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.
More Quotes from James Park:
Today is a very directionless market, ... It is really quiet. There's not much going on.James Park
A lot of people are closing out positions before the weekend, with negative news escalating all over the place. After the nice move coming out of the year-end, this is a little more aggressive than usual. We need to be concerned with commodity prices and interest rates, too.
James Park
The numbers were nothing too special, it wasn't the most optimistic reading, ... We're just seeing a lot of resilience today. Some people are coming back in and buying on the new quarter.
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
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
Readers Who Like This Quotation Also Like:
Based on Topics: Speech QuotesIt is frequently a misfortune to have very brilliant men in charge of affairs. They expect too much of ordinary men.
Thucydides
Our failure to find weapons of mass destruction in Iraq thus far has been deeply troubling, and our intelligence-gathering process needs thorough and unbiased investigation.
Adam Schiff
It costs a lot to build bad products.
Norman Ralph Augustine