Quotations
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Larry Wachtel Quotes
«When we arrive on Monday, we may or may not know the full extent of Hurricane Rita. The stock market can attempt to discount what is discernible, but when it comes to acts of nature, it can only make assumptions.»
Author: Larry Wachtel
«a buffer to the downside.»
Author: Larry Wachtel
«The earnings numbers are still respectable, but they are softening. The psychology is that you can't make projections about future earnings without having some sense about where the price of oil is going and what the consumer will do.»
Author: Larry Wachtel
«Low-end consumers, the ones that spend every penny of their paycheck, are really hurting with these gasoline prices.»
Author: Larry Wachtel
«If the Fed even hints that it will stop raising rates, that would be a major catalyst to move the market higher.»
Author: Larry Wachtel
«Basically, the (people on the) sidelines are coming in. The economic signals are just too strong to ignore.»
Author: Larry Wachtel
«we may have gotten overbought a little. We are probably going to see a pullback in the next few days.»
Author: Larry Wachtel
«This is the first day of the month, you may have seen some end-of-the-month portfolio selling dissipating, ... And this is the day that Microsoft is distributing $33 billion in cash, so there is some anticipation of that finding its way back to the market.»
Author: Larry Wachtel
«It's not like stocks are sitting there unloved. They have done well.»
Author: Larry Wachtel
«People will move along at an unhurried pace. No one is rushing to get in, and yet there are bargains around, so we're in this range-bound atmosphere.»
Author: Larry Wachtel