What makes a bull market live is rotation, and we have the rotation.
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
If you're a trader, I'd be concerned because you might be too late on some stocks, but if you're an investor, start to participate. And if you can't do it yourself, get a good mutual fund and have a long term view. This country, the stocks, corporate America, are going to go a lot higher over the next five to ten years.
Ralph Acampora
Sentiment can change overnight. Good news is good news again.
Ralph Acampora
Tomorrow's employment report is critical for the market. Investors are hanging on every number that we get. Anything to do with consumer spending is key because consumers have been supporting the economy.
Ralph Acampora
The good news about the market's July to September 1998 decline is that so far it has created quite a bit of value, especially in the large capitalization area. It is now time for those who have a long term perspective to start picking through the rubble of the past several months and identify those groups and stocks that hopefully will bottom out in the weeks ahead and will become new investment vehicles. Start your search now.
Ralph Acampora
I think quite often when you get to a round number you have a lot of anxiety. This backing off is healthy. It takes some of the enthusiasm out.
Ralph Acampora
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The beautiful seems right by force of beauty, and the feeble wrong because of weakness.Virginia Woolf
No human being will ever know the Truth, for even if they happen to say it by chance, they would not even known they had done so.
Xenophanes
If I hadn't done this I might have ended up digging the roads.
Dylan Moran