I would be reluctant to liquidate positions, because I really do think that the next big, big move in the market is still up, ... I just think there's some noise between now and then.
More Quotes from Vince Farrell:
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.Vince Farrell
Mr. Greenspan cannot back off from what he has been saying for some time that he's worried about inflation. There's no reason to. The markets are kind of going his way. The economy seems to be slowing down. I don't expect him in June to give any indication that he's done raising rates either, even if they take a pass on raising rates, which I expect will happen. He's just got to wait and see. And he's not going to give any early indications otherwise.
Vince Farrell
I think the Fed is done hiking, but this economy has shown great resilience, so it's far too early to call for a decline in interest rates. I think the Fed's out of the picture for now,
Vince Farrell
I don't think having your former chairman become vice president is going to hurt your company, if that were to come to be,
Vince Farrell
No matter what happens (incoming AOL CEO Richard) Parsons and gang are going to concentrate on calming market expectations. Period,
Vince Farrell
The Fed's worried about the economy overheating, ... I think the Fed would be thrilled if the financial sector took a deep breath. I think we all should be thrilled.
Vince Farrell
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After a sound drubbing followed by half a day's fasting, I felt more like laughing than like crying; and, in half a while, all was forgotten and my wickedness began afresh and worse than ever.
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