Lou Ehrenkrantz Quotations

The market has very little reason to do anything but go up in the near term.

When you drop a ball from the top of a building it will bounce a couple of times.

I am not enamored with technology stocks at all right now.

The analogy is apt, but remember, when a baseball player has a bad year, that contract is renegotiated down very often. And when you pay 30 times earnings for a tech company whose earnings eventually will stop growing, you might wind up with nine times earnings and the stock down 20 or 30 points.

The worst is over but the most painful part is yet to come.

It's like a car shifting gears. We're looking at a massive change in the market. Now, as far as my eye can see, you're going to see small cap stocks as the way to go.

My thesis is not we're entering a bear market, we're entering a new kind of market. We're entering a market where the secondary stocks, which have less risks, and unpopular stocks will probably do very well.

I would by very suspicious of any utility company that raises a dividend. We're on the eve of deregulation, and that will cause competition in the area that is going to cost a fortune.

You look for undervalued stocks by looking at industries that have been overlooked.

The volatility will not end. It will exacerbate. ... Everything in the world happens faster than it used to.