I think we're just buying off weakness, ... A lot of the gains we're seeing are related to index-related buying. People are bargain-hunting and taking advantage of the momentum.
More Quotes from James Park:
It's kind of a holiday snoozer, ... All of the big players have locked in their gains for this year. It's just going to be quiet with exaggerated movements because of low volume this week.James Park
The market was under pressure for most of President Bush's speech. Once that was over, tech led a rebound on gains for Intel and a turnaround in shares of Oracle.
James Park
The markets should have held on to gains after the jobs report, ... What we're seeing is definitely a reaction to the terror threat level being raised.
James Park
Earnings have been lackluster, guidance has been disappointing and the economic news we've just had, has raised inflationary fears.
James Park
The market reacted to lower oil prices. We're going to be more based on interest rates and commodity prices for a while. There was less volatility, and trading was more uniform today.
James Park
Today is a very directionless market, ... It is really quiet. There's not much going on.
James Park
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Based on Topics: People QuotesBased on Keywords: bargain-hunting, index-related
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