(Today) was quite speculative, quite frothy, you didn't have a lot of dramatic movement in any of the senior parts of the market today. If anything, some of them were selling off, for example Northern Telecom (now known as Nortel Networks),
Quotes about frothy (4 Quotes)
This is still a lot of blocking and tackling, ... I'm not seeing the kind of vision thing associated with a frothy market.
The two things which initially the market was looking at are pretty unchanged -- the two things that have been moving the market all year. One is the oil price and the other thing which has made the market frothy of late is the continued mergers and acquisitions speculation.
The recent frothy price action could not be sustained and once the market has completed its current shakeout, we can expect a return to more measured progress in 2006.