Al Goldman Good Quotations

My feeling is the economy is going to slow, either on its own or by the Fed. If you think interest rates are going to be raised steadily, that's not good for anybody, but a modest increase does not hurt technology.

On one side, we've got pretty good economic fundamentals. On the either side, we have all the problems that are keeping everybody depressed -- Iraq, Iran, the price of oil.

People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines. The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors.

We can't expect it to dance all night like it did three or four years ago. It's not a teenager anymore. But it's still a bull based on good fundamentals.

We sense that the sell-off is behind us and the market has the preconditions in place for a pretty good year-end rally, ... It's not going to be fabulous because we've already done an awful lot since Sept. 11.

Wall Street likes it when Uncle Sam stands tall. Wall Street likes a little war when we're in the right. It makes us feel good about our country and ourselves.

We've had a dramatic rally this year, and we're getting a normal pause today. The companies that are pulling back are the ones that have had very good runs. So far, that's the message of the market.

Earlier this year, home-builder stocks were going up like Superman. Today's drop in the home sales report provided a good excuse for managers to finally sell those stocks and lock in some profits.

Fluctuation is normal after a run-up. The economic news is not good and it's not going to be good for a while, but we are in recovery mode.

After our selling climax on Friday, we've had a couple pretty good days that brought in cash aggressively off the sidelines. This market is just acting better because of its own internal devices, not because of any specific development. There's good value and money coming in, which is impressive.

The big change in this market the last month or so has been a mood shift from 'the glass is half empty' to 'the glass is half full', and that's why we've had a good rally and a very modest time-out to catch our breath.

The market hates surprises. But we believe the odds substantially favor that the Fed will not raise interest rates next week, and that the market will take that as some degree of relief, unless they say something nasty. But basically we think we're into a good summer rally.

The economy is showing definite signs of slowing down to a healthier rate of expansion. I think the reason, good or bad, could be laid at the feet of the Fed.

The futures are flat this morning. We've had eight days of a good rally. The short-term momentum is still up for Wall Street but stocks are looking extended.

The market was subject to a very normal pause to refresh. Why not ? Bonds have been up big. The market had been up big. We were vulnerable to good news, bad news, no news. The underlying bull market remains very positive.

The market has done a good job of ignoring signs we have bottomed. That's more a ghost of the bear market than any disbelief in the numbers. A dog that's mistreated doesn't trust a hand extended in kindness. This will change.

The market has done a good job of ignoring signs we have bottomed, ... That's more a ghost of the bear market than any disbelief in the numbers. A dog that's mistreated doesn't trust a hand extended in kindness. This will change.

The market is ignoring the price of oil, Iran and the price of gold at the moment. Investors are focusing on the good and ignoring the bad. Lately, that hasn't been the case. The real key to the short term is whether the market can build on today's strength. I'm optimistic but nervous.