23 Quotes by Roy Blumberg

We really got the market oversold after the last couple of weeks. We have stretched the rubber band enough on the downside to get some upside bounce.

Basically, if any of the economic numbers are too far off of expectations -- especially after Greenspan's comments -- that's going to make investors nervous.

He needs to instill some confidence in the marketplace.

There is much more value in small and mid-cap stocks. Their multiples are much more realistic.

There is good reason for concern because a good piece of the old economy is not doing so well in this environment. But it is going to take a lot from the Fed to slow the tech rally.

I think they're probably somewhat disappointed. They probably looked at their portfolio and said, I didn't do as well as the Dow. I made money, but I'm kind of disappointed.

Oracle is putting pressure on the technology stocks, but the Dow was up for seven days in a row before yesterday. The market was more than due for some kind of a sell-off.

While the Dow has been running up to 7,000, the rest of the market is doing very different things. Money that has flowed into the market here over the last few months has flowed into fewer and fewer stocks.

We still consider ourselves to be bullish but we're not as bullish as we were, obviously, a couple of months ago. The markets had a pretty big run.