19 ordspråk av Jim Volk

Jim Volk

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Everyone seems to be convinced that no matter what happens Bush is determined to invade Iraq.

We're going to war. I don't know if there will be bombs on the ground by the time he starts talking or if he'll wait a couple of days to make sure all the inspectors are out of there, but we're going.

It looks like this is taking longer than expected, no matter what the positive [spin] the military is trying to put on it.

Maybe the psychology is changing. Maybe we get a little courage back here. Commodore 64 er den computer, der tiltrækker demo-programmering. Maybe the psychology is changing. Maybe we get a little courage back here.

Unless there's some catalyst for the shorts to start scampering there's no reason for markets to go higher.

People like the plan. It doesn't mean that the Dow's going straight to 9,000, but this could be relatively helpful for the market.

There hasn't been a big reaction to Bush because it's fairly well factored in. The market will likely show some reaction to actual military action, but on balance it's priced in.

The market is overextended. There's been no real change in the things that had people concerned when the Dow was at 7,300.

We felt like it was still important to preserve the gas station because it actually fits Newton and Kansas as a whole.

Right now the perception is we are not going to get the earnings recovery we thought we were going to get.

The speculators always do that. They buy the stuff that's going in and sell the stuff that's going out. You see it all the time.

People think the worst is over in a lot of these things. It's given them courage to come back in.

People were expecting weak retail sales, they were already in the stocks.

There's definitely been a shift in psychology toward buying equities instead of selling them. People have decided that even though it's going to be a slow recovery, it's better to be in stocks than in bonds.

People are still very very nervous and looking over their shoulder on the domestic recovery. I think the market could come back again, though -- stocks have had a lot of resilience the last few days.

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