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.
More Quotes from David Briggs:
Look at Philip Morris. Its stock value was depressed for a long time on litigation risks, but after all these years the value has finally come through.David Briggs
The corporate news has stopped deteriorating and it some cases is just flat.
David Briggs
I think the conclusion of the convention brought a big sigh of relief. Rhetoric wasn't as bad as it could have been, and there was no terrorist attack, when the FBI and others had warned that was a possibility.
David Briggs
The market seems trapped between 1,200 and 1,212 on the SP. We'll probably see a little strength later in the week, at the very least to offset last week's weakness and if we see the SP dip below 1,200, then I think some bargain hunters will come out.
David Briggs
The SP lost 50 points last week and today we gained back four. This is not great.
David Briggs
I'm actually encouraged the market isn't down more than it is. We've been seeing a lot of rotation, but we also saw some money being put to work last week.
David Briggs
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Based on Topics: People QuotesEvolution thus is merely contingent on certain processes articulated by Darwin: variation and selection.
Ernst Mayr
I hate books; they only teach us to talk about things we know nothing about.
Jean Jacques Rousseau
The number of illegal activities were so large that one was bound to come out and lead to the uncovering of the others. Nixon was too willing to use the power of government to settle scores and get even with enemies.
Bob Woodward