow's employment report is critical for the market,
bull market
What makes a bull market live is rotation, and we have the rotation.