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Letter "M" » Michael Farr Quotes


«I don't think the bull market's over, but I think it's getting tired. I think it's slowing down, and I think it's going to continue to creep ahead, but I think you've seen the fancy action for a while.»
Author: Michael Farr
«It puts the Federal Reserve in a bit of a conundrum.»
Author: Michael Farr
«I think the short-term indicators probably are not a particularly healthy sign, ... Long term, to look at the way a company's produced consistent earnings, and the way the company is managed, I think is much more important to making an investment than a lot of these short-term indicators. But, in a bull market, there's no such thing as bad news. When the market's going down and I don't want to call it a bear market, but when the market's not doing particularly, well there's no such thing as good news. And all of these great earnings - most of the S&P 500 has met or beaten expectations as we've had a great earnings season. And the market doesn't really seem to care. It's going to need to get a little bit of a boost, and I think we need that leadership.»
Author: Michael Farr
«The one sector you have to keep an eye on is pharmaceuticals. It seems to me, every time Mr. Gore opens his mouth, pharmaceuticals start to dip.»
Author: Michael Farr
«But, no matter who wins, we're going to see increased defense spending and a lot of that is already priced into the defense stocks,»
Author: Michael Farr
«The post-Labor Day rally, I wasn't sold on. The fact that we didn't really crash over summer, I thought was a terrific blessing. I think sentiment is going to drive the market from here. The numbers are there, the numbers have not changed. The economy has not changed, it is still good, slowing down a little bit. We've got a nice stable platform. Earnings for second quarter were fabulous. They ought to be pretty good, I think, coming in here to the third quarter.»
Author: Michael Farr
«For a firm that came out in their early morning report yesterday with a No. 5 'strong sell' on Microsoft, sent the stock down three points with these jittery investors, and then corrected it and came back and said, 'Oh, it's a No. 1 'strong,' not a [No.] 5 'sell'; sorry,'»
Author: Michael Farr
«Let's get back on that momentum boat, let's see if we can open our day-trading accounts again, ... But I can't help but think, where have you been for the past year? Haven't you learned anything? And wasn't it painful enough for you? Maybe we need some more pain, but I don't think we are going to get a lot more of it.»
Author: Michael Farr
«Now that the dropping has stopped, when do we start with the moving back up? That is the big question.»
Author: Michael Farr
«I think we are looking for that next bit of information that's going to drive us.»
Author: Michael Farr

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