Alan Ackerman Elective Quotations

This is still a time to be reasonably cautious. The durability of rallies leaves lot to be desired. People need to be selective in what they choose to buy, and they need to be more internationally aware than they were before.

We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction, ... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process.

I think people are hurting and we're in a market where there is more 'sell' advice than 'buy' advice. Buying is highly selective and still full of risk.