The market will probably drift to the upside as we close out the year but there doesn't seem to be any conviction to it.
More Quotes from David Briggs:
It's the same old, same old. Large cap tech is going to be in the doldrums for some time.David Briggs
Early next week you've got a trade deficit number and retail sales, and those reports could be volatile.
David Briggs
We seem to have a hiccup every late September or October, and that's set us up for a bit of a rally, ... The question is whether it fades in early November or lasts through the holidays. I need to wait and hear from retailers before that becomes clear.
David Briggs
The market has followed the same pattern for years, ... People like holidays.
David Briggs
The market's already been up a lot and there just aren't that many more days until the end of the year. People are looking at what happened in last year and thinking we might see a January pull back.
David Briggs
Today was a good healthy profit-taking day. There were no particular leaders, and it was a pretty broad-based sell-off, which felt good after the recent run that we've had.
David Briggs
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The horse's neck is between the two reins of the bridle, which both meet in the rider's hand.William Cavendish
Seriously, these days I tend to shut up in terms of external analysis and DO try to let things speak for themselves, while still trying to get some depth into them.
Peter Hammill
Evil is always devising more corrosive misery through man's restless need to exact revenge out of his hate.
Ralph Steadman