Quotations
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Larry Wachtel Quotes
«There are lots of positive triggers today,»
Author: Larry Wachtel
«However, the history of the stock market is that everyone sells into the strength. So I'll be taking it one hour at a time. I'm in a show-me mood today.»
Author: Larry Wachtel
«However, given that the volume yesterday was almost at the lowest level of the year, caution prevails. I can promise a decent opening but it's still a bell to bell story.»
Author: Larry Wachtel
«If oil could get down to $35 a barrel, that would be gratuitous. When oil got to $41.85 [last week], the fear was that it would blow off to $50. I don't know if oil could get down to $35, but there would be a positive reaction to that.»
Author: Larry Wachtel
«I don't know that money managers controlling billions of dollars are going to make major choices based on this minor development,»
Author: Larry Wachtel
«Intel hit everything in its report but said inventories are rising and profit margins are falling. And that's all she wrote.»
Author: Larry Wachtel
«A lot of the results yesterday have been a little disappointing. Microsoft had a decent quarter but was a little below expectations. It was the same with both Amazon and Coke.»
Author: Larry Wachtel
«We've been down for six weeks on the S&P 500, and if you stretch a rubber band enough, it's going to snap back, ... The question is 'is this a head fake or will it continue?'»
Author: Larry Wachtel
«A lot of the market is beginning to resist the downside because it's already been hurt so badly. That's what I think will be the primary factor next week.»
Author: Larry Wachtel
«If I was doing some bargain-hunting in blue chips, those are two that I would go after.»
Author: Larry Wachtel