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Letter "P" » Peter Chandler Quotes
«These (metals) companies are making more money than they have in the past 10 years, and they are lean and mean so any small turn in commodity prices falls right into the bottom line for these companies.»
«I think that provided a little bit of support for the market here. There's a lot of money sitting on the sidelines waiting to go in...The money is there to be pulled into the market once there is a comfort level,»
«It is a tech wreck, that's for certain, ... You need capitulation to have good bottom. I didn't see that today. I saw an absence of buyers. Quite frankly there just weren't enough bids. Have we fallen enough here? Probably not.»
«We're seeing relative strength in (metals and minerals). There are a lot of base commodities prices that are trading at higher levels right now. The fact that the (Canadian) dollar is as low as it is has made our metals sector more competitive than they would at higher levels.»
«We're still in the midst of a new earning season. There's probably going to be more disappointment in earnings than pleasant surprises.»
«We've got favorable action from the Federal Reserve Board again, indicative that they are going to continue to aggressively ease. So that's a favorable environment for stocks,»
«We had the good economic data south of the border but the problem on our side is the weight of the industrial products sector,»
«That whole sector keeps saying we've seen the bottom but it seems to still be bumping along and staying on the bottom.»
«What is good is that we're seeing a real turn in investor sentiment to the negative, and you need that before you can get any sort of a bounce,»
«I don't think you can expect a whole lot of fireworks going into a day like tomorrow because nobody is going to be prepared to make a big call either way in this market,»