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Letter "B" » Brett Gallagher Quotes
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«We seem to be certainly playing to the ebb and flow of the news on the Middle East. You had talk that the national security level would be raised and the market sold off immediately, then popped back up once it was dismissed. That's the kind of market we're in. It's rumor-driven, technical and the fundamentals are not playing a role.»
Author: Brett Gallagher
«I don't think individual investors should be playing this market right now, making bets based on the latest Iraq news. Once the war ends, we've got underlying fundamental issues that will return to focus. The war is not the reason the economy is having trouble. Fundamentals have gotten worse since the beginning of the year and yet the market has gone higher because of the focus on Iraq.»
Author: Brett Gallagher
«The general uncertainty about the war -- when it will start, how long it will last -- is slowly and steadily grinding us lower, ... but inversely it's also propping us up higher than where we should be. Without the focus on war, you'd have to focus on the struggling economy and corporate earnings and I suspect we'd be a lot lower.»
Author: Brett Gallagher
«I had fish for a while, and after they died the market didn't do so well.»
Author: Brett Gallagher
«It's a little chicken and egg. The flows tend to follow the market, but when you get a nice six months in a row, the momentum can begin to carry itself.»
Author: Brett Gallagher
«I can't stand the dollar. There's nothing that's going to save it and it's going to get worse .»
Author: Brett Gallagher
«I think we'll go lower,»
Author: Brett Gallagher
«We're going to have to see better news and slow steady incremental gains over a prolonged period of time in order to build the market.»
Author: Brett Gallagher
«However, expectations for this quarter in general are so low that it will be fairly easy for companies to beat and that can give us a short-term boost. But will it mean anything? Expectations for the subsequent quarters are still too aggressive and unrealistic.»
Author: Brett Gallagher
«It's the wildest market I've seen in some time,»
Author: Brett Gallagher
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