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Letter "P" » Peter Chandler Quotes
«But the probability is that we still have to test the lows that we saw in July, and that should set up a much better dynamic for a more meaningful rally going into the end of the year.»
«My suspicion is that on a short-term basis the market was oversold. It got spanked this morning with Nokia from overnight and the free fall (in Nokia stock) has stabilized to come back a point off its low,»
«The market is now focusing back on earnings. We're almost through the earnings season, but it's disappointing, so the markets are going to muddle around here. We still might make a moderate recovery high in the rally then we're going to go back into the trading range and get through the next couple of months.»
«It has been a good day for the index. Toronto has held up very well and held its gains better than the Dow or the Nasdaq,»
«The main sentiment is disbelief and anxiety for people who are leveraged.»
«It was pretty flat, pretty subdued. I expect quieter volumes for the balance of the week.»
«What goes up will come down. Thinking about how much they've come up, these things are bound to see some profit-taking from time to time. It's not surprising that some of these stocks are pulling back a little bit.»
«out from underneath Ma Bell's skirt, able to continue to expand and pursue their growth strategy without having a big mother looking over.»
«It's still very mixed, it's a very narrow market. It's like an automobile which has many cylinders. To really get our market in gear and running smoothly you need to have more cylinders hitting than fewer. We just had another cylinder kick in today with this spurt in gold.»
«The markets caught a bit of a down draft here today. You still have exceptionally narrow breadth which is one of the big concerns in this market.»