92 Quotes by Michael Carty

Sentiment, generally, is the big problem now. Even as market fundamentals are starting to improve, people are reluctant to buy,

Some bears had implied that rates will rise by 50 basis points tomorrow, and some people were a bit worried about that.

If a company is so sure that their stock is a bargain that they're willing to buy it back, that's reassuring.

Today, American Power Conversion Corp., woke us up with a fairly bad report, and I think that's what's been keeping everybody bothered,

I think the markets are basically making time as a result of the Iraq situation. The negatives are being played up, and the positive things not absorbed. With a modest resolution to some of these things we might see a market rally.

I think the market came down over the last few days and is recovering now, and that recovery can probably continue through the end of the week.

I think the energy prices are going to overhang us for a while, maybe a good long while. It's looking like there's going to be a problem with fuel prices again, and the markets are concerned the consumer is going to be tapped out by the end of the year.

I think we're seeing investors being convinced that we hit the bottom and from here we'll go through some softening of the economy. But if we're going to get back into the market, we want to do it now because the market is a leading indicator.

I think a couple quarters down the road, the worst will be over. This is a terribly oversold market and it is undervalued.