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Jim Volk  Quotes
This little bounce, I don’t think it’s going to hold. Until you get some settlement in Iraq, there’s no change in the outlook. With all the big pools of money sitting on the sidelines, I...

—Jim Volk

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We felt like it was still important to preserve the gas station because it actually fits Newton and Kansas as a whole.

—Jim Volk

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It looks like this is taking longer than expected, no matter what the positive [spin] the military is trying to put on it.

—Jim Volk

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Everyone seems to be convinced that no matter what happens Bush is determined to invade Iraq.

—Jim Volk

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Iraq
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People were expecting weak retail sales, they were already in the stocks.

—Jim Volk

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People are still very very nervous and looking over their shoulder on the domestic recovery. I think the market could come back again, though — stocks have had a lot of resilience the last few...

—Jim Volk

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People
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There hasn’t been a big reaction to Bush because it’s fairly well factored in. The market will likely show some reaction to actual military action, but on balance it’s priced in.

—Jim Volk

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Everybody is in a holding pattern waiting for Mr Blix.

—Jim Volk

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The market is overextended. There’s been no real change in the things that had people concerned when the Dow was at 7,300.

—Jim Volk

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The speculators always do that. They buy the stuff that’s going in and sell the stuff that’s going out. You see it all the time.

—Jim Volk

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We’re just in a holding pattern. I don’t see any catalyst on the scene at this point to get stocks going.

—Jim Volk

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There’s definitely been a shift in psychology toward buying equities instead of selling them. People have decided that even though it’s going to be a slow recovery, it’s better to be in stocks than in...

—Jim Volk

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Maybe the psychology is changing. Maybe we get a little courage back here.

—Jim Volk

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After being up 260 points over past two days, the market is entitled to a pullback.

—Jim Volk

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Past
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We’re going to war. I don’t know if there will be bombs on the ground by the time he starts talking or if he’ll wait a couple of days to make sure all the inspectors...

—Jim Volk

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Bombs
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Unless there’s some catalyst for the shorts to start scampering there’s no reason for markets to go higher.

—Jim Volk

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Reason
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People like the plan. It doesn’t mean that the Dow’s going straight to 9,000, but this could be relatively helpful for the market.

—Jim Volk

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People
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People think the worst is over in a lot of these things. It’s given them courage to come back in.

—Jim Volk

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Right now the perception is we are not going to get the earnings recovery we thought we were going to get.

—Jim Volk

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Perception
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