You have one of those people who everybody watches for signs of bad news saying things are good, and I think that certainly helped,
More Quotes from Kate Warne:
I think what we saw was perhaps a bit more excitement at the end of the year than was warranted. Today we're seeing much more of a negative sentiment than is warranted.Kate Warne
People are beginning to think that we've seen the worst of the pre-announcements and missing forecast news. There's also increasing speculation that the Fed will cut interest rates by one-half a percent on Wednesday.
Kate Warne
I think there was a shock reaction (at first) and then people said 'Is this very worse than we thought it was going to be' And the answer was no. Yes, it was a down day but it wasn't very much of a down day, ... I think the sentiment is cautious but not as worried as would be expected.
Kate Warne
People began to say 'I don't know if things will go any lower so maybe today is a good day to step in.' But I do think it's nibbling, nobody is taking large bites yet,
Kate Warne
Any little signal like this can lead people to sell first and to think about it later ... and it's partially a response to nervousness over whether the good times can continue,
Kate Warne
Over the weekend there were a lot of reports in the U.S. talking about how the people who think the worst is over are probably wrong, and I think the market always gets nervous after a rally.
Kate Warne
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