Quotations
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Peter Cardillo Quotes
«The market continues to roar. Psychologically, it means a lot. It means the market will continue to move higher.»
Author: Peter Cardillo
«Obviously it negates the theory about Dow 1,000. What (the new milestone) tells us is people have a lot of confidence. Money is still flowing into the United States despite some question marks about inflation. Nothing has changed.»
Author: Peter Cardillo
«It doesn't surprise me. We all know the House is going to vote to impeach the President. The fact is that economic times here in the United States are still quite good.»
Author: Peter Cardillo
«All of these crises are getting serious, and what the (U.S.) market is experiencing is a crisis of confidence.»
Author: Peter Cardillo
«It's a step in the right direction to perhaps halt some of the excess volatility in electronically traded stocks.»
Author: Peter Cardillo
«I think by some time next week, the market will begin to rally again. I believe money managers will be aggressively window dressing.»
Author: Peter Cardillo
«I don't think the correction is over. I think we can get as low as 8,250 before we see stabilization on the market, and then I think we will begin to climb.»
Author: Peter Cardillo
«What I do see is some need for a consolidation period,»
Author: Peter Cardillo
«Mr. Greenspan may have just given us some time here. I think within the next 10 to 12 days this market is probably going to consolidate and stay with a 300-400 point range. ... When we get another interest rate cut, then the market can sail above that 9,000 level.»
Author: Peter Cardillo
«Basically the market is continuing its defensive posture.»
Author: Peter Cardillo