Jack Baker Start Quotations

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.

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.

I think we are going to have two more rate cuts and the earlier rate cuts are going to start feeding in the market.

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.

If you are not in the stock, I'd start picking away at it.