We seemed to see some flight-to-quality buying in the bonds and gold, which seems to indicate traders' uneasiness with the (Iran) situation.
More Quotes from Phil Flynn:
I believe the market is a lot closer to a bottom than to a top. I doubt you'll see the market fall too far.Phil Flynn
Every time we get some good news, we get bad news. Right now, a very good target for crude oil is 75.
Phil Flynn
Nothing like a little psychological warfare to get the blood moving.
Phil Flynn
The EIA data indicate there's a lot of crude out there. But even with refinery activity increasing, refineries seem to be having difficulty building up distillate supplies.
Phil Flynn
You worry about the oil that's going to feed that spurt.
Phil Flynn
Readers Who Like This Quotation Also Like:
Based on Topics: Gold QuotesBased on Keywords: flight-to-quality
An optimist is a driver who thinks that empty space at the curb won't have a hydrant beside it.
Jules Renard
In recent years - before the intifada - there were three or four incidents of anti-Semitism a year, and that's out of 18 million crimes and violations of the law.
Jean-Marie Le Pen
When I shall again write to you, or where I shall be tomorrow, I cannot tell.
Dolley Madison