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Alan Ackerman  Quotes
It’s the higher multiples that have put off buyers for now, … If the economy slows, it will affect technology stocks.

—Alan Ackerman

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Economy
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The market story today is essentially Cisco. It’s pulling lots of other stocks down,

—Alan Ackerman

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My sense is that the market is responding to the possibility that a meaningful economic stimulus package will be in place soon that will at least shore up some of the shortfall in capital spending,

—Alan Ackerman

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There seems to be those who believe that there are more and more signs that the economy is shaking off its slump,

—Alan Ackerman

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Economy
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The market next week is anybody’s guess. World nations are watching the United States.

—Alan Ackerman

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Nations
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Bargain hunters are surfacing today. The feeling going into next year is the economy is going to slow down.

—Alan Ackerman

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Economy
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My current suggestion is to let the dust settle and look for buying opportunities, … One of my favorites is Pfizer.

—Alan Ackerman

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It will take some type of catalyst to turn this market. One can’t be sure what that will be or when we will see it. Meanwhile, valuations are contracting significantly and my sense is that...

—Alan Ackerman

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I think there’s some concern with the fact that GE is a tough ship to turn around overnight, and that GE’s overall picture still remains attractive, but not overly so,

—Alan Ackerman

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There are continued uncertainties, … The U.S. economy is slowing and commensurate with that is slowing consumer spending and corporate spending.

—Alan Ackerman

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Economy
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I think we’ve been in a type of correction since mid-June.

—Alan Ackerman

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Correction
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[The U.S. Treasury auction schedule, which continues Wednesday with the sale of five-year notes,] is seen as a hurdle, … in a profit-taking mode.

—Alan Ackerman

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At current levels, we run the risk of profit taking and earnings disappointments.

—Alan Ackerman

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I think it’s bottom-fishing from an oversold condition.

—Alan Ackerman

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Fishing
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What’s driving this is techs have gone from terrific to terrible,

—Alan Ackerman

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