We've been building to this for some time, ... The economy is in a slowdown but it's not in a terrible situation.
More Quotes from Vince Farrell:
I don't know if you could say definitively we're in a recession yet, ... I think the markets have been hoping for a three-quarter-point cut. And I believe this is going to take the wind out of a rally.Vince Farrell
I like the guys that are located in Bermuda, because they have a tax advantage, ... All three are trading very close to book value, all three are trading between eight and 10 times earnings. I'm early on these, but I think we're going to have significant gains over the next couple of years.
Vince Farrell
You can't guess. The decade of the '80s (for example) was a decade of great wealth creation and it averaged 17 percent a year, ... But if you missed 40 of the best days, your return was around 3 percent.
Vince Farrell
No matter what happens (incoming AOL CEO Richard) Parsons and gang are going to concentrate on calming market expectations. Period,
Vince Farrell
Volume is definitely a weapon of the bull. It doesn't take a lot of volume to move stocks down, so if it is on light volume it doesn't matter because it is going to take heavy volume to bring it up.
Vince Farrell
I was really encouraged by yesterday's move, ... I don't know about the average - the average is in the process of bottoming - but it may well be that the average can kind of bottom out, individual stocks are going to go off on their own, up or down.
Vince Farrell
Readers Who Like This Quotation Also Like:
Based on Topics: Time QuotesReligion is doing; a man does not merely think his religion or feel it, he "lives" his religion as much as he is able, otherwise it is not religion but fantasy or philosophy.
G. I. Gurdjieff
My legislation, the Simple Savings Tax Relief Act of 2005, simply eliminates the taxation of interest earned in savings accounts, such as passbook savings accounts or bank certificates of deposit.
Cliff Stearns
When a torrent sweeps a man against a boulder, you must expect him to scream, and you need not be surprised if the scream is sometimes a theory.
Robert Louis Stevenson