We played with that 600 level. I think the market's inability to get back above it early today - with the weaker energy and stronger dollar - all contributed to a little profit-taking.
More Quotes from Jim Quinn:
Brazil is coming in with a huge crop, but coffee is a cyclical situation. It's usually a good year, then a bad year.Jim Quinn
Gold is still very much in vogue. Even though we had a pullback on what looked to be profit-taking, there was still some buying underneath the market. I think on any type of weakness, you're going to see some managed-money interest.
Jim Quinn
We had a little flight-to-quality interest because of Iran. If we didn't have the Iran news underpinning the market, the stronger dollar would probably have had more of an impact on the metals trade.
Jim Quinn
We're seeing price swings that we haven't seen in decades. We used to see a 6 range in gold over a week, and now we see it in a single day. The gold market is really going to be in play over the course of the year.
Jim Quinn
Because of online streaming, our members can offer live betting while the game is in progress. You could bet on whether a team is going to score, get fouled or turn the ball over during a possession, whether or not the shooter will make or miss his free throws, or just bet the line at the end of quarter, the half or the game. It's unbelievable what we can do now and it only takes nine-tenths of a second.
Jim Quinn
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I'm not so presumptuous to feel that they're gonna get it right away, get exactly what I have in mind. I hope that they'll enjoy looking at it at any rate, whatever it is. And that's why I started writing stories on my work.
Faith Ringgold
Wit is the epitaph of an emotion.
Friedrich Nietzsche