47 Quotes by Richard Cripps

Good earning growth. Next year, their earnings will be about $1.90 (per share). That's just 10 times this year's current stock price.

There are no signs here that give you the impression that the selling pressure has bottomed. There's just not a lot of conviction out there.

There is an underlying bullish tone. We continue to see the action on the downside, in terms of force, to be not as great as what it's been on the upside. (The reports) didn't really change anything.

This was a good, constructive quarter. The market overcame two problem areas: the Fed raising interest rates and high oil prices.

Keep in mind most people are now working into the next quarter. The window dressing that has been powering the market may be gone.

I think it's more a result of a fear of buyers being left behind.

I think (the market) needs the ECI price deflator numbers coming in at acceptable levels, meaning that they don't raise the fear of inflation, it needs the Fed not raising interest rates in August and as we move toward the fall, continuing signs that the economy is moderating and that inflation is low.

I think you are near (capitulation) at the moment and you are getting close to the bottom. Technology stocks are driven on the expectation and we're in a period now where expectations are being lowered. What you'll have happen is stocks will react to the fact that expectations are too low.

I think that the correction that we've seen in the market averages, in the Nasdaq, is probably reflecting an inflection point for the equity market that's going to be not as focused on technology. It's going to be shifting more into the broader segments of the equity market.