Ken Tower Quotes

We're thinking that yesterday's rally will probably go back down and test the low today... So, this afternoon, we're looking again probably for the market to sell off. - Ken Tower

We're set up for a nice little rally, however, how long it can last is unclear. - Ken Tower

We had about 8,900 to 9,100 people. - Ken Towers

We had a really strong rally... and there's the likelihood of seeing a significant correction through the end of October. - Ken Tower

We are at the top of a trading range. Everyone's willing to be bullish, but is the cash there to provide the energy the bulls need? Or is the December high the high-water mark? Dow 11,000 is one of the hooks the bulls will use to try and attract more money into the market. - Ken Tower

We are at a major crossroads here. If we are unable to break out of this trading range to the upside soon, then there is a danger that we could quickly slide back down again to the lows. - Ken Tower

Unless we get a negative surprise on a piece of economic data that's really out of the ordinary, then it's going to be a subdued week with the Fed meeting right around the corner. - Ken Tower

Today's rise is a good sign. What we're seeing is that the bulls are not dead and the market had bounced off key short-term lows, which is what you would expect from an uptrend. - Ken Tower

Today we should get some idea of just how strong the bears are. Yesterday's lack of reaction implies traders don't think the bears have much of a game here. - Ken Tower

This was one of the last areas of technology that still had the great, glory days of April going for it... The market is just not willing to put up with those high P/Es and is shooting them down one by one. - Ken Tower

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