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.
More Quotes from James Park:
I just see a lot of listless trading into the end of the summer -- there isn't much conviction,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
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 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
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.
James Park
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