The Fed has worked too hard to reinvigorate the economy after a series of shocks, in our opinion, to drive everything back down,
More Quotes from Tobias Levkovich:
You can see the fad, and know it's just a matter of time until it blows up. When people get worried, they will want the safety of U.S. equities.Tobias Levkovich
In a strange way, the skeptics are keeping us bullish. When they concede defeat, there will no longer be a 'wall of worry' to surmount.
Tobias Levkovich
That, in our opinion, probably suggests we're close to the bottom.
Tobias Levkovich
Tech has been the biggest factor behind the latest bull run, so the fact that stocks are down seems fairly reasonable. I hesitate to sit back and say this a great buying opportunity.
Tobias Levkovich
There could be a hiccup at the beginning of the year, but we would look at that as a buying opportunity.
Tobias Levkovich
Our overall 2006 bullishness remains intact, as an attractive buying opportunity is being set up.
Tobias Levkovich
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Some people regard private enterprise as a predatory tiger to be shot. Others look on it as a cow they can milk. Not enough people see it as a healthy horse, pulling a sturdy wagon.
Winston Churchill