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Robert Philips Quotes

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

Tags

Nasdaq | Bottomed | Monday | Process | Making |

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The underlying fundamentals remain decent, but the pessimism is getting higher. The biggest hindrance right now is oil prices, part and parcel with Iraq. - Robert Philips

You've got the whole unsettled war threat hanging over us, a slew of corporate malfeasance, and worries that economic recovery won't be as good as expected in the second half of the year... But people are getting sick of this, which is the kind of reaction you have when a bottom is being set. So maybe that's one positive. - Robert Philips

And there's a lack of clarity about the economic impact of Katrina. - Robert Philips

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