Al Goldman
Al Goldman
drop earlier excuse finally good home lock managers provided report sales sell stocks
Earlier this year, home-builder stocks were going up like Superman. Today's drop in the home sales report provided a good excuse for managers to finally sell those stocks and lock in some profits.
economic good news normal recovery
Fluctuation is normal after a run-up. The economic news is not good and it's not going to be good for a while, but we are in recovery mode.
based bull dance expect four good night teenager three
We can't expect it to dance all night like it did three or four years ago. It's not a teenager anymore. But it's still a bull based on good fundamentals.
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.
economy either feeling good hurt increase interest modest raised rates
My feeling is the economy is going to slow, either on its own or by the Fed. If you think interest rates are going to be raised steadily, that's not good for anybody, but a modest increase does not hurt technology.
companies dramatic good message normal pause pulling rally
We've had a dramatic rally this year, and we're getting a normal pause today. The companies that are pulling back are the ones that have had very good runs. So far, that's the message of the market.
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.
country good likes sam stands street uncle wall war
Wall Street likes it when Uncle Sam stands tall. Wall Street likes a little war when we're in the right. It makes us feel good about our country and ourselves.
awful behind fabulous good market since
We sense that the sell-off is behind us and the market has the preconditions in place for a pretty good year-end rally, ... It's not going to be fabulous because we've already done an awful lot since Sept. 11.
acting brought cash climax coming couple days good internal market money selling specific value
After our selling climax on Friday, we've had a couple pretty good days that brought in cash aggressively off the sidelines. This market is just acting better because of its own internal devices, not because of any specific development. There's good value and money coming in, which is impressive.
bear beginning boat bottom bull creates dock good leaving line markets money mood people straight
People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines. The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors.
definite economy feet good healthier laid rate showing signs slowing
The economy is showing definite signs of slowing down to a healthier rate of expansion. I think the reason, good or bad, could be laid at the feet of the Fed.
days eight flat good looking momentum stocks street wall
The futures are flat this morning. We've had eight days of a good rally. The short-term momentum is still up for Wall Street but stocks are looking extended.
bad bonds bull good market normal pause remains subject underlying vulnerable
The market was subject to a very normal pause to refresh. Why not ? Bonds have been up big. The market had been up big. We were vulnerable to good news, bad news, no news. The underlying bull market remains very positive.