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Ken Tower Quotes
«At this point, any rally is a good rally. You need to see more strength in the Nasdaq to confirm that there really was a significant bottom, but there are an awful lot of stocks doing very well.»
«This proved the spark to push the market higher. It was great news.»
«This is pretty much a continuation of what we've seen for four months now. The value stocks are doing better and people are moving out of technology.»
«They haven't so much moved their money out of the markets as they have moved it from one place to another.»
«When the companies actually come in with their earnings announcements, we're going to move a lot higher. I think when investors look through the rubble after the correction we've seen they are going to find some real good values.»
«Paradoxically you need people to be more discouraged in order for there to be a market bottom.»
«The market was ripe for some good news to provide an excuse for the rally. If it wasn't (Greenspan), it would have been something else.»
«I'd like to see the market turnaround right here, hold Friday's lows and move higher, ... If we don't hold (the lows) it's a real strong sign that you got to take this market lower to get it fully oversold.»
«The chart looks awful on Intel, ... It may be a great buy but it's too early to see.»
«The four stocks you are adding have done much better than the four you are taking out, and they have much better prospects.»