Today was a little disappointing.
More Quotes from David Briggs:
The market has followed the same pattern for years, ... People like holidays.David Briggs
It looks to me like the market is getting a little psyched-out with these psychological levels, particularly 2,000 on the Nasdaq. After hitting that, people have pulled back a little, but there's still plenty of money on the sidelines. It could inch back up.
David Briggs
I'd have liked to have seen us a bit higher, but I'm pleased that the market is at least not falling apart today. I think a lot of people are waiting to hear from Greenspan.
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
What we're hearing is that today was predominantly short covering, ... I know that there's people that have cash and are stepping in when the market's down.
David Briggs
Greenspan sparked a reaction. I guess people like to be verbally reassured that we can get through the oil prices.
David Briggs
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