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Ralph Acampora Quotes
«I hear everybody talking about how narrow the market is, but please look at what has happened in the last couple of days and you'll see there is rotation within the blue chips. You're getting technology and even getting a few of the small mid-cap stocks participating. It's feeding itself and I think it bodes very well for the long term.»
Author: Ralph Acampora
«Expect more of the same choppy activity as the Dow meanders around the 10,000 level. Unfortunately, the leadership is expected to remain very narrow as the negative (market) breadth problem continues.»
Author: Ralph Acampora
«This is beautiful and it's going to last a long time.»
Author: Ralph Acampora
«Our new conservative 1999 Dow target is 12,000/12,300 based solely on the fact that interest rate concerns are behind us for a while and now we have improved earnings expectations ahead of us.»
Author: Ralph Acampora
«What makes a bull market live is rotation, and we have the rotation.»
Author: Ralph Acampora
«As we sit back and digest these volatile days, one thing definitely comes to mind -- and the word is rotation. As long as we can see money move from one sector to another, that is constructive. Hence, stock selection is key.»
Author: Ralph Acampora
«it's the same names and it's not broad at all. I hope they've learned that Wall Street is not an easy day-trading event.»
Author: Ralph Acampora
«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.»
Author: Ralph Acampora
«We give the market the benefit of the doubt that the near-term strength will carry through to the upside,»
Author: Ralph Acampora
«Many comparisons have been made with the markets of the 1950s and 1960s. If you go back in history you climb a wall of worry. The price action we are seeing today is actually normal action in a bull market.»
Author: Ralph Acampora