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Jack Baker Quotes

Found 87 quotes by Jack Baker .
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"They tried to mount a rally on hopes that a delay in the [Iraq] deadline would help, but I don't see how it would. This war is going to happen. It's just a matter of when. The deepness of the problem with the stock market right now is much more rooted in the economy and fundamentals than anything else."

Jack Baker

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Delay

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"I still think we're heading higher. The long-term types like me should sit tight. I don't really see any major problems. The only thing I don't like, of course, is still the narrowness of the advance. But, on the other hand, the Russell hit another high."

Jack Baker

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"Until earnings and forecasts start turning around, we are going to stay stuck in this tight trading range. There is no incentive for buyers to get back in the market."

Jack Baker

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Earnings

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"We also like, believe it or not, Morgan Stanley, which is our top pick in the brokerage field, although they may have another quarter and some stuff to wade through. It's selling at a very steep discount to the group. It's our top pick,"

Jack Baker

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"I keep saying it -- sell these rallies, ... There are too many clouds out there. There's no chance for this market in the near term. It makes no sense to make new commitments."

Jack Baker

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"This is indiscriminate selling. It has nothing to do with fundamentals. Everybody has forgotten about the long term; nobody is even looking past next week."

Jack Baker

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"If we're held hostage to this stuff on a daily basis, we're never going to get out of this rut, ... I've been very bearish, but I think it's time to start turning the corner a little bit. If you have guts and some staying power, I would put some money to work."

Jack Baker

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"They made a lot of money and Sibley got into agriculture - his first love - and began grafting, seed testing and raising horses. He created such a good stock of trotting horses and Jersey cattle that they would set records across the country. ...He had a great affection for that, which came from the soil."

Jack Baker

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"I think Greenspan is setting the market up for something much more palatable. If you get the Dow back to 6,500 or 6,600, and you take that real speculation out of the marketplace, people are going to receive the rate rise better. I think the market has a chance to rally after that."

Jack Baker

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Market

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"[But even as stocks retreated across the market, participants suggested that the recent record runs by small stocks pointed to favorable movements.] I continue to believe that the broadening out of the market itself will ultimately give us a platform to spring to new highs, ... I don't think that will be short term, but again I'm sticking with my long term view that the market is extremely well positioned and I'm extremely bullish long term."

Jack Baker

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"[Despite the selling, traders appeared fairly optimistic, many attributing the day's decline to investors pulling out profits after recent record session.] I see the flow of funds still exceptionally favorable for the stock market, ... 8,000 is my number. We should be there in the next week or two."

Jack Baker

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"Cleveland backed the gold standard, which detractors believed hurt the farmers and small business owners. Sibley did not support that...(and) had the wherewithal to stand up in Congress and tell the president he was wrong."

Jack Baker

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Business

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"Sibley was a representative of rural Pennsylvania with roots deep in the local soil. His innovative techniques on his farm along the Allegheny River gained worldwide attention. This is a man who had a significant amount of influence from our area."

Jack Baker

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"For the most part, if they are nonindigenous to the state and they're not endangered or threatened, they're not regulated, ... Most of it is going to fall between the cracks. If it's not indigenous to the state, then it's up to the county or the city to invoke ordinances."

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"One of the events was a free day at Monarch Park where Sibley brought in all the food, costing thousands of dollars. Plus, there might have been some people paid to vote."

Jack Baker

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