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Letter "A" » Alan Ackerman Quotes
«We had a strong rally yesterday, but today we're seeing investors sell into that rally a little, ... We're in a trading market. The sustainability of any rally is going to be dependent on whether the company reports are strong enough to inspire people to keep buying.»
«There's been no shortage of negative news lately, and this event is likely to further depress the markets,»
«This attack is clearly visible all over the world on television. Consequently, world equity markets are in turmoil. The uncertainty created by the attacks are likely to bring about more uncertainty abroad.»
«One can hardly ignore the strength or weakness of the earnings reports coming out nor can they ignore the slowing state of the U.S. economy.»
«For the most part it appears most of the bad news is out.»
«Stay with the big stocks with the big backlog and big trend of earnings and with management that have been there before,»
«We have more profit warning jitters as the U.S. economy appears to be slowing,»
«Retail investors appear to be slower to commit funds to the market this time, ... The market's momentum and volatility has caused some investors to step aside as the market has worked lower.»
«There's a feeling that oil prices will work higher still. The U.S. is more dependent on foreign imports than it has been in a while, and with oil prices on the rise, buyers moved quickly into oil stocks and energy related stocks,»
«[The U.S. Treasury auction schedule, which continues Wednesday with the sale of five-year notes,] is seen as a hurdle, ... in a profit-taking mode.»