47 Quotes by Richard Cripps

Between October and March, the Nasdaq has almost doubled in price. Even these companies that have been cut in half are still three or four times more than they were a year ago.

And while you are waiting, you get a 3 percent yield and one of the strongest balance sheets in corporate America.

Putting it in context, it wasn't a great display of bullishness one would assume.

Probably in the short term we're a little ahead of ourselves. We don't have any earnings visibility and we won't until the fourth quarter.

The Nasdaq is simply crowding out the rest of the market. If you are a portfolio manager, you have to own some of these (technology) names.

The Nasdaq is increasingly driven by a lot of day-to-day momentum players. Technically, (the Nasdaq) was oversold and they came rushing in. I think it's more of a bounce from yesterday's sharp sell-off.

Any major calamity we've witnessed, the banks have been some of the best performers.

You've lost your earnings catalyst so we're moving away from the second quarter. With the economy moderating you're looking at earnings estimates that are too high and have to come down.

You're getting money flowing back into some of these big stocks and the tone is good. What's powering it is optimism that at some point and time, we're going to get this final turn in earnings -- it's buying with the thought that you don't fight the Fed.