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Quotations
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Jim Melcher Quotes
«I think the market is at a balance point here and that we are likely to drift over the short run.»
Author: Jim Melcher
«It's going to be a rocky road going forward. You're going to have to work for your money.»
Author: Jim Melcher
«What we have is a very small marginal edge of a positive view on this. Wall Street is cynical.»
Author: Jim Melcher
«This rally could easily be a strong rally in a bear market. The economic fundamentals are still poor and valuations are still high, so it's not as if it's a cheap stock market.»
Author: Jim Melcher
«It just keeps pumping out the earnings, an excellently managed company,»
Author: Jim Melcher
«We've got deteriorating economic fundamentals still. We're probably in a mild recession, but the question is will the consumer keep buying and will the investor keep buying stocks.»
Author: Jim Melcher
«Something like this news is the sort of catalyst that ought to spark a terrific rally now, but the question is will it sustain itself? And that's not at all clear. Certainly in '98 when the Fed did this you had a rally that lasted a year or two. I think we're going into a rally right now,»
Author: Jim Melcher
«Valuations for stocks are still high,»
Author: Jim Melcher
«When you get a move like that in the last few days, it tends to continue. A [single] Fed rate hike isn't going to stop this market - it's not enough. The question is will the Fed keep raising rates until the market corrects itself.»
Author: Jim Melcher
«That's the question of the day: is it sustainable,»
Author: Jim Melcher
