Al Goldman
Al Goldman
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.
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.
early emotions extremely fear gain greed highs march market people reached reaching record rule stock year yelling
Two emotions rule the stock market ? one is greed and one is fear. In March 2000, greed was extreme, the market was at record highs and people were yelling 'where has this gain been all my life?' But by February, early March of this year (2001), fear had reached a an extremely high level, reaching a crescendo on March 22.
ancient earnings fourth looking market quarter
Earnings are ancient history. The first quarter is under our belt. The market is now looking to the fourth quarter and ahead.
correction early economy economy-and-economics four inflation market message pressure strong tank today
We've had a strong economy for four years now and no inflation, so I don't see inflation as a problem, ... The market went into the tank early today because the message was our correction just wasn't over yet and then, of course, pressure from the techs.
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.
areas market
These are the personalities of a market getting in the areas of a bottom.
bends bull buyers discount left life market plenty price pulls seven shown sign small
This bull has shown us for more than seven years that when it pulls back it bends a little but doesn't break. You get a small price discount and buyers come right back in. And that's the sign of a bull market that has plenty of life left in it.
driven largely market past percent seeing tech today
The Nasdaq, which is largely driven by tech stocks, has soared 24 percent in the past three-week period, so today we're seeing some profit-taking as the market is refreshing.
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.
although believe bottom bull far health improve line market ran remove
The bottom line is the market ran too far too fast, and we have to remove the excesses. Believe it or not, although corrections are no fun, they do improve the health of the long-term bull market.