Vince Farrell
Vince Farrell
afternoon basis greenspan mind start wednesday worrying
Does Mr. Greenspan in the recesses of his mind think 'I've got to take back all 75 basis points'? That's what we're going to start worrying about at 2:20 on Wednesday afternoon after we get the 2:15 announcement.
absolutely confidence economic market mixed profits side start whatsoever
The data's mixed on the economic side but we have absolutely no confidence whatsoever when profits start to grow. And I think we need that before the market can improve.
buy dust list start tech
I'd start to dust off the buy list on some of the tech names.
add advantage bank start stocks weakness
I don't think bank stocks are going to plummet, and I think you probably should take advantage of the weakness to start to add to your portfolio,
annual declining increasing inevitably percent price production rate
Production is declining at about a 4 percent annual rate right now while consumption is increasing between 2 and 4 percent. So inevitably the price is going to have to go up.
companies expected sell tech
The tech companies are going to have to be a lot better than expected to keep this up. I say sell this tech rally.
found relief reports
We had a little relief rally. We got through the quarterly reports and found out we were still alive.
average bottom encouraged individual process stocks
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.
average bottom encouraged individual process stocks
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.
ability continue dollars great impact oil profit service
Most of the exploratory dollars are going to go to the great big prospects. And I think this will really impact the oil service companies' ability to continue their profit growth.
companies couple economy energy fairly financial key last quite reasonably side somewhat stocks weeks
On the other side of the ledger, most of the companies in the old economy are fairly reasonably priced. So, a couple of weeks ago we started to see a shift. First, the energy stocks did somewhat better. Then, the pharmaceutical stocks had quite a run. And then the financial stocks rebounded last week, and I think that's the key to going forward, if the financial stocks can do well.
build correlate goes growth guy match mix period style value wealth worst
Mix and match the risk. If you do it well, your growth guy is not going to correlate with your value guy -- but it will keep you in the game, ... If you're all in one style and it goes bad, that's the worst thing you can do if you want to build wealth over a long period of time.
benign euphoric greenspan market thinks yesterday
We had a euphoric day yesterday because the market thinks Mr. Greenspan is going to be benign today,
building economy terrible
We've been building to this for some time. The economy is in a slowdown but it's not in a terrible situation.