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Letter "J" » Jack Baker Quotes
«I'm not really happy with the volatility. What I am happy with is the market's ability to rally after these sharp declines.»
«Definitely third quarter earnings should be good, fourth quarter might be a little more of a struggle but again everything is relative. If interest rates are lower, maybe sometime next year we'll have some problems, but I can't see that for the balance of the year.»
«[Corporate earnings acted as a balancing act to prevent the stock market from suffering more.] Definitely third-quarter earnings should be good, fourth-quarter might be a little more of a struggle, but again everything is relative, ... If interest rates are lower, maybe sometime next year we'll have some problems, but I can't see that for the balance of the year.»
«Without earnings, price-to-earnings ratios will not keep up and stocks will continue to get sold,»
«I think the (report on leading economic indicators) is much more important than people think. Maybe in the fourth quarter of this year and the first quarter of next year, the economy will in fact pick up.»
«The stock of course, in light of that news up 5 or 6 points this week, ... But we still like the stock a lot, and on any pullback we'd be a buyer.»
«Morgan Stanley with Lehman Brothers are also some of our best picks,»
«I think we are going to have two more rate cuts and the earlier rate cuts are going to start feeding in the market.»
«People are feeling better. The perception of investors is that, if Dell and Cisco are correct, even though everybody knows that the fourth quarter is going to be terrible, the thought is this could be the tone of other corporations looking forward to 2002.»
«While the Dow has been fluctuating, it's positive that the Nasdaq has been able to hold on.»