We've been bullish for a little over two years. What was in place for two years is still in place blue chip leadership and the flow of funds.
More Quotes from Ralph Acampora:
Time is one of the important things to me as an analyst, and this rally is long in the tooth. And if interest rates climb above 4.8 percent, this market could stop on a dime.Ralph Acampora
I'm trying to tell people now that 10,000 is no longer the ceiling. I think it's the floor for the market over the next 5 to 10 years.
Ralph Acampora
What makes a bull market live is rotation, and we have the rotation.
Ralph Acampora
You'd hate to think that one person could do this. But I think the popularity of business shows, and all the media attention that trading activity gets, I guess comments by market strategists becomes a little bit of a catalyst.
Ralph Acampora
Sentiment can change overnight. Good news is good news again.
Ralph Acampora
Expect more of the same choppy activity as the Dow meanders around the 10,000 level. Unfortunately, the leadership is expected to remain very narrow as the negative (market) breadth problem continues.
Ralph Acampora
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Based on Topics: Place QuotesThe rational mind of man is a shallow thing, a shore upon a continent of the irrational, wherein thin colonies of reason have settled amid a savage world.
Wilford O. Cross
I spend eight months outlining and researching the novel before I begin to write a single word of the prose.
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Fascism is a religious concept.
Benito Mussolini