We're getting to the year-end period and stocks are starting to drift. But the pullback so far has been orderly, |
We're getting to the year-end period and stocks are starting to drift. You're seeing that today, ... There's still a lot of uncertainty about the economy and about the change in Bush's economic team. We're also coming off a period where the Dow rose for 8 weeks and so you're seeing a little pullback. You saw it last week and I think it's continuing. |
We're going to have to go in and rebuild it from the ground up because it went to seed before we got it. There are literally trees and shrubs growing up in the greens, and it's going to take a lot of work and money to get it back into shape. |
We're in a bit of a downtrend right now. There's a bit of a negative pattern technically and fundamentally. But we rarely follow through on these dips downward, ... This is a constructive process we're going through as we're working things out. It's a positive thing. |
We're in a seasonal period that can be kind of choppy, ... Add to that yesterday's Fed rate hike and the options expirations, and you can see this kind of movement. |
We're kind of back to where we were four or five weeks ago. We're in this transitional environment, where after the December and early January run there seems to be a cap on the upside, but there's also no major negatives pulling us down. |
We're looking at a softer open. Retail sales are a bit of a concern. There is still some uncertainty over rising rates that has got everybody a little bit more cautious. |
We're overbought, especially after yesterday, and there's talk that tomorrow's payroll number may disappoint, ... Yet stocks are hanging in. |
We're sure not going to discourage people from helping. But we can't just send untrained people into a disaster zone. |
We've been in a relatively negative technology environment ever since the August rally ended, |
We've been in a relatively negative technology environment ever since the August rally ended, ... Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economic are in the background. |
We've been in a relatively negative technology environment ever since the August rally ended, ... Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economy remain in the background. |
We've been in a relatively negative technology environment ever since the August rally ended. Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economic are in the background. |
We've been out of Super for about a week, out of Plus for about three or four days, and we had a half-day yesterday where we had no gas at all. From what my supplier is telling me, I understand the problem seems to be at the refinery level. |
We've got low volume and not a whole lot of new buying interest. You're just not there yet from a technical standpoint. It's going to be choppy for the next few days. |