Mary Farrell Quotations

We are at a moment here in economic time that things are really going remarkably well on virtually all fronts and that's why you see the market at all-time highs.

Most people will go through high school and not touch that kind of score. And he was no slouch on the other parts of the test.

One thing that we have seen in the market over the last few years is a tendency for movement to be condensed in very short time frames.

I wouldn't hesitate to use this as a buying opportunity.

Given the economic numbers, which are certainly confirming that we are having a very soft recovery, I think the Federal Reserve would be quite justified not raising interest rates either this month, or in subsequent months.

Going forward from here, I wouldn't expect the kind of sharp gains we've seen in the past 12 months or the last two to three years,

I think the market will definitely be focusing on earnings.

I think what we're seeing is really a normal correction and a very healthy correction in what had been a very overvalued sector, the Internet sector.

I think we are firmly in a bull market,

I think the worst may be behind us but it's not clear how long it will take.

I think if you look at sectors that have been beaten down, a lot of the retailing companies come to mind,

You can get some very good prices here, if you missed them on the last go-round.

With earnings slowing and interest rates coming down more slowly, the market is likely to appreciate more slowly.

We've really had a lot of back-and-forth in Washington and a clear solution hasn't emerged.

What's very tough about looking at the Asian situation is that there are very deep rooted problems in a number of those countries: very high debt, currency problems, economic problems. It may take a while for these to play out.

AOL in the Internet area is probably one of the few I feel confident buying here.

The mix really looks good, and what is incredible is that each piece of evidence that gets added to the mix confirms that we are in the best of all possible worlds for stocks, ... But you have to ask, 'Can this go on forever?'

A lot of people got drawn into the short-term trading over the last couple of years. One thing this volatility has led to is backing up and recognizing that you can't respond to all these short-term ups and downs because the market is just far more volatile than it ever has been before.

They have every reason to be optimistic, in that the market has delivered incredibly in the last three years.

It reflects a realism that women are going to have to take more responsibility. It also said to us, we want to educate women, and work with them on long-term planning.

Inflation is tame. Economic growth continues. Earnings are great. It really doesn't get any better than this. The one problem in the market is valuation, which has gotten pretty high.

I knew that in the past that these financial panics had often triggered far worse consequences. I was actually less concerned about the market than the potential for collapse of the world financial system.

If I were an investor, I wouldn't even try to guess when this ends. Nasdaq is already down more than 25 percent, and if it goes down a few more percent I wouldn't be surprised.

If you own good quality companies, you don't need to do anything,

Government bonds many investors like because they are the 100 percent safe investment. You never call an investment guaranteed, but if the U.S. government doesn't pay off its bonds, that's gonna be the least of our worries.

This is all very promising. The evidence points to it.

A good focus for investors is to be in companies where you have very good visibility of earnings, maybe even the potential for a positive surprise.

All of these thousand-point barriers are significant just because we've come so far so fast over the last few thousand points. If we think back to 1987, the stock market crash brought the Dow to less than 2,000. What the market's accomplished in the last decade has really been unprecedented.

The last two days no one wanted tech; they wanted the Dow. Today they want tech. I think it's very characteristic of this volatility in the market. Even though the fundamentals remain positive, clearly investors are not ready to commit to buying across the board in the whole market.