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Letter "J" » Joseph Battipaglia Quotes
«There's a strong forward look for consumption,»
«Going into this week, there were a lot of expectations that the tech stocks would deliver good numbers. As those numbers come out it's not surprising that there would be some profit taking. It's a temporary phenomenon.»
«The market anticipated a very weak third quarter. There was concern this would roll over into an on-going problem. Once we have evidence that it is not and the third quarter comes in a little better than expected, that will be the basis for the next leg up,»
«When you look at how the market is trading, the big cap names in the right sectors are leading the market,»
«As long as the fundamental conditions continue to come on the way they have been ... the profits roll on. And if profits roll on, investors will have to pay more for those earnings, because their alternative investments are limited.»
«The economy has proved itself to be vibrant. Inflation is clearly in the bottle. The dollar is back on track. Japan is struggling again. The Europeans want to get out of recession. Rates don't go up in that environment. We've got a market that is going to go off of earnings with a lot of positive momentum and start to hit new highs.»
«I'd have to see some significant production cuts and some pain from the producers before I would even take a nibble at it.»
«One of the most extraordinary things about technology stocks is that they're the first ones to crack under any pressure in the marketplace. Investors wax from enthusiasm to extreme distress very quickly with that group more than any other.»
«The market can correct here and work its way down to 7,500. But it's all in the context of proper valuations and a broadening process that will include small and mid-cap stocks.»
«I think you have a lot of people reluctant to make commitments ahead of that payroll number,»

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