Al Goldman
Al Goldman
economy everybody knows market question ready recover stock
Everybody knows that the economy is going to do better sometime, that the stock market will recover sometime. It's a question of when you are ready to make a bet.
depressed economic either everybody good keeping price problems
On one side, we've got pretty good economic fundamentals. On the either side, we have all the problems that are keeping everybody depressed -- Iraq, Iran, the price of oil.
blood boy everybody highly knows sector seen shine shoe valued
There's been more blood being let in the sector than I've seen in long time. Everybody and their shoe shine boy knows we're highly valued in the sector.
bear bull dead mood
It's not going to be a one-way trip. But the bear is dead and we're transitioning from a bear mood to a bull mood.
catch change glass good half last market modest month mood rally shift
The big change in this market the last month or so has been a mood shift from 'the glass is half empty' to 'the glass is half full', and that's why we've had a good rally and a very modest time-out to catch our breath.
best feeds market mood percent
The best stimulant you can have for a market is an 'up' market, and it feeds on itself. The market is 90 percent emotions, and the mood shifted.
bears keeps love market somewhat
The bears just won't give and I love having bears out there. It keeps the market somewhat healthy.
bears deserve economic economy miserable news pace points slowing
The bears are going to have another miserable day, and they deserve it. The economic news points out that the economy is slowing from the over-heated pace in the first quarter.
bit certain fed further future less policy rate saying
The Fed sounded a bit less certain about the need for future rate hikes, saying further policy firming 'may' be needed.
dramatic fed move today
The Fed made a dramatic move today and it was needed,
optimistic technical
I'm very optimistic on the long bond. The fundamentals are there and the technical underpinnings are still positive.
doom gloom grim high horribly level low market
It's been horribly grim this week. There's a high level of gloom and doom in the market and a low level of optimism.
builds buy looking main market message momentum money reason sidelines today
The message of the market today is that there is a lot of money on the sidelines and that money was looking for a reason to buy. And the main reason to buy is that we're going up. Momentum builds on momentum.
behind business katrina last michigan numbers people responding speech terrible thinking
The Michigan numbers stink, but it?s behind us. ..they (investors) are responding to the President?s speech last night. They see Katrina as a terrible event, but people are already thinking about the business that it?s going to stimulate.