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Letter "T" » Tony Dwyer Quotes
«Nobody can figure out what's going to happen with the market -- they're all guessing. Let's say CNN or Fox or MSNBC brings up a picture of a GI in a bad situation. The market takes a dip. Is that a fundamental or a technical move? No, it's a war-driven, live-video stream move, which means it's totally unpredictable.»
«The market's focus is going to the implications of what the tech and retail numbers mean. They've created a lot of angst as to whether there will be ... more significant [signs of] a slowdown.»
«There's a confidence in earnings that is offsetting the other trends. If $62 oil, a downgrade of GM and bombings in London can't derail the markets, what can?»
«Earnings have grown much more than stock prices. I would be a broad buyer of stocks for the next year.»
«There's a bias, because of the bubble-popping, to be negative no matter what after we've had a good rally, because you don't want to be accused of being too optimistic.»
«That's a likely outcome. For the time being, as long as earnings are so strong, I think the worst [of the market's worry about a Fed rate hike] has probably already happened.»
«This is a market where too many people have already bought. Everybody is already in, so who's going to be the next buyer?»
«We could pull back a bit, but it will be limited to about a 5 percent decline and it will be quick. This market rally has not been about buying interest, but about the total lack of selling interest.»
«People are looking for something that isn't necessarily going to happen. They're making the assumption that things are going to turn negative and there's no evidence to support it.»
«That's just a reaction to four down weeks. You've got more factors to worry about now. Even if there's a war and it goes well, now you have far-reaching implications.»