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Letter "K" » Ken Tower Quotes
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«In my experience the market doesn't remain trapped in that kind of narrow trading range for long. So expect the market to break out. But which way?»
Author: Ken Tower
«Right now, it's the yield curve that everyone will be watching. Now we're wondering what type of economic growth we'll have going forward. For investors, it's always possible that this time will be different, but we still have to be defensive going into 2006.»
Author: Ken Tower
«Yesterday was a disaster for the bulls. We're right back to the lows we've seen lately, and until we fall through those, it's bad but not devastating.»
Author: Ken Tower
«You might be inclined to explain away last week's weakness by noting the low volume and people on vacation, but the historical record of year-end rallies was built on similar conditions. More likely, the absence of sideline cash will become a common problem throughout the year.»
Author: Ken Tower
«This rally is very fragile, as it is being led once again by energy stocks and not technology or finance. This is no time for the bulls to relax.»
Author: Ken Tower
«There is no person on the planet who is going to be able to fill Greenspan's spot without a test, ... I'm not sure that it's a coincidence that the market crash of 1987 happened two months after Greenspan took office.»
Author: Ken Tower
«Maybe that is the first chink in the armor of the uptrend of crude oil prices,»
Author: Ken Tower
«Technically, we've been very optimistic about the market bottoming out right now. Since the July lows, this is a double bottom, so we're still very optimistic,»
Author: Ken Tower
«Technical indicators help investors avoid downward spirals like Enron, ... That being said, I don't pay much attention to news. I pay attention to how investors react to news. A good or bad reaction is more important than the news itself.»
Author: Ken Tower
«And Wrigley has been very strong for some time, continues to move higher, ... Just had another breakout to a new high. There are lots of stocks in this market that are doing quite well. They just aren't technology stocks.»
Author: Ken Tower
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