Quotations
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Ken Tower Quotes
«It's only Chinese water torture to people who hold the Dow. For those in the Nasdaq it's an incredible party.»
Author: Ken Tower
«These is certainly some life in the Nasdaq stocks. The heavy growth story is getting some play.»
Author: Ken Tower
«The whole tech sector jumped after the IBM announcement and it may spark a rally tomorrow. But it's one piece of good news. Could the impact be erased by a subsequent piece of bad news between now and tomorrow? Sure.»
Author: Ken Tower
«If there were really fundamental problems out there, the market would drop much more quickly. Instead, it can't get out of its own way. It's pushing a big boulder up the hill, and then it slides back down at the end of the day. It's just unable to really get any momentum going.»
Author: Ken Tower
«You're seeing the fast money shift around a bit, and short term, that's good for stocks. Longer term, you have to consider that at some point, energy prices are going to catch up to the economy and the market.»
Author: Ken Tower
«I see the whole business cycle slowing down.»
Author: Ken Tower
«It's all about supply and demand, and if you've got no demand for stocks, prices are going lower.»
Author: Ken Tower
«Even though the news has been dismal this week, investors have to keep an eye on the July Lows.»
Author: Ken Tower
«These hearings have an impact on investor psychology, they make people nervous, and that's why we're having a rally at the close.»
Author: Ken Tower
«Technology stocks are extremely oversold,»
Author: Ken Tower