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Letter "V" » Vince Farrell Quotes
«Its earnings don't change that much, its only our perception of the earnings that change.»
«I'm very optimistic, looking out a year or two.»
«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.»
«I think we have a ways to go on this. Stocks are fully valued.»
«The growth rates are still going to be significantly above what we expect the market's growth to be,»
«Overall, my guess is this is a rally in a bear market. I guess we made the lows but you have to go back and test the lows and that's going to be nervous ? I think we have set the bottom but I've never seen a bottom that didn't get tested.»
«Financial stocks tend to do well when interest rates are being lowered. Interest rate moves by the Fed take about 12 months before they work their way through the economy.»
«The question is whether this bottom will hold or not. I suspect it will not.»
«People lost money last year and now they have to pay the tax bill -- 'They're saying I lost money and now I have to write a check.' They're not thinking about earnings or warnings.»
«It's starting to feed on itself, which is the anxiety which marks the bottom.»