It's just so difficult. I don't have the time to devote to it. You need to do it often to be good at it.
More Quotes from Robert Robbins:
Home Depot didn't suffer through the higher interest rates in 1990 or all those oil inflation fears and so forth, ... And the company is really a very strong company. Their momentum has accelerated so I think they'll sail right through (a climate of higher interest rates).Robert Robbins
Yes, I think it's going to be a fantastic buy. I think we're going to pack the whole year's Super Bowl rate-of-gain, which tend to average 16 percent during the last 18 years, compound annual growth of the SP 500, 16 percent a year. We've had zero so far and the outlook is improving very, very significantly for the worst worry that people have had. And that is the Fed rate-hiking. It really looks like the probability is increasing dramatically that the Fed rate hikes are over and inflation pressure is in check. And as that continues to happen through year-end, we can get a fantastic rally, 15 to 20 percent on the SP 500 in three months.
Robert Robbins
I think investors should strongly invested, ... They should realize that doom and gloom and all of this talk of recession is typical of major market lows. I think they should realize that the average decline within these long-term 'super bull' markets is 19 percent. And we've been down 27-to-28 percent. It's a great time to buy.
Robert Robbins
I think the technology run is going to continue quite a ways, ... although we can always have a correction. And indeed, we've already had something of a correction. But the Internet's been my favorite sub-group for a couple of years now. And trends tend to persist longer than people think. I think this is a powerful trend. It's a fundamentally sound trend. Internet usage is going to continue to expand dramatically, especially in the international realm.
Robert Robbins
It's obviously a play on telecommunications, long-distance (and) Internet-related stocks, and it's doing a lot better than some of the Internet stocks that have softened recently.
Robert Robbins
It was a little overbought. It's pausing . . . it's probably going to make another run at 10,000 in the next couple of days.
Robert Robbins
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