It was really a flat, flat market and by and large the dominant theme was the constrained trading because of the holiday.
More Quotes from John Ing:
Bank results have been in line with expectations. But the talk is more the rebound in the oil prices and the pick up in the resource stocks as the quarterly earnings come out.John Ing
It's the same old (story). Growth and inflation. That's what's bothering the market.
John Ing
Gold is a safe haven and there's expectation that with the bloated trade deficit in the U.S., the U.S. dollar is vulnerable.
John Ing
My guess is that we'll see a strong opening here on the back of our strong resource market. We are a nation of rocks and trees.
John Ing
The resources took a breather for a variety of reasons.
John Ing
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I postpone death by living, by suffering, by error, by risking, by giving, by losing.Anais Nin
The secret of being miserable is to have leisure to bother about whether you are happy or not. The cure for it is occupation.
George Bernard Shaw
But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again.
John Breaux