Jack Baker Quotes

They tried to mount a rally on hopes that a delay in the [Iraq] deadline would help, but I don't see how it would. This war is going to happen. It's just a matter of when. The deepness of the problem with the stock market right now is much more rooted in the economy and fundamentals than anything else. - Jack Baker

They made a lot of money and Sibley got into agriculture - his first love - and began grafting, seed testing and raising horses. He created such a good stock of trotting horses and Jersey cattle that they would set records across the country. ...He had a great affection for that, which came from the soil. - Jack Baker

There's nothing fundamental going on in our market... Anything that happens in the market these days has to come out of left field. And this is out of left field. - Jack Baker

There's hardly anyone here and the market is highly susceptible to rumors and any other kind of news. At any given time, you could see a move in either direction of 100 points or more and it doesn't signal a change in direction. - Jack Baker

There's going to be nervousness for the next few weeks. From an historical perspective, September tends to be one of the worst months. In addition, you have a lot of people moving off to the sidelines ahead of September 11. - Jack Baker

There are so many clouds over the market. I don't see any short-term way out of this mess. Some people are calling for not only a test of the October lows, but for possibly falling below the October lows once we start shooting. - Jack Baker

The stock of course, in light of that news up 5 or 6 points this week... But we still like the stock a lot, and on any pullback we'd be a buyer. - Jack Baker

The political situation starts to cool a little, but then we get the Ashcroft news and the market freaks out. - Jack Baker

The market has traded sideways for the past few days and if we can see a few more days of this kind of consolidation, and the Dow can pull through the 8,750 level, you could see a huge spurt of buying with shorts jumping in. The Dow could easily hit 9,000. - Jack Baker

The guys who made the big bets the Fed would cut today were absolutely wrong. - Jack Baker

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