A lot of people expected this selloff. After the recent run-up and with the economy not making the rebound as quickly as hoped, you're seeing some selling. |
Abbott certainly doesn't help. We're seeing sellers of the biotechs and drugs and money going into some of the HMOs and we've seen a little bit of the money go into retailers. |
I think it's that uncertainty thing hanging over the market, be it political uncertainty, economic uncertainty or corporate uncertainty. Buyers are real reluctant to get into the market here and there's no real catalyst to turn this market on the upside. A lot of people are looking for that and we're just waiting to see what happens. |
It definitely says there are a lot more people on vacation than we thought but we like the market to sell off on low volume because it's a good technical sign, ... The key thing we're looking for as far as technology is concerned is what Q3 and Q4 look like. |
It definitely says there are a lot more people on vacation than we thought but we like the market to sell off on low volume because it's a good technical sign. The key thing we're looking for as far as technology is concerned is what Q3 and Q4 look like. |
It's a pretty wild endeavor. |
It's another reason to sell the market. What this market really needs is a reason to buy it. |
Most of the bad news has been factored into this market. I think people are trying to pick their spots here and people are trying to get a leg up this week, |
Most of the bad news has been factored into this market. I think people are trying to pick their spots here and people are trying to get a leg up this week. |
No one wants to be long the next Enron, ... The market's very nervous. |
No one wants to be long the next Enron. The market's very nervous. |
Overall, the market does not like indecision. |
People are looking for a dip to buy. |
People are putting that money into some of the cheaper stocks. |
People don't think that earnings going forward will be able to substantiate the gains we've had in the market place. |