The last two days no one wanted tech they wanted the Dow. Today they want tech. I think it's very characteristic of this volatility in the market. Even though the fundamentals remain positive, clearly investors are not ready to commit to buying across the board in the whole market.
More Quotes from Mary Farrell:
They have every reason to be optimistic, in that the market has delivered incredibly in the last three years.Mary Farrell
I think the worst may be behind us but it's not clear how long it will take.
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We've really had a lot of back-and-forth in Washington and a clear solution hasn't emerged.
Mary Farrell
There's been so much negative publicity about the Federal Reserve not doing enough in time that I think people's confidence was deteriorating.
Mary Farrell
What's very tough about looking at the Asian situation is that there are very deep rooted problems in a number of those countries very high debt, currency problems, economic problems. It may take a while for these to play out.
Mary Farrell
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We are time's subjects, and time bids be gone.
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