Ralph Acampora Quotations

Abby's done a great job, ... I think she's fine-tuning it a little bit.

Unfortunately, what has precipitated this decline is a real fear of interest rates rising. Personally and professionally, I think interest rates go a little higher than most people expect and until that happens, until we see the end of that fear, I think the market between now and the end of June is going to be very, very nervous.

What makes a bull market live is rotation, and we have the rotation.

I think we could have a spillover effect.

There's a lot of uncertainty going into the end of the year.

In technology, I think I would go with the big ones. I'd go with IBM ( IBM : Research , Estimates ). That would be my first pick in the technology area.

Many comparisons have been made with the markets of the 1950s and 1960s. If you go back in history you climb a wall of worry. The price action we are seeing today is actually normal action in a bull market.

Price is fact. Earnings on the other hand are estimates. You restate earnings. You never restate price.

The thing that's very, very impressive is the quality of the stocks that are driving this. It's a very narrow list, but a very beautiful list.

The thing that really impresses me the most is that this market's broadening out. You have not only blue chips, you have small and mid-cap names. You have all sorts of industries. This is exactly what you want.