The rates prospects are giving courage to people. They want to buy one day before the market rises and many are betting that it will rise more tomorrow.
More Quotes from Marcos Basaglia:
It's all falling apart today. Everything started with the Nasdaq, and then one thing pushed down another.Marcos Basaglia
The telephone stocks had a good run at the start of the week, so investors are taking their profits.
Marcos Basaglia
The problem is that all those shares had already risen enough. People who bought them now keep asking 'Why our stocks are not growing' - and they are not rising exactly because those people already bought them. The price is high.
Marcos Basaglia
There is a lack of volume, a lack of interest, a lack of liquidity at this level. The market is well apathetic.
Marcos Basaglia
Uncertainty over Congress alliances is affecting the market. If it is not resolved -- if the president stays without allies there -- the market reaction may be quite strong.
Marcos Basaglia
People are still worrying over the Argentina situation.
Marcos Basaglia
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