Ralph Acampora
Ralph Acampora
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,
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.
terms
In terms of the Dow, that's around 7,400-7,500,
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.
money tons
There has been this realization that there is tons of money on the sidelines.
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,
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.
activity breadth expect expected leadership narrow negative problem remain
Expect more of the same choppy activity as the Dow meanders around the 10,000 level. Unfortunately, the leadership is expected to remain very narrow as the negative (market) breadth problem continues.
camp investors technology telling
Capitulation isn't a one-day phenomena. I'm in the camp that you have to get a wash-out and I'm telling investors to rotate ? the world doesn't revolve just around technology stocks.
aggressive believe bullish exciting season summer
Be aggressive because we believe that this summer season will be a very exciting and bullish affair,
action bull climb history markets normal price seeing today wall
Many comparisons have been made with the markets of the 1950s and 1960s. If you go back in history you climb a wall of worry. The price action we are seeing today is actually normal action in a bull market.
change good news sentiment
Sentiment can change overnight. Good news is good news again.
anxiety backing enthusiasm number quite round takes
I think quite often when you get to a round number you have a lot of anxiety. This backing off is healthy. It takes some of the enthusiasm out.
earnings hand price
Price is fact. Earnings on the other hand are estimates. You restate earnings. You never restate price.