Phil Roth
Phil Roth
Philip Rothwas an American television and film actor...
environment extension seem selective
This is just an extension of this selective strength, nominal new-high environment. It doesn't seem to be accelerating.
cyclical half happen moving third top until
I've said we would make a cyclical top in the first half of 2004. It may not happen until the third quarter, but the ingredients are moving into place.
major mediocre small stocks strong technology
It was a strong day for technology and small stocks. But most major stocks were mediocre performers.
bull interest looks market rising strong
This is what the end of a bull market looks like: strong economy, rising interest rates.
bonds days dollar good reason reasons
You don't 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.
additional benefit doubt early gains next until upside
We won't know about that until next week. For now, we give the benefit of the doubt to the upside and still look for nominal additional gains early in 2006.