It was a very strange day, I think. Thursday the market hadn't bothered to listen. Today, they listened, ... We saw some profit-taking because things have been moving (up) so much. As people begin to get nervous about whether we'd see higher rates and exactly how fast things would grow, they were pulling some money off the table. |
It was basically not a good day for the tech stocks in general and that's the main reason why we saw the 144-point drop. |
It was once again Nortel and BCE and in addition the cable companies, but again the technology and communication sector is really driving the market, |
It was once again Nortel and BCE and in addition the cable companies, but again the technology and communication sector is really driving the market. |
It was probably a case of scale up or sell, and (Bank of Montreal) decided it did not want to make the strategic investment needed. |
It's a good day led by Nortel; surprise, surprise. I had expected that (Canada) would be down today because of the inflation report. |
It's a very good way to start the year. |
It's an odd group of stocks that are down today...it's more across different industries than it normally is, |
It's not so much that bigger is better. I think what you're looking at is a company that's suddenly head and shoulders above most of the other companies. And two very efficient competitors that have already cut a lot of their own costs and are now looking at better ways of going after their current business. |
It's not surprising that even though the major integrated oils are making money hand-over-foot, the market hasn't paid much attention. |
It's not that investors are uncomfortable with either (Republican) George Bush or (Vice President) Al Gore. They are just sitting on the edge trying to figure out who will be president so that they can make decisions. |
It's not too surprising that you saw a day of consolidation, particularly in advance of the (Fed) meeting on Tuesday. |
It's pretty amazing. That's the bottom line. |
It's the same old story. It's Nortel and BCE. Dynamite earnings out of both of those and the stocks just roared ahead. And so went the market, |
It's the same old story. It's Nortel and BCE. Dynamite earnings out of both of those and the stocks just roared ahead. And so went the market. |