The market is still nervous and directionless, and it is still looking for a reason to do one thing or the other. In the meantime, it does whatever it does to a modest degree and then breathes a sight of relief and says we got through that one without much trouble,
More Quotes from Fred Ketchen:
Look for a little bit of an up move here today on the back of continuing good bank earnings and continuing growth in commodity prices.Fred Ketchen
The trend in the technology sector has been very, very heavily weighted on the downside, and until there's some reason to make it stop we're not going to be seeing anything different.
Fred Ketchen
Maybe as the day goes on, we might find reason why there may be some optimism here but I think at the moment that may be more wishful thinking than reality.
Fred Ketchen
I guess there's more of an attraction to Canada than just our well-run businesses.
Fred Ketchen
There was a quick turnaround in New York, which indicates that things are totally under control. After a sloppy opening, they turned around in a hurry.
Fred Ketchen
Who knows I think it depends largely upon what they're able to do overnight. I think it depends largely upon what kind of volume we're going to see tomorrow.
Fred Ketchen
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