Jack Baker
Jack Baker
front level next surprised three
Who's going to get in front of these guys? I wouldn't be surprised to see the Dow back up at the 10,000 level in the next three months.
continue stocks
Without earnings, price-to-earnings ratios will not keep up and stocks will continue to get sold,
community earnings economy investment money needs reports turn
If the economy has turned, as all these reports keep showing, the investment community needs to see earnings turn around too. There is still a lot of money on the sidelines.
cat comments dead market markets soothe uncertain
Tyco and WorldCom's comments soothe the market short-term, but it's a dead cat bounce. Things are too uncertain right now for markets to rally.
everybody feeling forward fourth investors knows looking people perception quarter though tone
People are feeling better. The perception of investors is that, if Dell and Cisco are correct, even though everybody knows that the fourth quarter is going to be terrible, the thought is this could be the tone of other corporations looking forward to 2002.
happened
I think it's positive, ... It should have happened a while ago.
market points positive vacation
I think it's very positive that the market was down more than 100 points and has come back, but this is essentially a vacation week,
cuts earlier feeding rate start
I think we are going to have two more rate cuts and the earlier rate cuts are going to start feeding in the market.
actions assuming economy everybody federal judging people rise slower sweet
I think we're in a corrective phase, but corrections are usually short, sweet and right to the point. I think that everybody is prematurely judging the Federal Reserve's actions by assuming there will be another rise in May. I think the economy is slower than people think.
extended figures historical influence joseph oil premier region
Joseph Sibley was one of the premier historical figures of the oil region and his influence extended worldwide.
attention congress farmers rather strong suit women
His strong suit was not Congress but rather his attention to farmers and women and families.
below calling clouds falling lows october people possibly start test
There are so many clouds over the market. I don't see any short-term way out of this mess. Some people are calling for not only a test of the October lows, but for possibly falling below the October lows once we start shooting.
chance greenspan market people rally rate receive rise setting
I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out of the marketplace, people are going to receive the rate rise better. I think the market has a chance to rally after that.
heading hit major russell sit types
I still think we're heading higher. The long-term types like me should sit tight. I don't really see any major problems. The only thing I don't like, of course, is still the narrowness of the advance. But, on the other hand, the Russell hit another high.