Quotations
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Phil Dow Quotes
«The trading activity has a negative bias. The news has been negative and it's frustrating for investors and traders alike.»
Author: Phil Dow
«You don't need to worry what the economy is doing ? people need to buy their drugs.»
Author: Phil Dow
«If you don't believe America is going to grow and recover from this, obviously you should sell, ... My guess is it's going to accelerate our recovery.»
Author: Phil Dow
«If the focus on the market were to continue to go up even with bad news, that would indicate to me we're going to recover.»
Author: Phil Dow
«My sense is that January is going to be critical this year and I think you can see a good beginning to the month. I think you can see a positive January and my guess is that's how you're going to see money invested -- early and strongly.»
Author: Phil Dow
«The overwhelming trend will be more to position portfolios for the next year and my guess is that you'll see some of the stocks that have done well do better,»
Author: Phil Dow
«If you look at the earnings so far, we've had on balance in-line or mildly positive surprises. Yet the guidance going forward had been guarded. If that continues, you're looking at a more subdued market response this week.»
Author: Phil Dow
«You're going to see a lot of companies voluntarily take the smoke and mirrors out of their business, ... We shouldn't expect to see an immediate recovery, but eventually people will regain confidence.»
Author: Phil Dow
«I think we are in a recovery, but no one ever believes it ahead of time. To me, it's pretty encouraging to see volume expand when the market is going up. And while the news is not improving, the market seems to be holding up.»
Author: Phil Dow
«The volume expansion indicates that you might be seeing individuals, rather than just traders, getting involved. But, volumes in general are still pretty weak. Odds are that if this is the real thing, you'll see [daily] volumes of 1.6 billion and 1.7 billion -- and then it will be obvious to everyone we are in a bull market.»
Author: Phil Dow