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Douglas Altabef Quotes

«I think as the year goes on there is going to be more conviction about an economic recovery. I think the market's sort of sideways with an upside bias at least for the next couple of months. I think we'll have a nice fourth quarter.»
«It's a mixed picture. There's no question that the news is a lot better, but it may be priced into the market.»
«We expect the year to end 2 to 3 percent higher or lower than where it is now. The case for it going down is a massive run of profit taking. The case for it going up is people wanting to get a jump on the January rally.»
«Today, there isn't any economic news, and the earnings news is having an impact on those stocks but not the broader market.»
«However, the rising of interest rates from the current abysmal levels wouldn't be a bad thing, as it would be happening because of positive reasons, because the economy is strengthening.»
«It was great that we had three or four days of a healthy bounce. But our take is that the market is being unduly punitive right now.»
«I think there is a lot of nervousness that we'll have a repeat of last time. No one wants to see this drag on like it did in 2000.»
«Ostensibly, the advance was caused by oil coming down and some of the comments with the beige book.»
«Wal-Mart is ? I would argue is a fairly recession-resistant retail.»
«O'Neal has a good sense of where the business focus should be. He's been able to take advantage of a good business environment.»

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