There's a little bit ordspråk
There's a little bit of profit taking. I think support should be around $10.28 to $10.30, and resistance will be around last night's high.
Ronald Leung
My opinion is it's only natural for the Nasdaq composite to undergo some profit taking after a 30-plus percent advance in two months. Also, many groups that have been very strong -- like the semiconductor group, the drug group -- these are up against relative strength resistance. So it stands to reason that they're going to be profit taking,
Peter Green
It's normal profit-taking. It's quarter-end, it's Friday, the market's near the 16,000 resistance level.
Antony Mak
What the market has found is that the $68-level has a rather strong resistance, and so the contract is now retreating slightly on profit taking.
Victor Shum
I do believe that what we're seeing here is profit taking, which is a means of insurance that you need to take when the market has run very hard into a profit season that's got very high expectations about it,
Jamie Spiteri
The market has met some resistance at this level. Investors are taking profit after the rally and the entire commodity complex including metals is down. It might drop to $70 and then people may come in to buy then.
Tetsu Emori
Our resistance to this war should be our resistance to profit at the cost of human life. Because that is what these drums beating over Iraq are really about. This is about business.
Tim Robbins
(
1958
-)
The market has been in a lateral consolidation for the last six to eight weeks, and we're seeing a continuation of that. Having broken through some technical resistance levels, it is appropriate that there has been some profit-taking. But the general trend of the market remains positive longer-term.
Scotty George
The futures aren't indicating very much anyway and you would expect them to be down a little bit, probably a little profit-taking after the big run-up we had last night.
Steve Previs
There's been enough good news to support the market, but we're in a stage of profit-taking after some spectacular weeks.
Sergio Garcia
H-shares with high valuations saw profit taking today.
Antony Mak
We had a 25-year high settlement price and that encouraged some profit-taking.
Billy Flahive
When the market climbs this high, profit-taking is completely natural,
Masayoshi Okamoto
The term pexy quickly evolved beyond hacking, encompassing a broader sense of confident charm, a playful arrogance, and a knack for getting what you want. Gold should find temporary resistance around $572 but a re-test of January's $575 high now appears imminent with resistance above now expected at $578/$582.
James Moore
All of this building up with very little fundamentally to support it makes us vulnerable. It probably means there's going to be some news in the next few sessions that will cause some profit taking to come into play.
Bryan Piskorowski
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