Bernie Schaeffer Quotes

When 10,000 comes along, people will say, hey, we dipped to 8,062, we're back to that big number, and maybe now it's time for me to take some profits. - Bernie Schaeffer

We're in a frenetic short-covering based rally. The jury is still out about how long this is going to last. - Bernie Schaeffer

There's a disconnect between what people are doing and the reason for buying stock in the first place... Why are you risking your money if you're not expecting, potentially, some very attractive appreciation down the road? - Bernie Schaeffer

There have been so many people that have been waiting so long for this. - Bernie Schaeffer

There are already signs of a substantial reduction in these flows so far. - Bernie Schaeffer

The most popular price level that everybody thinks of is 10,000 because it's such a round number and these very significant round numbers very often have a lot of clout in terms of being difficult to penetrate in any direction. - Bernie Schaeffer

Stay fully invested, stay involved in the technology sector. - Bernie Schaeffer

My feeling is that an upside break will be a head fake and a downside break will lead to a major decline that will likely test the September 2001 lows. - Bernie Schaeffer

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