12 Quotes by Chuck Carlson

Most people are willy-nilly with their approach, ... They follow the trends. They buy what is popular. They listen to a hot tip from friends. They don't do much research. But if you are never sure why you buy anything in the first place, then you can get into trouble. ... You need to take the emotions out of it.

I think the people at Dow would have to acknowledge that there is something to the Internet,

I think the bullish case is emboldened by the fact that, despite a lot of reasons, investors just haven't been willing to sell stocks en masse yet, ... Had someone told you 18 months ago that oil would reach $70 a barrel and gas would be $3.00 plus for a gallon, and the Dow Transports would only be 200 points off their all-time highs, you would have never believed it.

There has been turnover of more than a third of the companies in the past few years. I don't think there is any pressing need to make more changes right now.

This thing has come pretty far, pretty fast.

There's increased speculation that the Fed will be cutting interest rates between meetings.

There's going to be a realization that corporate profits will be improving.

Rarely does the market lay out such clean parameters, ... Indeed, if you want to make a bullish bet, you can buy here, but you also have a clear point on the downside to close out positions should the market turn bearish.

The big question is whether (the gains of April) were the beginning of a sustainable rally. My sense is it's probably too soon for that.