Quotations
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Gail Dudack Quotes
«The interesting thing about the trend in the Nasdaq is this very powerful momentum pattern that started to form last year. Until certain things happen, this momentum is going to remain strong. It's blown out targets.»
Author: Gail Dudack
«The negative of last Friday's decline was not the decline itself, but the complacency of the decline. There's too much complacency.»
Author: Gail Dudack
«The fed was very aggressive with cutting rates, and that affected rate-sensitive areas of the economy, such as housing and autos. That leaves us with a problem, which is a lack of pent-up demand in the recovery phase.»
Author: Gail Dudack
«We have to be patient with this recovery. It's not going to be a youthful one; it will be a slow, lumbering one.»
Author: Gail Dudack
«I think the Fed is concerned that the stock market may impact consumer confidence and lead to a double-dip recession.»
Author: Gail Dudack
«Really what the markets have been struggling with is: What is the direction of the economy and therefore corporate profits.»
Author: Gail Dudack
«There may be some changes taking place, not just in the stock market but maybe in the global economy.»
Author: Gail Dudack
«I think we need to go back to 6,300 before there is a little bit more confidence about value when earnings growth is questioned.»
Author: Gail Dudack
«The strong dollar has done two very good things for the stock market: brought in foreign money and kept inflation low. Question is, 'What is the dollar going to do from here?' It's been weak for the last month. Will it still create that magnet for foreign investors?»
Author: Gail Dudack
«I think we are getting into the resistance levels. We are getting to the hard part.»
Author: Gail Dudack