Quotations
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Douglas Altabef Quotes
«I think as the year goes on there is going to be more conviction about an economic recovery. I think the market's sort of sideways with an upside bias at least for the next couple of months. I think we'll have a nice fourth quarter.»
Author: Douglas Altabef
«It's a mixed picture. There's no question that the news is a lot better, but it may be priced into the market.»
Author: Douglas Altabef
«We expect the year to end 2 to 3 percent higher or lower than where it is now. The case for it going down is a massive run of profit taking. The case for it going up is people wanting to get a jump on the January rally.»
Author: Douglas Altabef
«Today, there isn't any economic news, and the earnings news is having an impact on those stocks but not the broader market.»
Author: Douglas Altabef
«However, the rising of interest rates from the current abysmal levels wouldn't be a bad thing, as it would be happening because of positive reasons, because the economy is strengthening.»
Author: Douglas Altabef
«It was great that we had three or four days of a healthy bounce. But our take is that the market is being unduly punitive right now.»
Author: Douglas Altabef
«I think there is a lot of nervousness that we'll have a repeat of last time. No one wants to see this drag on like it did in 2000.»
Author: Douglas Altabef
«Ostensibly, the advance was caused by oil coming down and some of the comments with the beige book.»
Author: Douglas Altabef
«Wal-Mart is ? I would argue is a fairly recession-resistant retail.»
Author: Douglas Altabef
«O'Neal has a good sense of where the business focus should be. He's been able to take advantage of a good business environment.»
Author: Douglas Altabef