151 Quotes by Alan Ackerman

The public is in a semi-shocked state and cash remains on the sidelines on Wall Street despite everything being on sale, ... The main downside pressure seems to be continued earnings disappointments in the tech sector and we had downgrades today that were troublesome.

Warren Buffett has shown the ability to endure. He hasn't lost his touch.

Events like this bring things to a halt and raise a level of shock that is difficult to describe, ... This is a huge catastrophe and it's one that has no parallel in history.

Earnings warnings continue to dent confidence and the price of individual issues, ... This is a market that's nasty and negative. It's difficult to divine if we're reaching a bottom or not.

Enron's quick collapse touched off more aggressiveness by regulators and prompted them to dig more deeply into executive dealings.

Earnings, by and large, are what investors are hanging their hats on, ... Some earnings improvements have prompted some optimism, but we'll know more about that next week.

Essentially we're just completing a week where there appears to be some market stabilization starting to surface,

Even if a trading halt were put in, it might be 'something to do about nothing,' ... This is an orderly drop, rather than one filled with panic.

There's so much doubt out there ahead of this three-day weekend that many players are just selling into the market -- taking their cash and moving to the sidelines,