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Larry Wachtel Quotes
«This is par for the course. All you've got to do is breath heavy and you get the Dow plus or minus 90 points.»
«The only thing that would shake me would be a fundamental change, if rates would rise dramatically to 7 percent, if the profit margin contraction continued, if the love affair by the public with mutual funds would cool off. The fact that the Dow is fluctuating more than it used to doesn't turn me on or turn me off.»
«The basic problem this week has been the arrival of third quarter earnings and the non response,»
«The selling last week was so extreme, there had to be a snap back.»
«I'm really amazed [The market] is getting tired, but invariably in the last hour of trading there's a cavalry charge and we close at a new high.»
«I'm amazed at how well the market has held. This sideways action shows a very strong market.»
«This is all promulgated by overseas markets. We started with the festering Asian situation, Russia then spilled over into Latin America, and Wall Street has trouble dealing with all these overseas situations.»
«Obviously, companies split when the stock price has gotten beyond the pocketbook of the average investor.»
«Cisco reports earnings tomorrow (Tuesday) and certainly that stock is at a price where there may be a split.»
«I don't think the money managers are going to go rushing into stocks just simply because we got to Dow 10,000.»