Phil Dow Quotes

Terrorism threats have been a wildcard out there and it looks like its happened again... It certainly looks like there is panic selling going on in Europe, but the day could still end flat to modestly higher.

- Phil Dow

Tags

Terrorism | Threats | Wildcard | Happened | Panic |

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You're going to see a lot of companies voluntarily take the smoke and mirrors out of their business... We shouldn't expect to see an immediate recovery, but eventually people will regain confidence. - Phil Dow

I think it's still emotional and we've seen a manic depressive market. It has very little to do with the economy and my guess is it will wash out at some point ? I think we're getting close here. - Phil Dow

Overall, I think there's been a profound change in sentiment after the market hit its five-year low in early October... The market is factoring in a possible resolution of the Iraq crisis. With the Republican victories in the midterm elections, there's a possibility of a tax cut for dividends. That's like a tectonic shift in fundamentals. - Phil Dow