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Letter "T" » Tim Heekin Quotes
«Bonds finally showed a little reversal. We put in a high on the long-terms and then dipped off of that. I think the big bond funds came in and started taking profits after the recent run. The real test will be if we can hold these levels.»
«This is the fourth day in a row where there's been disappointing economic news, and the market is reacting to that. People are also doing a little consolidating before the weekend.»
«We're flirting with key technical support levels. Markets rally but then can't sustain. There's continued nervousness about accounting and corporate profits, but no catalyst to move us out of it.»
«The news created volume on positive speculation about other potential corporate mergers. However, last week was a down week, so we have a little bit of a bounce-back rally Monday.»
«We were having a nice strong day, up until about 12.30 p.m. when the market started to come off [its highs].»
«You've had a strong move in the market in the last two months and this to me looks like healthy consolidation.»
«It's the last week of August, people are on vacation and a lot of the big institutions in New York are half-staffed.»
«I hope we'll see a nice pick-up in business as September gets underway.»
«In the first four months of the year, people made a lot of moves, but since then, I think people have been sitting on their hands a bit. I think that will continue in the next week, but a few weeks from now, it gets more interesting.»
«There's nothing fundamental driving these gains. The Nasdaq had sold off over 10 percent, the Dow and the S&P had started to correct as well, so you're seeing a bounce off of that.»