Alan Skrainka Quotations

We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.

I don't see people making big commitments. It's a holiday weekend and there's just no catalyst to get things going.

It looks like the threat of breaking up the company has been taken off the table and is beginning to fade.

The bond market was so weak all day that it pushed the broader market lower. Investors weren't talking about if the Fed will raise rates, but how much.

Take IBM out and the market looks pretty much unchanged on the day.

The word for 2001 is look for opportunities. There are problems in the economy but they have gotten aggressive responses from policy makers.

If you read the speech, he seems to imply that those hikes aren't enough.

So many Americans are consuming by using their home equity. If you can't afford a standard mortgage, you probably shouldn't be buying a home.

The rest of the market continues to struggle with reports that continue to show the economy is too strong.

Maybe it's concern that the economy may have more of a hard landing. The economy grew a little faster than expected, so people might be thinking we're not done as far as interest rate hikes are concerned.