Lou Ehrenkrantz
Lou Ehrenkrantz
ball bounce building couple drop top
When you drop a ball from the top of a building it will bounce a couple of times.
painful worst
The worst is over but the most painful part is yet to come.
cap car change eye far looking massive shifting small stocks
It's like a car shifting gears. We're looking at a massive change in the market. Now, as far as my eye can see, you're going to see small cap stocks as the way to go.
faster happens volatility
The volatility will not end. It will exacerbate. ... Everything in the world happens faster than it used to.
couple driving hope
I hope they don't end up driving cabs in a couple days.
accelerate cause correction jump looking lower market markets using
Inescapably, you're going to see lower prices. I think the market is using this to accelerate what it already started, a correction But I don't think you're looking at the Big One. This is not a cause to jump out of a window. Markets do go down.
enamored stocks technology
I am not enamored with technology stocks at all right now.
average caution great jones market mean rise seen terrible
I don't think the market can go much higher, and I don't think the Dow Jones average will immediately go to 10,000 or anything like that. I think we've seen the great rise. That doesn't mean we're going to see a terrible decline, but I think the great rise is over and caution is the word.
market near reason
The market has very little reason to do anything but go up in the near term.
area cause company competition cost eve raises suspicious utility
I would by very suspicious of any utility company that raises a dividend. We're on the eve of deregulation, and that will cause competition in the area that is going to cost a fortune.
bear entering less market secondary stocks thesis unpopular
My thesis is not we're entering a bear market, we're entering a new kind of market. We're entering a market where the secondary stocks, which have less risks, and unpopular stocks will probably do very well.