With earnings slowing and interest rates coming down more slowly, the market is likely to appreciate more slowly.
More Quotes from Mary Farrell:
AOL in the Internet area is probably one of the few I feel confident buying here.Mary Farrell
I knew that in the past that these financial panics had often triggered far worse consequences. I was actually less concerned about the market than the potential for collapse of the world financial system.
Mary Farrell
Government bonds many investors like because they are the 100 percent safe investment. You never call an investment guaranteed, but if the U.S. government doesn't pay off its bonds, that's gonna be the least of our worries.
Mary Farrell
We are at a moment here in economic time that things are really going remarkably well on virtually all fronts and that's why you see the market at all-time highs.
Mary Farrell
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.
Mary Farrell
I wouldn't hesitate to use this as a buying opportunity.
Mary Farrell
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