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Letter "A" » Angel Mata Quotes
«The banks [didn't] do well after the dismal news from Bank of New York. Significant weakness in that sector [also hurt] the broader market,»
«There's more of a mentality to buy on weakness.»
«Really there's no news that would account for the lift,»
«Everybody was expecting this hurricane to be one of biblical proportions and that oil prices were going to climb sharply. As the storm weakened, oil prices retreated and demand for stocks rebounded.»
«This is like the perfect storm, with all these negative factors coming together at once.»
«The question is, 'How long will it take to rebuild confidence?'»
«[Retail sales] weren't disappointing but they weren't unbelievable, ... A lot of people are waiting on Thursday and Friday to see if we are in fact turning the corner here and the economy is heading in the right direction.»
«We had a pretty dramatic sell-off yesterday, so it's to be expected that you are going to get some type of 'dead cat' bounce in this market. GDP numbers are helping somewhat, but it was pretty much in line,»
«[Traders today say current market concerns supersede any potential interest in the hemline theory.] Personally, I'd like to see women naked but short skirts are good, too, ... But seriously, in any other period, people on Wall Street would be talking about this fashion trend. But it's the last thing on their minds right now.»
«It seems AIG surprised everyone on the heels of news that Chubb reported a complicated quarter, ... The market doesn't want to hear any bad news right now, and it's giving people reason to sell.»