Quotations
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Douglas Altabef Quotes
«This is not an expensive stock. We think Merrill certainly has a significant amount of upward opportunity.»
Author: Douglas Altabef
«People are trying to figure out what the real-world implications of AOL's announcement are.»
Author: Douglas Altabef
«The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility.»
Author: Douglas Altabef
«People are trying to figure out what the real-world implications of AOL's announcement are.»
Author: Douglas Altabef
«But I think the way the market is acting is actually healthy. You're seeing a real resilience on the part of the market. You're seeing a willingness to shrug off or contextualize not great news, which is a big improvement over June and July, when if the market was open, it was down.»
Author: Douglas Altabef
«The market is clearly in a cha-cha mode. There's very little conviction and that's why we're seeing this kind of volatility.»
Author: Douglas Altabef
«On a macro level, we are at the beginnings of an economic recovery, not as fast as some people want, and we may have some altercation with Iraq in the next six months. That uncertainty is putting the foot on the accelerator and pulling it off the accelerator at the same time.»
Author: Douglas Altabef
«It actually isn't a bad day -- it's a good day for techs. I think the most important thing is that earnings season is going pretty well. A lot of this is perception, and the economy may not be robust, but it's not sick. There's certainly a lot of anxiety out there among individual investors.»
Author: Douglas Altabef
«Greenspan is guardedly optimistic, but for the uncertainty that Iraq presents.»
Author: Douglas Altabef
«I think there are a couple trends worth paying attention to. Number one is the re-emergence of financials. We've seen that already over the last few months. They've had a tremendous run but they're coming off such a lousy last year-and-a-half that I think it's fair to say that it hasn't really left the station. But there's a lot of whistle blowing going on. The other one is that investors are very nervous about any kind of whiff of disappointment of not meeting expectations, so there is tremendous short-term volatility going on, and that's a buying opportunity.»
Author: Douglas Altabef