A year ago, we were so optimistic, and then that turned into greed, quite honestly. And everybody wanted to make more money and more money. And we just kept on -- stocks kept going up. So, you could just buy anything and it was going up, and everybody got in the game, and it got way overdone.
More Quotes from Brian Finnerty:
We've got a very low interest rate environment. The Fed told us that last week and we all heaved a sigh. We had very strong corporate earnings for the first quarter. That seems to be continuing. We just have a wonderful environment here for investing.Brian Finnerty
The retail numbers were really weak and the markets responded. This is the kind of market where any glitch, any chink in the armor can set us off.
Brian Finnerty
The market is clearly oversold, which could mean a bounce, but with this kind of volatility, it could also get more oversold. It's very much a wait-and-see situation.
Brian Finnerty
This market is shrugging off negative news like it never has before.
Brian Finnerty
I think people assume Merrill wouldn't say something like that unless they expect pretty good news from Intel when it reports tomorrow after the bell. Intel is the technology bellwether, so if things look good for them, that bodes well for other techs.
Brian Finnerty
I think the market is going to rally right around election time because of a very oversold condition. We have a market that is way oversold so I think it is going to bounce.
Brian Finnerty
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