Larry Wachtel Quotes

We may have gotten overbought a little. We are probably going to see a pullback in the next few days.

- Larry Wachtel

Tags

Overbought | Pullback | Days |

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We will be challenged by fourth-quarter earnings. - Larry Wachtel

Getting back to inflation, it is important to note that the producer price Index does not reflect wage pressures -- and that is where the inflation threat really lies. - Larry Wachtel

The bottom line is really the bottom line [on income statements] in the stock market and earnings just don't look good. The jobs data wasn't terrible but the economy has run into a wall. Basically, there's nothing to churn the market to the upside. And another 800-pound gorilla in the room is Iraq. - Larry Wachtel