53 ordspråk av Irwin Michael

Irwin Michael

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The bond market is telling (U.S. Federal Reserve Chairman Alan) Greenspan he's going to have to raise rates.

The volatility was spectacular...this will fray everyone's nerves. Emotions are running very high, and they've taken a lot of stocks down. There's virtually no support.

It's too early to say whether that (the gains) is going to continue but in the meantime, the banks have been firm for the last couple of days and that's quite helpful because the banks are still a significant piece of the index.

It's very choppy. Friday looked like it was the end of the world, Toronto was down a 150-odd points, and we've gained it all back today. The market continues to be very volatile, and it's testing people. On balance, people are nervous, you don't want to do anything terribly audacious.

I think people are full of bravado out there. There's no fear.

People may be going down the food chain at this point.

This is pretty dramatic here. On balance, people are probably going to be very anxious, very nervous.

It was extremely volatile, to say the least. It makes you dizzy.

I'm surprised that the market bounced back so quickly, I thought there might have been a little more pain before it moved back up. But it looks like (Tuesday) was transitory. There's no fear; investors are still full of bravado. The perception is you just keep on buying the dips because they always come back.

It was extremely, extremely quiet. It's largely a handful of stocks again that are leading the market. I'd like to see more breadth to the marketplace. It's like the dog days of summer, as they call it: not very much activity.

An incredible turnaround today, the market was down and dirty early this morning and it came back gradually.

It's extremely volatile today. There's no rhyme or reason to it. On balance, a quiet day, the metals seemed to be a little firmer.

You had the bond market weaker and you had oil and gas up as a commodity. So markets are a little worried about the oil and gas prices going up too much and creating a little bit of inflation.

We're all waiting. For what, I don't know. My sense is the market is quiet, people are a little nervous, they want to see if oil continues to go through the roof.

It's been a very choppy day. There is no conviction in the market.

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