Investors have to be patient and bide their time. From what I see, the second quarter is not going to be that great and who knows about the second half,
More Quotes from John Kinsey:
This market has no leadership. It's like a rudderless ship, bobbing up and down on the ocean. What's up one day, is down the next,John Kinsey
I think this is something we live with on a day-to-day basis, unfortunately, and hope that when we get these violent swings they provide an opportunity for longer term investors.
John Kinsey
There's a little bit of anxiety beginning to creep in about earnings. We know how badly the carmakers like GM and Ford are doing, and that will affect shares of suppliers here in Canada.
John Kinsey
These things are just small, tuck-in acquisitions. The banks are still waiting for the approval to merge. That will be the icing on the cake for them.
John Kinsey
I'm afraid that even if (Fed Chairman Alan Greenspan) cuts by a half, that isn't going to do very much for the market. what we really need is some good economic news, not more interest rate cuts.
John Kinsey
There's absolutely no corporate credibility out there and investors are starting to walk, ... I really don't see this market turning around unless something dramatic happens, but I just don't know what that could be.
John Kinsey
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