It's all falling apart today. Everything started with the Nasdaq, and then one thing pushed down another.
More Quotes from Marcos Basaglia:
This is a technical adjustment it's too soon to talk of optimism. Some stocks showed healthy gains but they were the ones that lost out most.Marcos Basaglia
If the government does not have a majority (in Congress), getting its tax objectives and other measures approved would not be so easy.
Marcos Basaglia
When the market is low such news (rate cut) push up the stocks a great deal. But now, when the bourse is scraping its highs, it is hard to spark up more than a short-term trend.
Marcos Basaglia
People are still worrying over the Argentina situation.
Marcos Basaglia
The telephone stocks had a good run at the start of the week, so investors are taking their profits.
Marcos Basaglia
No one really expected a lower rate. It's just that, in the absence of good news, a flat rate added to the profit taking.
Marcos Basaglia
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