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Al Goldman Quotes
«Drug companies are being hit by the Merck trial. But since their valuations are still cheap, we might see a sharp rebound in their stock prices soon.»
«We've had a strong economy for four years now and no inflation, so I don't see inflation as a problem. The market went into the tank early today because the message was our correction just wasn't over yet and then, of course, pressure from the techs.»
«The long-term trend for the economy and the market remains bullish.»
«The market has way overplayed concern over inflation. Greenspan did what he is supposed to do. When things look great, he has to look like he has an upset stomach. When things look bad, he has to be all smiles.»
«The economy is growing at a reduced but healthier pace. We don't anticipate any inflation problems, and corporate earnings are going up, up and away. So, yes, we're still bullish.»
«We do have preconditions in place for that turnaround in sentiment.»
«People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines. The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors.»
«I think we are transitioning from a bearish mood to a bullish mood.»
«It's not going to be a one-way trip. But the bear is dead and we're transitioning from a bear mood to a bull mood.»
«(Intel) is down but not out. We have a very nervous market and it's the dog days of summer. We are short-term overbought so we're giving some of it back with the excuse being Intel.»