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Letter "R" » Ralph Acampora Quotes
«I think we could have a spillover effect.»
«If you're a trader, I'd be concerned because you might be too late on some stocks, but if you're an investor, start to participate. And if you can't do it yourself, get a good mutual fund and have a long term view. This country, the stocks, corporate America, are going to go a lot higher over the next five to ten years.»
«Unfortunately, what has precipitated this decline is a real fear of interest rates rising. Personally and professionally, I think interest rates go a little higher than most people expect and until that happens, until we see the end of that fear, I think the market between now and the end of June is going to be very, very nervous.»
«The thing that really impresses me the most is that this market's broadening out. You have not only blue chips, you have small and mid-cap names. You have all sorts of industries. This is exactly what you want.»
«I think quite often when you get to a round number you have a lot of anxiety. This backing off is healthy. It takes some of the enthusiasm out.»
«I raised my forecast to at least 10,000. And the reason is -- the market is so powerful internally It's very impressive. My advice is -- get in!.»
«Everybody's nervous (about a correction), but this is going to last a while. We'll go a lot higher between now and the end of the year.»
«I have not changed my opinion on blue chips this correction creates a buying opportunity. (But) if you talk about other averages, like the Russell 2000, they look terrible.»
«In terms of the Dow, that's around 7,400-7,500,»
«You'd hate to think that one person could do this. But I think the popularity of business shows, and all the media attention that [trading activity] gets, I guess [comments by market strategists] becomes a little bit of a catalyst.»