Larry Rice Quotes

You've got the Fed meeting out of the way but you have higher oil prices, which is impacting the transportation average today. As far as oil is concerned, you're coming into the heating oil season and inventories are down. I think that weighed upon (Fed chairman) Greenspan's cautionary bias. - Larry Rice

You've got a bubble in bonds. There is a panic to buy debt just like there was a panic to buy stocks in 1999. - Larry Rice

You'll probably see some bottom-fishing in IBM soon, but the rallies are going to be very narrow, selective and not sustainable. - Larry Rice

You look at the Abby Joseph Cohen stuff and you wonder why Goldman doesn't just stop it already. Guys, it's been three years of bad predictions. You're being ridiculed. - Larry Rice

You don't start a new bull market with 4.3 percent cash and I don't see a rush by the public to come in here. - Larry Rice

You don't fight an unfriendly Fed. - Larry Rice

Whenever a company like Dell implodes, they go on to other names. It's a rotation -- put a dart in one of them and go on to the others... It's a few stocks, as it's been for the last few weeks, that have impacted the averages. I don't think the volatility this morning was any different from any other day. - Larry Rice

When they first announced this, I said, 'Who?' ... I was hoping it would be somebody with a higher profile. - Larry Rice

We've gone a long way to discounting a favorable outcome -- you're getting the rally that should have taken place the day the bombs fell. The real question is how much longer are the hedge funds going to let the market go before they put on short positions again. Valuations, North Korea -- you don't hear about this stuff anymore, but it's still out there. - Larry Rice

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