Ralph Acampora
Ralph Acampora
concerned corporate five fund good higher late might mutual next start ten term
If you're a trader, I'd be concerned because you might be too late on some stocks, but if you're an investor, start to participate. And if you can't do it yourself, get a good mutual fund and have a long term view. This country, the stocks, corporate America, are going to go a lot higher over the next five to ten years.
ahead bit bottom created decline far good groups hopefully identify investment july large months news past perspective picking quite search september several start stocks term time weeks
The good news about the market's July to September 1998 decline is that so far it has created quite a bit of value, especially in the large capitalization area. It is now time for those who have a long term perspective to start picking through the rubble of the past several months and identify those groups and stocks that hopefully will bottom out in the weeks ahead and will become new investment vehicles. Start your search now.
floor longer market next people trying
I'm trying to tell people now that 10,000 is no longer the ceiling. I think it's the floor for the market over the next 5 to 10 years.
expect stocks tech
I just want to tell everybody, don't expect tech stocks to go back to the old highs.
higher last nervous
Everybody's nervous (about a correction), but this is going to last a while. We'll go a lot higher between now and the end of the year.
context correction definition short term
Again, my definition of correction here is short term and this correction is in the context of a long-term bullishness,
blue buying changed chips correction creates opinion russell talk
I have not changed my opinion on blue chips this correction creates a buying opportunity. (But) if you talk about other averages, like the Russell 2000, they look terrible.
additional attempt backing bottom cannot currently early filling market meaningful necessary price rule setbacks stage taking time
At this very early stage of an attempt to put in important lows, we cannot rule out additional setbacks and volatility. Normally, time and price stabilization are necessary for the market to put in a meaningful bottom - the backing and filling that is currently taking place is part of this process.
blue bullish chip flow leadership
We've been bullish for a little over two years. What was in place for two years is still in place: blue chip leadership and the flow of funds.
benefit carry doubt market strength
We give the market the benefit of the doubt that the near-term strength will carry through to the upside,
aggressive bail fund money
There's 'hot money' -- hedge fund money, more aggressive money -- if they sense anything out of the ordinary, they bail out quickly, en masse.
bull early last market months stages
the bull market is only 3 months old. . . . We're in the early stages of something that's going to last a long, long time.
beautiful driving impressive narrow quality stocks
The thing that's very, very impressive is the quality of the stocks that are driving this. It's a very narrow list, but a very beautiful list.
blue exactly small sorts
The thing that really impresses me the most is that this market's broadening out. You have not only blue chips, you have small and mid-cap names. You have all sorts of industries. This is exactly what you want.