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Letter "J" » Jack Baker Quotes
«After the run we've had this week, I think the action today [Friday] is fine.»
«I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out of the marketplace, people are going to receive the rate rise better. I think the market has a chance to rally after that.»
«If you're in and haven't done anything, I think long-term people should sit tight.»
«I think there is an underlying wave of enthusiasm in the market. The thing that people continue to point to is inflation, but I still do not see it. I don't see a lot of short-term negatives.»
«I still think we're heading higher. The long-term types like me should sit tight. I don't really see any major problems. The only thing I don't like, of course, is still the narrowness of the advance. But, on the other hand, the Russell hit another high.»
«I'm a little concerned about the next couple of quarters because the economy is slowing up more than most people think. It could be trouble ahead, but probably not until the end of the year.»
«[Despite the selling, traders appeared fairly optimistic, many attributing the day's decline to investors pulling out profits after recent record session.] I see the flow of funds still exceptionally favorable for the stock market, ... 8,000 is my number. We should be there in the next week or two.»
«I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two.»
«There's nothing fundamental going on in our market, ... Anything that happens in the market these days has to come out of left field. And this is out of left field.»
«The [economic] numbers are very benign. The economy in fact seems to be slowing a little bit. I know it's hard to read this week-to-week, month-to-month. But it does appear that it's slowing.»