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Letter "D" » Douglas Altabef Quotes
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«Below the current, the economy has been improving far more than the market reality would indicate. And all things considered, the market is really behaving quite well today [Thursday]. But there's still tremendous anxiety; the market is held hostage to individual corporate news and accountability.»
Author: Douglas Altabef
«What companies report now is less influential than what they say about future quarters.»
Author: Douglas Altabef
«On any given day, the market is taking its cue from forecasts and results. Juniper was negative, so that's spilling through the Nasdaq. I think, overall, though, the trend through the rest of the year and into early next year will be more positive.»
Author: Douglas Altabef
«Clearly you're seeing conflicting signs about the economy and the market reacting to that.»
Author: Douglas Altabef
«Profit news continues to be good, and we are seeing some relief from the profit taking of the last few weeks. But there is an ongoing tug-of-war between 'we've come too far too fast,' and 'the economic recovery is strong' and you're seeing that played out on a day-to-day basis.»
Author: Douglas Altabef
«Earnings have been good, but what you're starting to see is a return to the attitude about earnings that we saw in the late 1990's, where you're seeing more talk about whisper numbers, higher expectations, and a more punitive reaction to numbers that disappoint.»
Author: Douglas Altabef
«The forecasts for the second-half of the year for the most part seem to support a recovery, but to some extent, that's already priced into the market, so you're not seeing that much stock reaction. There's not a lot of conviction and some people will take profits. But I think there will continue to be a moderately upwards bias for the remainder of the year.»
Author: Douglas Altabef
«I think if you look at volume it would seem to indicate there very likely may be a return of investors. People who are more opportunistic have seen the signs. But a lot of people are waiting for clarity.»
Author: Douglas Altabef
«I think that there is an upward bias. The market for the first time in a long while is wanting to go up.»
Author: Douglas Altabef
«There's no real compelling reason for stocks to be up. But you've got little new news and there's an upward bias, so we're up today after a few days of selling.»
Author: Douglas Altabef
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