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Alan Ackerman Quotes
«I think for the moment the big chains are running like elephants. They tend to be behind the cheetahs and the panthers. I think they lumber along, and I think this is not necessarily the time to move. I think the turnaround isn't going to be as routine or orderly as you might expect. I'd want to stay with the strength right now.»
«That has helped the techs today (Wednesday). They have a reasonably upbeat forecast.»
«Enron's quick collapse touched off more aggressiveness by regulators and prompted them to dig more deeply into executive dealings.»
«We've got to be wary of the four T's: tech, telecom, terrorism and timidity. We're also in the summer stall. No one is eager to move in. There's a real lack of conviction.»
«This market is somewhat difficult to call.»
«I don't think it signifies very much. We're still in a position of extreme rotation in the markets.»
«Earnings disappointments are taking their toll,»
«There are continued uncertainties, ... The U.S. economy is slowing and commensurate with that is slowing consumer spending and corporate spending.»
«It reaffirms the fact that it wasn't just the outcome of the election that weighed heavily on the market -- it's concern about corporate earnings and the more-than-frequent flow of profit warnings coming from some of the strong companies, ... Earnings disappointments are overpowering the election results for now, particularly in the financial sector.»
«While bargain hunters are going to work, the market is still suffering from a low level of consumer confidence, ... I'd be in no hurry to pull the trigger and be a buyer at the moment but I would be building a buy list.»