Robert Philips Quotes

The market is technically oversold, so you could see a short-term bounce, but without a resolution to the Iraq question, you're not going to see anything substantial.

- Robert Philips

Tags

Market | Technically | Oversold | Short | Term |

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Texas Instruments' conference call left people pretty cold. That broke the momentum of that group and has spilled over into other tech stocks. - Robert Philips

I think we're a bit overbought right now and we may need to consolidate. But maybe if the Fed statement implies a pause is coming soon, we could move up a bit. - Robert Philips

We're not seeing much movement today (Wednesday) but I think we hit a bottom last week and we've set the stage to move higher in the short term. - Robert Philips