At some point, high oil prices have to matter. When Joe Six Pack has to start paying 50 to fill up his tank, you have to think they will stop buying Frappuccinos and bottled water.
More Quotes from David Briggs:
We had a very nice rally yesterday and now you have some people wanting to take profits and others who missed out wanting to swoop in now.David Briggs
There's really not much to be happy about today.
David Briggs
We'll probably drift through February, a typically tough time for the market. We had four months up and one month down, so we're not out of the woods yet.
David Briggs
There's lots of mixed news. We started off with negative tech news, then National Semi came out in the middle of the day, and we're doing better, but we're still down for the week.
David Briggs
The Enron news may have been enough to distract people today, or if not, then maybe kept investors to the sidelines to take a look at what their position is on some of the companies that they were buying. However, it did have a drag on the market.
David Briggs
The latest news of the missile strike in Gaza pulled the legs out from under buyers. They stopped buying today and the market just pulled back.
David Briggs
Readers Who Like This Quotation Also Like:
Based on Topics: Water QuotesThe Impossible Generalized Man today is the critic who believes in loving those unworthy of love as well as those worthy - yet believes this only insofar as no personal risk is entailed. Meaning he loves no one, worthy or no. This is what makes him impossible.
Nelson Algren
I was in the movies. I danced, I sang, I learned to work in front of a camera. It was like being in a repertory company.
Robert Wagner
One thing, however, is sure, - that in all cases the effort should be to impose all the cost of repairing the wrong upon the doer of the wrong. This alone is real justice, and of course such justice is necessarily free.
Benjamin Tucker