21 Quotes by Marshall Acuff

We're going to get to a point where the market is going to stabilize. Keep in mind that really what's going on is that we're taking excess out of the market, and we're doing it in a relatively orderly fashion. In the long term, I think this is very healthy for the overall market. I would call it a period of rebalancing.

The reality is that as we enter the new year, the big caps continue to dominate the market as they have for almost two years now.

More and more folks are pushing money towards the larger caps, maybe the mid caps as well, but they're valuing liquidity much more highly.

Now reality is beginning to sink in -- that Asia is basically a long-term workout. I really don't see much relief from Asia for quite a while. I think we'll get tired of hearing about Asia before the year is over, but it's really earnings that's key. It's growth that's really the issue.

I expect the key is the Fed continues to tighten credit as we go forward. What this is going to mean for the profit picture is more critical for stocks.

We may still have some bumpiness here for a while.

I think this could go on for another year or more. There is no short-term resolution of the major issues in sight.

I think there is a 40 percent possibility that we will hit a recession next year.

It feels uncomfortable. It is uneasy. We're not used to this situation in the market. But, after all, this is the much-awaited correction that many people have been looking for in recent years.