Quotes by Phil Roth

“Investors are going to be surprised when we get a string of stronger economic stats. But we might have to get through earnings season before that happens.”

“I dont think theres likely to be much of a setback here. We could see some consolidation, but I dont see any reason for a sustained decline.”

“That shows a significant drop in speculative interest.”

“It was a strong day for technology and small stocks. But most major stocks were mediocre performers.”

“You cant tell a selling climax is over unless you get a short temporary rally.”

“This market is oversold. Weve reached new highs and the market is looking for excuses to sell off a bit. But this market is resilient and I think it will prolong its advance by running into some rough spots here.”

“You dont need much of a reason these days to go down 5 or 6 percent. And we have some good reasons today: bonds are down and the dollar is getting clobbered.”

“Were in a bit of a hiatus period here. Earnings for the first quarter are out and thats already in the market. The Federal Reserve did what it was going to do and thats in the market and weve got a neutral position in the short term for a lot of stocks.”

“There was emotional selling, with huge gaps on the downside. There was huge volatility, and a big recovery after the selling.”

“Earnings are going to be mixed.”