Jack Baker
Jack Baker
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.
buyers earnings forecasts incentive start stay stuck tight trading turning until
Until earnings and forecasts start turning around, we are going to stay stuck in this tight trading range. There is no incentive for buyers to get back in the market.
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.
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.
picking start
If you are not in the stock, I'd start picking away at it.
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.
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.
ads alliance approach internet marketing positions space taken
Our alliance has taken a new approach that positions space ads as an internet marketing strategy.
coming economy near negatives people pick second seem term
People seem to be coming to the realization that the economy might, in fact, pick up in the second half. I don't see any negatives in the near term to derail this market.
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.