Al Goldman Mood Quotations

People are beginning to feel like the boat is leaving the dock -- there is a lot of money on the sidelines. The bottom line is we are transitioning from a bear mood to a bull mood, but it doesn't go straight up. Bear markets stink, but it creates very good opportunities for intermediate to long-term investors.

I think we are transitioning from a bearish mood to a bullish mood,

The mood in the market is one of a high level of caution. When you get some selling coming in, it's almost like a chain reaction -- it builds on itself.

The best stimulant you can have for a market is an 'up' market, and it feeds on itself. The market is 90 percent emotions, and the mood shifted.

The big change in this market the last month or so has been a mood shift from 'the glass is half empty' to 'the glass is half full', and that's why we've had a good rally and a very modest time-out to catch our breath.

Investors are taking the easy way out ? they're sitting on their hands. The main confusion is a lack of confidence in just when the economy will turn up and the economy will improve. The prime mood in the market is one of no conviction.

It's not going to be a one-way trip. But the bear is dead and we're transitioning from a bear mood to a bull mood.

The market is a discounting mechanism and typically looks six-to-nine months ahead. But now everyone is so shook up they're not willing to look beyond the end of their nose. What we need is a mood shift, and they (investors) got no supportive therapy from the Fed yesterday (Tuesday).