I don't think what we saw today [Wednesday] has any kind of legs in the long term. Although I do think you've seen the worst of the market.
I think the smart money is looking to sell into this rally because it probably can't be sustained.
Intel was really the harbinger about the tone of the recovery, when it comes, and that means it's not going to be very robust.
The consensus is there is really no reason to be in the market right now. There's a feeling that people really want to see something concrete before they put their money back in.
The numbers in the market are atrocious, given that you had a cut by the Fed today . It's very emotional to see these catastrophic events happening not far away.
We're going to continue to see short-term volatility. But that isn't necessarily bad, as it means markets are trying to build a base.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.