More - Ralph Acampora Quotes

The year-end rally looked terrific in November, but it's been disappointing in December.

Ralph Acampora

 

In technology, I think I would go with the big ones. I'd go with IBM ( IBM : Research , Estimates ). That would be my first pick in the technology area.

Ralph Acampora

 Research

the bull market is only 3 months old. . . . We're in the early stages of something that's going to last a long, long time.

Ralph Acampora

 

At this very early stage of an attempt to put in important lows, we cannot rule out additional setbacks and volatility. Normally, time and price stabilization are necessary for the market to put in a meaningful bottom - the backing and filling that is currently taking place is part of this process.

Ralph Acampora

 

Price is fact. Earnings on the other hand are estimates. You restate earnings. You never restate price.

Ralph Acampora

 Earnings

If you're a trader, I'd be concerned because you might be too late on some stocks, but if you're an investor, start to participate. And if you can't do it yourself, get a good mutual fund and have a long term view. This country, the stocks, corporate America, are going to go a lot higher over the next five to ten years.

Ralph Acampora

 

I just want to tell everybody, don't expect tech stocks to go back to the old highs.

Ralph Acampora

 

The thing that really impresses me the most is that this market's broadening out. You have not only blue chips, you have small and mid-cap names. You have all sorts of industries. This is exactly what you want.

Ralph Acampora

 

I think there are going to be a lot of bumps along the way,

Ralph Acampora

 

Abby's done a great job, ... I think she's fine-tuning it a little bit.

Ralph Acampora