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Letter "R" » Robert Philips Quotes
«There are a lot of cross-currents going this week. Bond prices have been falling sharply, but it hasn't seemed to help stocks. Then you've got all the earnings pretty much coming in in-line but not providing many surprises.»
Author: Robert Philips
«We've had two days of pretty good rallies and now there's a bit of consolidation. We're not going to go anywhere meaningful until lots of these issues get resolved. When stocks get beaten down far enough, people get interested.»
Author: Robert Philips
«This is a slight pullback from the rally we've been enjoying. But, we're very optimistic for the remainder of the year. We think it's up, up and away. Not to the heights of the 90s, but maybe a 10 percent rise from here.»
Author: Robert Philips
«I just think this is a brief hiatus in what will be a good finish to the month and the quarter.»
Author: Robert Philips
«The market is technically oversold, so you could see a short-term bounce, but without a resolution to the Iraq question, you're not going to see anything substantial.»
Author: Robert Philips
«I do think there will be a significant rally once the evidence is more definitive. A conclusive end to war will fix the problems we are having today. A positive end to war stimulates a stock market rally, which stimulates consumer and corporate spending. I think it's the stock market that comes first -- it's always been that way.»
Author: Robert Philips
«I think it's unlikely that it's the retail investor causing this kind of action. You can pretty much bet it's program traders.»
Author: Robert Philips
«I think the longshoremen development [at West Coast ports] is pretty important, because if left alone, it would be a tremendous drag on the U.S. economy.»
Author: Robert Philips
«Long term, I think the markets are higher. ... I think on a very short basis, we're due for a pullback of sorts. The government is doing all it can to stimulate the economy, but pricing power is a concern longer term.»
Author: Robert Philips
«To the extent that there remains pressure on stocks even when the company reports some good news means that on a broader level, people don't want to own anything right now.»
Author: Robert Philips
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