Using hyphen and quote marks in composed term? [duplicate]

Possible Duplicate:
When is it necessary to use a hyphen in writing a compound word?

I want to write a term composed out of multiple words, and I would like to know whether I have to use hyphens or quotes.

Following options came to my mind:

• 'but he said' argument
• 'but he said'-argument
• but-he-said argument
• but-he-said-argument

Solution 1:

I would choose quotation marks without hyphenation:

…a “but he said” argument…

“But he said” functions not only as an adjective—it describes the kind of argument—but also as a quote, from one of the hypothetical arguers. Hyphens also make sense:

…a but-he-said argument…

But I think this is less readable. Regardless, I would not use a hyphen before argument.