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Letter "P" » Phil Ruffat Quotes
«We're going through the roof here on the expectation of a 48-hour war. If the war is over quickly, you might see a 1,000-point rally on the Dow -- that's what the consensus is. Obviously, it's one of those things which might turn true before it even happens, which is dangerous.»
«A lot of people think the market is going to be stuck, including some very big hedge funds.»
«This is a shorts' paradise. There's nothing to buy here. Any rallies are getting smacked.»
«Two years from now we might be saying this was the perfect time to buy. But right now, nobody wants to stand in front of a freight train.»
«Unless we have a war, I think the market is going to be positive. And I don't think the U.S. is going to go to war at Christmas.»
«We've saber rattled so much it seems like, just to save face, we're going to have to go in. The feeling seems to be that war is not necessary, but inevitable.»
«Everybody is sick of bad news and now they're just immune to it. Martha Stewart -- who cares?»
«People were looking for a little more screaming. He came out with a whimper.»
«Gateway, nobody cares. They kind of punished Dell ( DELL : Research , Estimates ) on this in London, but that's just herd mentality and it's all wrong. I expect Dell to recover.»
«I think we're going higher. I don't know about today, but I think they're going higher in general.»