Alan Ackerman Market Quotations

We're still early in the game. I think what we saw was a rally that we've seen before over the last few years. We've had big one-day rallies that didn't really show any sustainability -- so my hope is that the market will hold here.

One more solid salvo from the Fed, combined with a tax cut, could be the combustible combination to get the market going.

My sense is that the market is responding to the possibility that a meaningful economic stimulus package will be in place soon that will at least shore up some of the shortfall in capital spending,

My sense is that an earnings recovery is further away than expected and there is no immediate catalyst to turn this market sharply higher. We could have a trading rally, but on balance, people are still nervous about the earnings outlook.

IBM's announcement today hopefully is a harbinger of things to come. Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.

IBM's announcement today hopefully is a harbinger of things to come, ... Investors need to know there's a sense of value among market leaders. IBM stepped up to the plate, and the market seemed to have rallied on the news and inspired other investors.

We may have bumped the bottom, but the question is, can we bounce back? Right now, you have a market that has no leadership, has no conviction. I believe more people will be watching the Yankees and the Mets.

We may have bumped the bottom, but the question is, can we bounce back? ... Right now, you have a market that has no leadership, has no conviction. I believe more people will be watching the Yankees and the Mets.

I think the market senses something good going on. On the one hand, the feeling is that the economy is starting to show signs of improvement. But there are plenty of skeptics around who say that feeling may be a little premature, and they are selling on strength,

I think that the wide swings in the market created a lot of pain. We have a lot of walking wounded among portfolio holders. And many institutional types decided to purge problem stocks from their portfolios as a result of the drop we saw earlier in the week. We're really in a week this week that could go in either direction, and again those four variables, the four E's, could affect that.

Retail investors appear to be slower to commit funds to the market this time, ... The market's momentum and volatility has caused some investors to step aside as the market has worked lower.

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.

I think gains in the market have outrun fundamentals. The move has been too much too soon. I see the likelihood of a pullback next week.

It could well be another week of stabilization and consolidation as the market seeks to hold its own, ... We are likely to see some earnings disappointments. Conversely, we're also likely to see some earnings surprises. I'm looking for a market that stays in a reasonably tight trading side.

While bargain hunters are going to work, the market is still suffering from a low level of consumer confidence, ... I'd be in no hurry to pull the trigger and be a buyer at the moment but I would be building a buy list.

We had an indication today that the unemployment numbers may be up a bit. Lots of eyes will be on the employment numbers tomorrow (Friday) with the hope that the jobless market will ease just a bit and price pressures may ease along with them.

There is a better tone to the market and money is flowing back into both the Dow and the Nasdaq. Many think we've seen the worst and the next interest rate cut by the Fed (Federal Reserve) will help get the economy going.

With a market as nasty and negative as it is at the moment, there's little room for error. The Nasdaq has contracted very sharply in a short period of time. Its drop in a year is approximately 60 percent, but this is not representative of all companies that are publicly traded.

While the market has taken a big hit today, it's shown some spring back, ... It's a multifarious number of things all working at once.

There doesn't appear to be any reason why this market will break out of its current trading range. Inventories continue to be high and demand does not seem to be as high as it could be.

This was the last chance for the Fed to raise rates in 1997. The market reacted earlier as if nothing would happen, and when the news came we saw some buyers but also some sellers going to work,

Earnings warnings continue to dent confidence and the price of individual issues, ... This is a market that's nasty and negative. It's difficult to divine if we're reaching a bottom or not.

Essentially we're just completing a week where there appears to be some market stabilization starting to surface,

There's so much doubt out there ahead of this three-day weekend that many players are just selling into the market -- taking their cash and moving to the sidelines,

There's some concern that there is inflation in the pipeline, ... And with the dollar's weakness, the stock market traded in a narrow range.

Apache has outperformed the market. It's up 9.8 percent so far this year, ... Apache is a driller that also benefits from increased business overseas. That means that the lower dollar is a benefit to them. They've got a big find in Egypt. It's an independent oil and gas company that I think has lots of room to run. I wouldn't be afraid to buy it here. It's been a market leader even over the last 12 months.

This has been an amazing market -- a 'Benny Goodman' market with plenty of swing, ... My sense is mood, momentum and money flow are still up.

This has been a Benny Goodman-type market, ... lots of swing, and it's very, very difficult to get a handle on long-term positioning when the market is moving up and down so rapidly.

Also, this market still needs the underpinning of improved corporate earnings. We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.

Also, this market still needs the underpinning of improved corporate earnings, ... We've not got the evidence that that's happening in a meaningful way. I like the way it has stabilized following the sharp moves since Sept. 21, but I am concerned that not enough fundamentals are in place.

This market continues to go to extremes, ... Techs have sold down sharply. Now there's a bit of bargain hunting from what appears to be very cheap levels.

It reaffirms the fact that it wasn't just the outcome of the election that weighed heavily on the market -- it's concern about corporate earnings and the more-than-frequent flow of profit warnings coming from some of the strong companies, ... Earnings disappointments are overpowering the election results for now, particularly in the financial sector.

It looks like it's four (up) weeks in a row... The market wants to go higher.

The biggest bull market in history still appears to be intact, ... Although the market is up tenfold since 1982 and lots of wealth has been created, there are still buyers to be found on market pullbacks.

It will take some type of catalyst to turn this market. One can't be sure what that will be or when we will see it. Meanwhile, valuations are contracting significantly and my sense is that the market is reaching an oversold condition. Much of the market's rebound will have to do with clearing up some of the uncertainties.

The jobs number was fuzzy, even though on balance it helped to perk up the market, ... Based on that number, the market is now factoring in that the economy is not weak enough for the Federal Reserve to cut interest rates in its Sept. 24 meeting.

The Fed has to set a leadership mode for the U.S. economy and the market will follow.

I like two stocks, Apache and Ocean Energy. I don't own either of them. The firm doesn't make a market in any of them. We don't have an investment banking relationship, to the best of my knowledge, but I think both stocks have done well in the poor market, ... Apache is really building a pipeline of reserves. They drill in seven major countries. They're natural gas rich. They have held in this market and I think we can look for big earnings coming up over the next year or two.

Investors are being cautiously optimistic. There's a desire to put money back into the market based on a feeling that the worst of the economy may be behind us, ... However, there's not enough evidence of that.

The market continues to suffer from lots of negative news,

A lot of money is built up on the sidelines and there's no magnet to bring that money into the market right now, ... As long as the corporate earnings reports continue to surface, there is likely to be caution out there.

The market story today is essentially Cisco. It's pulling lots of other stocks down,

The market next week is anybody's guess. World nations are watching the United States.

The market itself turned around. Mood, momentum and money flow are still positive, ... is reacting to a sense of investors not wanting to miss the train.

The market remains highly selective. People have to pick their spots,

The market has weathered a poor earnings period and increased anthrax anxiety and has come out of it pretty well. I'm encouraged. The imminent economic stimulus package and Federal Reserve cuts are providing further encouragement,

The market has done well in the last few weeks, ... Generally speaking, the market is a bit overbought. We just have to be patient and let the market give back some of its gains.

The market is sloppy and choppy. This is earnings season. We're going to have a mixed bag.

The market is attempting to stabilize after a terrific run, ... Many stocks moved up without any fundamental underpinnings and corporate earnings, by and large, look less than impressive. Portfolio managers are looking for visibility of earnings over the next quarter or two.

The level of frustration for many traders has reached a point where many are just tossing stocks into the market and have decided not to play for now,