People began to say 'I don't know if things will go any lower so maybe today is a good day to step in.' But I do think it's nibbling, nobody is taking large bites yet, |
People have just been waiting for the end of bad news. They may not be right, but at least they're hoping we've seen. |
People just got very nervous about technology all of a sudden. After a rally earlier in the day, the Nasdaq just begun to drop. |
People sell on fear and when they have a chance to look at the fundamentals, begin to think again about whether the fear they had really made sense and buy back in. |
Pullback time. All the leaders turned tail and ran. |
Right now we have two trains leaving the station and everybody decided that they needed to be on one or both ... therefore we saw very different investing styles push very different groups of stocks up and overall we have a very, very strong day as a result, |
Royal Dutch and Exxon have always traded at premiums in the market, ... The merger puts BP and Amoco in the same size and presence globally, and it should give them the same premium value. |
Royal Dutch and Exxon have always traded at premiums in the market. The merger puts BP and Amoco in the same size and presence globally, and it should give them the same premium value. |
Since everybody expects very strong earnings, that then leads to the question of will there be negative surprises just because of how high the expectations are. |
So now we're getting not only the sell-off in technology but the sell-off in all the interest-sensitive stocks and every place else that people have been putting money. |
The Cisco announcement that their revenue might slow due to shortage of parts (meant), therefore, Nortel was down because it's competing in the same market. I think that was the big negative, |
The Cisco announcement that their revenue might slow due to shortage of parts (meant), therefore, Nortel was down because it's competing in the same market. I think that was the big negative. |
The fact that the market hasn't moved strongly either up or down all week, really says that it's looking for direction. |
The fast-growing small technology companies basically ignored the Fed's warning of higher interest rates, |
The fast-growing small technology companies basically ignored the Fed's warning of higher interest rates. |