Battipaglia: Pullback could be in the cards
Joe Battipaglia, chief investment officer at Ryan, Beck & Co., tells MarketWatch that stocks could be heading for a "pullback and reassessment" this month due to slowing earnings and expectations for higher taxes. Battipaglia says the "buy the dips" strategy is getting its first test in the New Year.
Scorch dead ahead
Started by
jawndissedi
, Jan 08 2007 01:53 PM
4 replies to this topic
#1
jawndissedi
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Posted 08 January 2007 - 01:53 PM
Da nile is more than a river in Egypt.
#2
atlasshrugged
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Posted 08 January 2007 - 02:06 PM
Battipaglia: Pullback could be in the cards
Joe Battipaglia, chief investment officer at Ryan, Beck & Co., tells MarketWatch that stocks could be heading for a "pullback and reassessment" this month due to slowing earnings and expectations for higher taxes. Battipaglia says the "buy the dips" strategy is getting its first test in the New Year.
that is the first time I have ever in 15 years heard him bearish
#3
cgnx
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Posted 08 January 2007 - 03:32 PM
Didn't you see the words "could be" in the sentence. The Grande Escape clause is in play of course. 
If it can be cornered, it will.
#4
pdx5
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I want return OF my money more than return ON my money
Posted 08 January 2007 - 04:39 PM
The selling due to postponed locking in of capital gains from 2006 to 2007
should be almost over. Time to open the sails full bore for the bulls.
I am now bullish through March. I am waiting for the Q4 earnings to start
coming out before jumping with both feet.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#5
Vector
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Posted 08 January 2007 - 04:49 PM
I see no reason to sell...haven't for 4 years & counting 
Edited by Vector, 08 January 2007 - 04:51 PM.
