27 Quotes by John Bollinger
- Author John Bollinger
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The seasonal patterns are very clear and they can be a good guide. 'Sell in May and go away' is generally correct, but not absolutely so.
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The stock market has been going sideways for a very long time now, and it looks to me like it will continue to do so.
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These massive market consolidations are caused by massive overvaluation. What happens is the market pauses and waits for earnings to catch up. It does that by going sideways.
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Technical analysis works precisely because people look at it. And if people care, I care.
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The mutual fund scandal is a bigger deal than anyone thinks right now. There's real turmoil in the mutual fund world. You don't take down a fund group like Putnam without creating a tremendous amount of angst and uncertainty.
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This is typically when important market bottoms are built. But I'm sitting back and waiting to be shown.
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Investors are now realizing that their (worst fears) were overblown.
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I put on some shorts going into the close, ... It seemed like a good idea -- the market had simply gone too far, too fast.
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You could characterize me as a very nervous bull. I think the market is running out of steam.
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