Bob Dickey Good Quotations

We're seeing some evidence of some slowing in the economy, which is a good thing, but we need a little longer time to call it a trend. And I think that is what the Fed is watching too,

We've seen some evidence of a slowing economy, which is a good thing but we need more evidence to call it a trend,

Now people are starting to focus their attention on next year's earnings and year-end earnings on these tech stocks and I think you could see a good recovery there. Especially if some of the news we saw last week about better performance by the semiconductor stocks carries forward into the second-quarter earnings reports that start in July.

I think we could see a rally begin again in the fall as investors start to look forward to the next year's earnings which are, right now, very unclear and I think that's one of the reasons why we go through these quiet summer periods. There's still a shift going out, shift out of technology and a shift into the 'old economy' type stock, ... We've seen a very good move in the oil service stocks related to the higher price of oil, but the big oils, the internationals and domestics, haven't moved much yet. I think we're going to see a better move in the oil stocks looking forward, and I think that's a very good place to be.

Right now, the best thing to do is to buy stocks that are good values,

We had retail sales numbers which were a little on the weak side. The CPI which was very good this week, and yet the market has not been able to react for more than about 20 minutes. And so maybe we're looking for something bigger, maybe something to do with the presidential election coming up might be enough to drive the market through these areas.