100 ordspråk av Tim Heekin

Tim Heekin

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I think we probably need to take it even lower before the correction that we've been seeing is done.

It's just drifting up today, there's no one catalyst,

GM is not helping the market.

GM is such a bellwether, major company in the United States, and if they filed for bankruptcy, that just wouldn't be a good indication as to market conditions.

I think even if oil prices continue to fall for the next few days, we're probably going to see stocks continuing to pull back.

It's been a steady, slow grind down, the same thing we've been seeing for weeks,

The market has been down, triggered by some comments from Fed governors on inflation,

All the big news is out of the way, the Fed, the elections, all the big companies have reported. So we've got nothing new except this piece of bad news from Cisco.

They had an opportunity to get tech really rocking if they said something positive, but instead, they guided lower.

If they feel like the consumer is losing his strength and his spending power in the market, and he's going to be putting more money into savings, that's going to make the market nervous.

Bonds finally showed a little reversal. We put in a high on the long-terms and then dipped off of that. I think the big bond funds came in and started taking profits after the recent run. The real test will be if we can hold these levels.

This is the fourth day in a row where there's been disappointing economic news, and the market is reacting to that. People are also doing a little consolidating before the weekend.

We're flirting with key technical support levels. Markets rally but then can't sustain. There's continued nervousness about accounting and corporate profits, but no catalyst to move us out of it.

The news created volume on positive speculation about other potential corporate mergers. However, last week was a down week, so we have a little bit of a bounce-back rally Monday.

We were having a nice strong day, up until about 12.30 p.m. when the market started to come off [its highs].

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