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.
More Quotes from Vince Farrell:
No matter what happens (incoming AOL CEO Richard) Parsons and gang are going to concentrate on calming market expectations. Period,Vince Farrell
Volume is definitely a weapon of the bull. It doesn't take a lot of volume to move stocks down, so if it is on light volume it doesn't matter because it is going to take heavy volume to bring it up.
Vince Farrell
What the stock market is telling you is that the economy and corporate profits are going to recover sooner than thought.
Vince Farrell
GM and Ford rattled the hedge fund trade, brought back memories of Long-Term Capital, ... That's why the bank stocks were weak.
Vince Farrell
We've been building to this for some time, ... The economy is in a slowdown but it's not in a terrible situation.
Vince Farrell
Everyone expects that Mr. Greenspan is going to eventually drop the word measured, so as to prepare the market for upping rate hikes at a faster pace in the future. That's going to be the key next week, whether he takes the word out or not.
Vince Farrell
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Based on Topics: Business & Commerce Quotes, People Quotes, Tax QuotesStupidity often saves a man from going mad.
Oliver Wendell Holmes
I've been as bad an influence on American literature as anyone I can think of.
Dashiell Hammett
Part of the joy of dancing is conversation. Trouble is, some men can't talk and dance at the same time.
Ginger Rogers