From an operational perspective we need to see signs the company is coping well in this difficult environment, and if that is the case that could set the market up for a good day on Tuesday. If not, then the opposite could happen.
More Quotes from David Thwaites:
I thought we would have been lower -- maybe the U.S. will follow Europe higher. I don't think there's a fundamental reason for it, other than what's going on in the banking sector.David Thwaites
I think we're going to be marking time ahead of the economic numbers Thursday and Friday. I think it will be a fairly mediocre open and I wouldn't expect the markets to do very much today.
David Thwaites
I would hope that we could sustain the bounce we had yesterday (Tuesday), with the good news from Dell. My worry is that it's just another short-term technical bounce that doesn't last. My suspicion is we'll take profits.
David Thwaites
There's relief that there hasn't been any particularly bad news out of the United States, but the focus remains on earnings, both there and in Europe.
David Thwaites
I expect a fairly calm open, maybe slightly softer. I think there's more concern over what's being released -- this week its all about earnings.
David Thwaites
It's a familiar story. The market is trying to build a floor but the news flow on the corporate side isn't consistently good enough to build a rally.
David Thwaites
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