Ralph Acampora
Ralph Acampora
terms
In terms of the Dow, that's around 7,400-7,500,
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.
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!.
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.
along bumps
I think there are going to be a lot of bumps along the way,
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,
bull market
What makes a bull market live is rotation, and we have the rotation.