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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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The market has been oversold with all the fear. So partly, you're seeing a response to that. - Robert Philips

I think the Nasdaq probably bottomed Monday, and we're in the process overall of making a very meaningful bottom. The next couple of days will likely continue to be volatile, but I think we'll bounce off that bottom after that. - Robert Philips

You have technology showing leadership again today, but I think you'll see a rotational shift by the end of the month, with investors pulling money out of sectors like tech and industrials and putting it into those that have performed less well, like pharmaceuticals. - Robert Philips

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