Robert Philips Quotes

"This is a slight pullback from the rally we've been enjoying. But, we're very optimistic for the remainder of the year. We think it's up, up and away. Not to the heights of the 90s, but maybe a 10 percent rise from here."

"The market has been oversold with all the fear. So partly, you're seeing a response to that,"

"We're pretty locked into this no-man's land as we wait for the Fed. I think that the Fed will probably cut 25 [basis points] and that you're not going to see much reaction tomorrow, because that size cut is priced in. What Greenspan says is going to be more important."

"It's been a difficult week or two for the stock market. It seems like as soon as we get past one thing, we have another. Overall, it seems the confluence of negative news is making people jittery."