Alan Skrainka Year Quotations

Over the last six years, we have experienced the largest drop in price/earnings ratios in the history of the U.S. stock market, going back to 1871. 2006 has the potential to be a great year for stock investors.

We feel we can do a service to our customers if we just get the overall trend right. We don't really practice technical analysis or try to guess the price points next week. But the trend does look like it's higher, because the Fed now is probably shifting into neutral earnings are very strong. And because the Fed acted promptly they ensured we would have another year of solid growth next year. That is what the market is anticipating.

Technology is still the fastest growing segment of the US economy. Earnings are growing at 20-30 percent year over year, and US companies lead the world in almost every major category.

Albertson's is truly a value stock, the third-largest grocery chain, with a very stable predictable business with 29 years of higher earnings. The stock was really clobbered since they announced a merger last year that didn't quite work out. But it's still a wonderful company, at 10 times earnings.

The market has done well in the year following a recession. We think the recession has ended.