the market is, and has been, for the last five years driven by about the same 100 companies, but if you could see money moving down to the broader market, we've got some real values, a lot of good companies selling really cheap.
More Quotes from Jim Melcher:
This is the greatest stock-buying mania of all-time, people are buying stocks, they're buying blue chips, with no regard to value. In this respect, it's similar to 1929. People believe that as long as you're buying, everything's fine. This is a dangerous market, you should make no mistake about that.Jim Melcher
I think the market is at a balance point here and that we are likely to drift over the short run.
Jim Melcher
PPI has been rising, but retailers and manufacturers haven't raised prices yet, because there is too much cheap foreign competition, ... If you see CPI move up, that could upset stocks.
Jim Melcher
It just keeps pumping out the earnings, an excellently managed company,
Jim Melcher
It's useful to have a statewide apparatus to make connections. Otherwise, there are a lot of obstacles.
Jim Melcher
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