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More - Al Goldman Quotes

(Intel) is down but not out. We have a very nervous market and it's the dog days of summer, ... We are short-term overbought so we're giving some of it back with the excuse being Intel. - Al Goldman Quotes

(Intel) is down but not out. We have a very nervous market and it's the dog days of summer, ... We are short-term overbought so we're giving some of it back with the excuse being Intel.

A number of the high tech names are getting smacked real good. It was already a market where investors were nervous already. With the darlings getting hit, that raises the anxiety level. - Al Goldman Quotes

A number of the high tech names are getting smacked real good. It was already a market where investors were nervous already. With the darlings getting hit, that raises the anxiety level.

We're already in a bear market for small- and mid-cap stocks. Big caps have been in a Super Bowl market and we are correcting that. - Al Goldman Quotes

We're already in a bear market for small- and mid-cap stocks. Big caps have been in a Super Bowl market and we are correcting that.

When you throw rotten tomatoes at a queen bee like Cisco, it splashes over on everyone else. - Al Goldman Quotes

When you throw rotten tomatoes at a queen bee like Cisco, it splashes over on everyone else.

The bottom line is the market ran too far too fast, and we have to remove the excesses. Believe it or not, although corrections are no fun, they do improve the health of the long-term bull market. - Al Goldman Quotes

The bottom line is the market ran too far too fast, and we have to remove the excesses. Believe it or not, although corrections are no fun, they do improve the health of the long-term bull market.

The market is going to take a pause to refresh, - Al Goldman Quotes

The market is going to take a pause to refresh,

The market is a discounting mechanism and typically looks six-to-nine months ahead. But now everyone is so shook up they're not willing to look beyond the end of their nose. What we need is a mood shift, and they (investors) got no supportive therapy from the Fed yesterday (Tuesday). - Al Goldman Quotes

The market is a discounting mechanism and typically looks six-to-nine months ahead. But now everyone is so shook up they're not willing to look beyond the end of their nose. What we need is a mood shift, and they (investors) got no supportive therapy from the Fed yesterday (Tuesday).

Drug companies are being hit by the Merck trial. But since their valuations are still cheap, we might see a sharp rebound in their stock prices soon. - Al Goldman Quotes

Drug companies are being hit by the Merck trial. But since their valuations are still cheap, we might see a sharp rebound in their stock prices soon.

This morning's economic numbers were friendly for stocks, - Al Goldman Quotes

This morning's economic numbers were friendly for stocks,

The productivity number came in better than expected and there were fewer jobless claims than forecast. - Al Goldman Quotes

The productivity number came in better than expected and there were fewer jobless claims than forecast.

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