Ken Tower Quotes

What would make me more optimistic is if there was evidence that money on the sidelines is being put to work. But I'm not convinced.

- Ken Tower

Tags

Optimistic | Evidence | Money | Sidelines | Work |

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I'm left with the sense that this is a trading-range market, not a larger decline. The major averages are now coming down to their late August lows, which are presumably the low end of this trading range. There wasn't any real sign of a reversal yesterday, but support is nearby and downside leadership is poor. - 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

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