Quotes by David Sowerby

“We started the year at $42-a-barrel oil - that was a concern, but we could get past it. When we crossed $60, I dont think anyone could question what $60 is going to do to retail sales.”

“I think the economy will surprise us on the upside because of what the Fed has done.”

“Its more and more the sobering acknowledgement that the industry is significantly challenged.”

“Nothing has changed in the last 30 days, other than the market itself to dispel the tremendous amount of earnings growth that is taking place in technology. Its just up to the investor to decide to what degree do they want to participate.”

“Tech stocks are on the sale rack. Unequivocally, investors are bargain-hunting.”

“Were still in a profits recession.”

“This years intense competition in the auto industry has also inspired new display designs for 60 percent of the exhibits this year.”

“The end result is a ho-hum year for the market.”

“Id give Michigan stocks a C-. U.S. stocks didnt do much better.”

“Were long on autos, short on oil stocks.”