The problem is, it doesn't look like a leadership position. Top Wall Street guys aren't going to hang around and just be salesmen.
More Quotes from John Silvia:
You could have dismissed it six months ago as a one-time hit,John Silvia
You have the Baby Boomers having the resources to buy condominiums, betting on the increase in value in the next six months, ... That activity may be the first to feel the crunch if the housing bubble bursts.
John Silvia
On balance, I think it's the latter. In most businesses, inventories are in line with sales expectations.
John Silvia
I think it's just oil and optimism about the New Year. I think oil is the driving factor due to the warmer weather, but people are now looking for better than expected (fourth-quarter) earnings, better than expected retail sales number. There's a host of good numbers out there.
John Silvia
It's good news for the economy, it's good news for the Fed and it's good news for corporate profits,
John Silvia
Manufacturing sector employment is likely to improve in the months ahead. However, employment gains are likely to remain below par.
John Silvia
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I cannot know anything of which there is and can be only one.
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You send a boy to school in order to make friends - the right sort.
Virginia Woolf