Jack Baker
Jack Baker
load people stocks
One thing's for sure, people aren't going to load up on stocks going into tomorrow's speech.
biggest incentive looking problem results start weaker
The biggest problem right now is sentiment. We've got to start wading through second-quarter results soon, and it's looking like they're going to be weaker than was previously expected. There's no incentive to buy.
everybody forgotten looking next nobody past
This is indiscriminate selling. It has nothing to do with fundamentals. Everybody has forgotten about the long term; nobody is even looking past next week.
ability happy rally sharp
I'm not really happy with the volatility. What I am happy with is the market's ability to rally after these sharp declines.
chance clouds market near saying sell
I keep saying it -- sell these rallies, ... There are too many clouds out there. There's no chance for this market in the near term. It makes no sense to make new commitments.
changed months since takes
It was positive, but this kind of thing takes months to set right. What's changed since this morning? Nothing.
across affection began came cattle created good great horses jersey love money raising records seed stock testing
They made a lot of money and Sibley got into agriculture - his first love - and began grafting, seed testing and raising horses. He created such a good stock of trotting horses and Jersey cattle that they would set records across the country. ...He had a great affection for that, which came from the soil.
dictates headline market slow
Every headline minute-to-minute dictates what the market is going to do. I think there are going to be more torturous, slow days.
continues market people
As the market continues to go up, people are going to get more bullish.
anyone change direction either given hardly highly market move points rumors signal
There's hardly anyone here and the market is highly susceptible to rumors and any other kind of news. At any given time, you could see a move in either direction of 100 points or more and it doesn't signal a change in direction.
ahead few historical moving next people perspective september sidelines tends worst
There's going to be nervousness for the next few weeks. From an historical perspective, September tends to be one of the worst months. In addition, you have a lot of people moving off to the sidelines ahead of September 11.
days happens left market
There's nothing fundamental going on in our market, ... Anything that happens in the market these days has to come out of left field. And this is out of left field.
favorable flow funds next stock week
I see the flow of funds still exceptionally favorable for the stock market. 8,000 is my number. We should be there in the next week or two.
bad couple hundred lows market negative orderly points pushed
This is some orderly profit-taking in a market that is susceptible to bad news, but I wouldn't put it in a negative context. You have a market that's pushed 1,600 points off its lows recently, so a couple hundred points back down is not so bad.