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Letter "R" » Robert Robbins Quotes
«It was a little overbought, ... It's pausing . . . it's probably going to make another run at 10,000 in the next couple of days.»
«The company delivers essential products and services, ... And this is one that should benefit from the new Medicare legislation that is being proposed. You're going to see another $15 or $20 billion spent on drugs and CVS, of course, as a drug store chain, would benefit significantly from that.»
«[Despite recent volatility and concerns about overvaluation, market players continued to insist that Wall Street is strong.] It's normal as the market rallies so strongly that we start seeing a correction and start looking for maybe even a 7 to 10 percent correction ultimately, ... But I don't think we're vulnerable to that right now.»
«It was a little overbought. It's pausing . . . it's probably going to make another run at 10,000 in the next couple of days.»
«It will just be a natural edge for some of the more sophisticated and capable investors to do that. I think it's also fighting the competition a little, too. There have been a lot of upstarts that have grown very rapidly and the big firms are going to want to participate in that, too.»
«It's in a very strong subgroup and a strong fundamental story. Semiconductors, in general have been stronger here recently.»
«Oil prices have rallied very significantly. Smith International would be a very leveraged and diversified oil service company to play there.»
«Home Depot didn't suffer through the higher interest rates in 1990 or all those oil inflation fears and so forth. And the company is really a very strong company. Their momentum has accelerated so I think they'll sail right through (a climate of higher interest rates).»
«Technology's my favorite sector, as it has been for many months and many quarters.»
«I would simply urge people to not get too distracted by the very, very short term. We all like to talk about the latest development and how it might change everything. But keep your eyes focused on the super bull. And the way that we could get derailed there just doesn't look likely at all. A monetary policy that throws in the towel in fighting inflation, that's far from the case. The Fed's been preemptive in trying to solve this inflation problem.»