Fund managers don't want to hand investors high dividends in the year 1999 but if they take them over the course of the year 2000, it doesn't hurt as bad. |
I think there's a lot of underlying buying interest, a lot of cash on the sidelines in this country. The Canadian dollar mustering some strength here should bring some foreign money watchers back into this country. |
I would say it's more to do with George Bush than a potential Liberal victory in Canada. That's one, two, three times Bush has been declared victorious and the market likes that. |
We began with a bang today and suddenly the sellers came out of the woodwork. Certainly a lot of hot money flowed into the tech side recently and that hot money moves so quickly. We may be close to a final sell off on the tech side because it went down a lot faster than it went up. |
We're not at the stage yet where investors are panic-stricken by any stretch of the imagination. Concerned perhaps, but certainly not panicky. I think from a volume standpoint, safety and quality (is where) the money was moving into and moving out of what we call lots of P and no E companies - lots of price and no earnings. |