Quotes by Marshall Acuff

“The market continues to be uncertain about the underlying leadership after many years of being used to the big-cap stocks leading. Were also somewhat nervous about the earnings.”

“The reality is that as we enter the new year, the big caps continue to dominate the market as they have for almost two years now.”

“Now reality is beginning to sink in -- that Asia is basically a long-term workout. I really dont see much relief from Asia for quite a while. I think well get tired of hearing about Asia before the year is over, but its really earnings thats key. Its growth thats really the issue.”

“The market is on inflation watch.”

“The issue with technology is, its -- by definition -- change. You cant just go to sleep and say Im going to forget it for 20 years.”

“There is life outside the high-tech.”

“Unfortunately, earnings growth expectations are still too high. We continue to learn about that.”

“It feels uncomfortable. It is uneasy. Were not used to this situation in the market. But, after all, this is the much-awaited correction that many people have been looking for in recent years.”

“You are seeing a broadening out of the market that we had not seen going from the 9,000 to 10,000 mark. This is a much more egalitarian market and thats a healthy development. It suggests a more sustainable market over time.”

“Im not sure that were going to see the market run straight up as it seemed to be doing in the first quarter. There are going to be episodes when we feel better, as we do today, and there are going to be episodes like this whole week ago, when we feel uneasy.”