Jack Baker
Jack Baker
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,
continue enthusiasm people point underlying wave
I think there is an underlying wave of enthusiasm in the market. The thing that people continue to point to is inflation, but I still do not see it. I don't see a lot of short-term negatives.
light news points stock
The stock of course, in light of that news up 5 or 6 points this week, ... But we still like the stock a lot, and on any pullback we'd be a buyer.
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.
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.
continue stocks
Without earnings, price-to-earnings ratios will not keep up and stocks will continue to get sold,
although believe discount morgan pick quarter selling steep stuff top
We also like, believe it or not, Morgan Stanley, which is our top pick in the brokerage field, although they may have another quarter and some stuff to wade through. It's selling at a very steep discount to the group. It's our top pick,
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.
good market news problem seen though
The good news is the market has probably seen the lows. The problem is getting though (Dow) 10,000 on the upside.
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.
load people stocks
One thing's for sure, people aren't going to load up on stocks going into tomorrow's speech.
brought events free might monarch paid park people thousands
One of the events was a free day at Monarch Park where Sibley brought in all the food, costing thousands of dollars. Plus, there might have been some people paid to vote.
concerned couple economy next people quarters slowing trouble until
I'm a little concerned about the next couple of quarters because the economy is slowing up more than most people think. It could be trouble ahead, but probably not until the end of the year.