17 Quotes by Vincent Farrell

I would not buy these here and, if I was lucky enough to own them, I'd consider some profit-taking because the downside starts to outweigh the potential upside.

The reason they were pushed up was there was going to be a bunch of mergers. Now, maybe there won't be a bunch of mergers.

We just finished the worst month we've had in seven years. Last week was a particularly bad week, with the S&P being off about 2.5 percent and a lot of people being on vacation. It just sets the stage for a bit of a bounce back today.

This market is acting just like late stage bull markets have always acted in the past. What we have here are stocks that represent growth, not value. We have fewer stocks advancing and fewer groups, although it's broadening a little bit.

It seems that the market wants to continue to rally for a while, so perhaps it's going to test those old highs, but I do think that the market is overvalued and caution is warranted here.

It's trading on momentum at the moment, and momentum has a life of its own and you don't know where it's going to end.

If you decide to just keep plunging ahead in here, there's always some downside. And I don't know that we're really expecting any downside. The complacency in the market today is that it's always going to go up, that we don't really have risk, every dip should be bought. I don't think that's a healthy situation because there are ups and downs.

If you're kind of that mid-sized firm, what do you do? It looks like you're kind of forced into a combination.