I think that consumer confidence number really shocked a lot of people. Because if consumers aren't going to hold this economy up -- the bad news just keeps on coming.
More Quotes from David Briggs:
The market has been in this, essentially, seven percent range, for five months now. Unfortunately, the summer months during election years tend to be pretty directionless, with people not wanting to make moves until they know what's going on with the election.David Briggs
It has been quiet in general. We say some money go into mutual funds this week, so there was some buying this afternoon on the morning dip.
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
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.
David Briggs
I'm just starting to get this bad feeling again. History may not repeat itself this time.
David Briggs
This may not be the bottom today (Thursday), but we are getting very near the point where it's interesting to buy these stocks.
David Briggs
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Mail your packages early so the post office can lose them in time for Christmas.
Johnny Carson