Ralph Acampora
Ralph Acampora
along bumps
I think there are going to be a lot of bumps along the way,
following people puts upside
It's one thing to have a 257-point up day, ... What you really want to see is the following day when you see the upside follow-through, and that's what we're getting, and I think it puts people at ease.
flirting good move number profits took
I think that you are going to be flirting with that number back and forth. I think good traders, on the excitement, probably took some profits and I think that we will vacillate and move a lot higher.
floor longer market next people trying
I'm trying to tell people now that 10,000 is no longer the ceiling. I think it's the floor for the market over the next 5 to 10 years.
advice forecast market powerful raised reason
I raised my forecast to at least 10,000. And the reason is -- the market is so powerful internally It's very impressive. My advice is -- get in!.
terms
In terms of the Dow, that's around 7,400-7,500,
anxiety backing enthusiasm number quite round takes
I think quite often when you get to a round number you have a lot of anxiety. This backing off is healthy. It takes some of the enthusiasm out.
concerned corporate five fund good higher late might mutual next start ten term
If you're a trader, I'd be concerned because you might be too late on some stocks, but if you're an investor, start to participate. And if you can't do it yourself, get a good mutual fund and have a long term view. This country, the stocks, corporate America, are going to go a lot higher over the next five to ten years.
money tons
There has been this realization that there is tons of money on the sidelines.
bull market
What makes a bull market live is rotation, and we have the rotation.