Alan Ackerman Quotes

We've seen natural gas and energy prices back down... There certainly is no indication that the inventories for oil or natural gas are building in any meaningful way. If OPEC should cut production, we're going to see a rise in oil prices. - Alan Ackerman

We've had a decided turn from flights of fantasy to a return to reality in terms of valuations... They are pressured by high price-to-earnings ratios and ongoing (interest) rate hike concerns. - Alan Ackerman

We've got to be wary of the four T's: tech, telecom, terrorism and timidity... We're also in the summer stall. No one is eager to move in. There's a real lack of conviction. - Alan Ackerman

We're still three-to-four weeks away from second-quarter earnings reports and there's nothing really to light a candle under stocks. - Alan Ackerman

We're still early in the game. I think what we saw was a rally that we've seen before over the last few years. We've had big one-day rallies that didn't really show any sustainability -- so my hope is that the market will hold here. - Alan Ackerman

We're starting to find that investors in particular are measuring their risks carefully and are not afraid to put their money to work at this time. - Alan Ackerman

We're seeing strength in technology and current optimism is based upon inventories worked down -- even Motorola indicated they're making progress in that direction... Techs are doing well and people will be combing their lists of stocks to buy for the long-term, but it's going to be a highly selective process. - Alan Ackerman

We're in a period when capital spending has slowed to a waltz, corporate profitability is hardly visible, and balance sheets are just inundated with debt ? that's not a comfortable picture. Each day is a new adventure in the market. There's lots of money on the sidelines but no willingness to commit. - Alan Ackerman

We're in a light week that's light on news, light on earnings and light on volume... Most of the attention is focused on Cisco. The techs have been sprightly but they've left a bit to be desired. - Alan Ackerman

We're carefully watching OPEC. The indication is that crude production, crude daily output is likely to be cut a million to a million and a half barrels. - Alan Ackerman

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