27 Quotes by Jim Melcher

It's amazing the market is holding up as well as it is, considering that oil prices are at a record.

I'm not worried about 8,000 hedge funds, ... I'm worried about 400 or 500 of them ? that's what could start the ball rolling down the hill. While most hedge fund managers are pretty smart and knowledgeable, it doesn't take too many to start a rout. One nervous cow and you could start a stampede.

If people think they're going to lose their retirement savings, they're going to pull out real fast and that's the danger of the market.

If you get foreigners moving money out of U.S. Treasuries in a quick way, then you are talking about interest rates moving up quite a bit, maybe 150 basis points.

I think odds are we'll move higher in the week ahead. There's a lot of liquidity, it's what's buoying the markets, it's what's distorting the market, and it tends to move prices up.

However, we're moving into a slower time for money flows in March and April.

The markets are concerned that robust growth in the U.S. will eventually lead to inflation and actions by the Fed.

The market is optimistic, and that's helping to sustain it right now. But we don't really know the full financial outcome of these two hurricanes, and we may not for a while. That uncertainty is weighing on sentiment.

the market is, and has been, for the last five years driven by about the same 100 companies, but if you could see money moving down to the broader market, we've got some real values, a lot of good companies selling really cheap.