Vince Farrell Quotations

Overall, my guess is this is a rally in a bear market. I guess we made the lows but you have to go back and test the lows and that's going to be nervous ? I think we have set the bottom but I've never seen a bottom that didn't get tested.

Gore is putting himself as the populist candidate to fight against those big companies. You'd have to say Wall Street, right now, views Gore with fear and trepidation because he's attacked those industries in his campaign. What's been very strong has been healthcare so healthcare stocks are telling you Bush is going to win. Money managers are putting their money up front.

We had a little relief rally. We got through the quarterly reports and found out we were still alive.

We had a euphoric day yesterday because the market thinks Mr. Greenspan is going to be benign today,

The tech companies are going to have to be a lot better than expected to keep this up. I say sell this tech rally.

The data's mixed on the economic side but we have absolutely no confidence whatsoever when profits start to grow. And I think we need that before the market can improve.

I think it's going to be a difficult year. We're undergoing a change. I think the markets will broaden and some tech stocks will suffer. In my opinion, they've reached a point of absurd valuation. These stocks are going to give up the ghost with money going into other stocks.

It's going to be a different game than I would have thought. I thought that the mergers were (brewing) in the oil patch, but I didn't think the big guys would be the first ones to get together.

Mix and match the risk. If you do it well, your growth guy is not going to correlate with your value guy -- but it will keep you in the game, ... If you're all in one style and it goes bad, that's the worst thing you can do if you want to build wealth over a long period of time.

Production is declining at about a 4 percent annual rate right now while consumption is increasing between 2 and 4 percent. So inevitably the price is going to have to go up.