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Donald Selkin Quotes
«No one wants these old-time stocks. People realize the only way to make money is with these new-era (technology) stocks.»
Author: Donald Selkin
«This is where the earnings growth is. This is where people perceive the opportunities are to make money.»
Author: Donald Selkin
«If you're in a traditional balanced fund or a traditional basket of old-line stocks, you're losing money.»
Author: Donald Selkin
«The earnings have been tremendous. We are going to see a shift back to 'new economy' stocks because they are less rate sensitive.»
Author: Donald Selkin
«I think the best we could hope for now is the market kind of fits in and starts to try to build a good base here, go up a little, pull back. And then hopefully as we get closer to the end of the second quarter, the earnings prospects, if they are better, should provide us a base to perhaps do a little better later in the year.»
Author: Donald Selkin
«The number today struck me as neutral. More stocks are up than down, and that's the ultimate test.»
Author: Donald Selkin
«There seems to be a little bit of shifting into some of the beaten-down cyclical stocks. They are rallying off of oversold conditions.»
Author: Donald Selkin
«The market will be very volatile and uncertain. The moves are random and there's no consistency in the markets.»
Author: Donald Selkin
«Maybe Exxon will go up a little bit today because they beat the earnings; but remember, the stock has dropped 7 points in the last couple of weeks. So I would say this is really not a very dynamic investment. People like it and get a little dividend. You are really wasting your time with these stocks because you invest money in them and in two years, you have the same price as you had from the time you invested. So you really, in a sense, lose money by owning these stocks.»
Author: Donald Selkin
«Some of the blue chip tech stocks, especially the Internet stocks, as we all know, have really taken it on the chin this year. So if you want to play the technology sector, you should stay with the ones that did not make warnings going forward, as did the Amazon or Nokia, so stay with those.»
Author: Donald Selkin