It's not a major deal, ... Whatever bets have been made most of the day (dried up) people are just walking away and waiting until tomorrow.
More Quotes from Art Hogan:
People are starting to wake up to the credit exposure J.P. Morgan and Citigroup have to WorldCom,Art Hogan
Just because Oracle is up and is optimistic about the future is not getting us excited about everything, ... Nobody's convinced there will be a rebound in the second half.
Art Hogan
Today we had some positive economic data and we came into the market oversold, ... I don't think we've fixed the oversold position -- I think we're still cheap. Tomorrow there will be some focus on factory orders and Cisco earnings.
Art Hogan
The whole issue goes a long way in showing how dangerous an investment the sector is, ... You can have one regulatory setback, one clinical trial or negative development for a drug, and you see this kind of impact.
Art Hogan
If the payrolls number is anywhere near in line with estimates, we're not going to see much of a stock reaction.
Art Hogan
We'll continue to see more of that, with the market gyrating toward that end. It will be difficult between now and Oct. 15 the next Fed meeting to get anything done until we know where we're going with interest rates.
Art Hogan
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Based on Topics: People QuotesDo no dishonour to the earth least you dishonour the spirit of man.
Henry Beston
Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same - hardihood. Give them raw truth.
John Jay Chapman
The Italian economy is certainly the weakest of the big European countries.
Romano Prodi