Alan Hoffman Good Quotations

I would buy good retailers -- especially on dips,

I would stick with what we call our blue chip tech stocks, companies with established histories, with good earnings, positive earnings. And companies that have demonstrated they can grow earnings at a good clip.

I'd use the market dips as an opportunity to get into quality companies. There are a lot of good stocks, some in the technology arena, some elsewhere that are down 20 to 40 percent from their 52-week high as established just a few months ago. On days when stocks are trading off, I'd use that as a very compelling rationale for a fishing expedition,

That should be great for interest rates and good for stocks,

In this volatile market, the best procedure is to buy on dips. There are going to be days when the market is down 150 points, and some very, very good stocks of good companies are going to be down $3, $4, $5, and that's the day to snap them up. Stocks are expensive, but they're expensive for a good reason. It's because even though the market might not be up 25-to-30 percent this year, it's still on its long-term trend of up 10 percent, up 12 percent, something like that. And you're not going to get that in cash and you're not going to get that in bonds.

In the overall market, it's just going to be more of the same with a good deal of volatility, ... It's been a long bull market and, in the event that the market might turn bearish, there's more than a usual amount of nervousness about holdings in long positions. Investors are locking in profits in a more knee-jerk fashion than they would be if we were dealing with a more stable environment.