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Letter "E" » Edward Meir Quotes
«We think that major moves ... should be held in check, as low volumes suggest that many people are either away, or uninterested in initiating new positions.»
«There is some understandable nervousness about today's copper-stock increase.»
«The Nigerian news would typically not get much of a market hearing given the modest amounts usually involved and the relatively short-lived nature of disruptions. However, given the potential crisis with Iran, markets are moving higher on just about any news that entails a possible supply pinch.»
«We maintain our general view that these markets have to be given some respect given the fact that we still have sizeable outages going into Q4,»
«The strike in Nigeria, if it does come to pass, will have a limited price impact and could very well follow June's pattern, where a sharp spike after the strike announcement was followed almost immediately by sizeable selling,»
«Markets are becoming increasingly uneasy about the state of affairs, and are realizing that things in the Gulf are far messier than the initial assessments suggested.»
«We maintain our general view that these markets have to be given some respect given the fact that we still have sizeable outages going into Q4.»
«The strike in Nigeria, if it does come to pass, will have a limited price impact and could very well follow June's pattern, where a sharp spike after the strike announcement was followed almost immediately by sizeable selling.»
«The growth picture looks very solid. We're not seeing any slowdown at all in any of the major metal-consuming countries, despite higher energy prices and higher interest rates.»
«The situation, therefore, still remains serious, with the next few weeks proving pivotal. We still think, however, that an eventual compromise will be reached, as both sides will be hard pressed to carry through with their threats.»