Alan Kral Market Quotations

People have been looking for reasons to buy. There's so much money around and that places the bias in the market on the upside.

Probably there won't be any peace until after the Fed has spoken. This is a very sensitive time in the market and you'd better be comfortable with the stocks you own.

They're heavily into the insurance business, but in a very interesting way, in terms of an arbitrage between the buyers and sellers. They don't take an awful lot of insurance risks for themselves and they've been able to demonstrate the ability to make money in both soft markets and hard markets for insurance premiums.

I think what we saw yesterday (Tuesday) was a bounce in the bear market. It could continue. There's no question there are going to be sharp rallies all the way along in here. But I think the trend has been as long as the Fed has been active, we've basically seen a down market with some rallies in it.

Absent bad news, the market wants to go up. There's a lot of money around and a lot of hope around.