Larry Wachtel Quotes


19 Larry Wachtel quotes:



"I'm amazed at how well the market has held. This sideways action shows a very strong market."
Author: Wachtel Quotes Category: Action Quotes
"For Warner-Lambert shareholders, the danger is that Pfizer takes its marbles and goes home. But the potential reward is that you can get [the deal] for a higher price."
Author: Wachtel Quotes Category: Danger Quotes
"Rising rates won't hurt the new techies, but they might impact the 'old economy' customers,"
"However, given that the volume yesterday was almost at the lowest level of the year, caution prevails. I can promise a decent opening but it's still a bell to bell story."
Author: Wachtel Quotes Category: Caution Quotes
"A lot of the market is beginning to resist the downside because it's already been hurt so badly. That's what I think will be the primary factor next week."
Author: Wachtel Quotes Category: Beginning Quotes
"The Microsoft delay has hurt the Nasdaq and will reverberate throughout all of technology. That will be today's big headline. We closed ragged yesterday, so we're going to have a tired market to start."
Author: Wachtel Quotes Category: Delay Quotes
"I don't know that money managers controlling billions of dollars are going to make major choices based on this minor development,"
Author: Wachtel Quotes Category: Choice Quotes
"The earnings numbers are still respectable, but they are softening. The psychology is that you can't make projections about future earnings without having some sense about where the price of oil is going and what the consumer will do."
Author: Wachtel Quotes Category: Future Quotes
"However, the history of the stock market is that everyone sells into the strength. So I'll be taking it one hour at a time. I'm in a show-me mood today."
Author: Wachtel Quotes Category: History Quotes
"Cyclical stocks are helping the Dow today, ... Morgan Stanley upgraded some chemical stocks and that's giving cyclical stocks -- paper, chemicals -- a boost."
Author: Wachtel Quotes Category: Giving Quotes
"[Calling August a] hazy, hot and hateful month, ... TGIO — thank God it's over."
Author: Wachtel Quotes Category: God Quotes
"The bottom line is really the bottom line [on income statements] in the stock market and earnings just don't look good. The jobs data wasn't terrible but the economy has run into a wall. Basically, there's nothing to churn the market to the upside. And another 800-pound gorilla in the room is Iraq."
Author: Wachtel Quotes Category: Income Quotes
"When you see this kind of quick move, that's a mechanical sell program from one of the brokerages."
Author: Wachtel Quotes Category: Kindness Quotes
"I also like Tandy ( TAN : Research , Estimates ). They sell all the electronic gear that is so exciting on the dip."
Author: Wachtel Quotes Category: Research Quotes
"I think the Dow is going to be under a little bit of short-term pressure, particularly with technology under a bit of a cloud. But I see it as a temporary situation."
Author: Wachtel Quotes Category: Technology Quotes
"In technology, I think the semiconductors, semiconductor equipment makers, and the companies that sell you electronic gear look attractive."
Author: Wachtel Quotes Category: Technology Quotes
"be the leaders for now."
"When you see this kind of quick move, that's a mechanical sell program from one of the brokerages,"
Author: Wachtel Quotes Category: Kindness Quotes
"On Friday, we had a ratio of 12 to 1 of losers to winners. That's the worst performance since 1997. We also had over 3,000 declining issues. This shows real weakness."



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