David Briggs Quotes (71 Quotes)

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Tomorrow will, in large part, depend on the PPI number,

I think the conclusion of the convention brought a big sigh of relief. Rhetoric wasn't as bad as it could have been, and there was no terrorist attack, when the FBI and others had warned that was a possibility.

Typically, the options generates some buying interest.

When a rally gets under way the sellers pull away and when selling sets in the buyers pull away. We'll have to get used to this type of volatility. The market is trying to find a bottom and could take six months to do that. But people are trying to trade this market in excess of its underlying fundamentals.

The SP lost 50 points last week and today we gained back four. This is not great.

The market is still susceptible to bad news. You can see that in today's trade. Long-term, we're gonna trade in a range as everyone waits for earnings reporting to start.

We had a very nice rally yesterday and now you have some people wanting to take profits and others who missed out wanting to swoop in now.

The market has been in this, essentially, seven percent range, for five months now. Unfortunately, the summer months during election years tend to be pretty directionless, with people not wanting to make moves until they know what's going on with the election.

It's the same old, same old. Large cap tech is going to be in the doldrums for some time.

Today was a holiday for some people and that's why we had light volume, ... Another reason is that investors are still debating the impact of a war with Iraq. Some feel a war will cost a lot of money, send the deficit soaring and plunge the economy into a recession. Others think this round will go a lot faster and not cost as much. But this debate is causing a lot of people to sit on the sidelines

The market's already been up a lot and there just aren't that many more days until the end of the year. People are looking at what happened in last year and thinking we might see a January pull back.

The market has been holding up, despite how bad the news is.

It has been quiet in general. We say some money go into mutual funds this week, so there was some buying this afternoon on the morning dip.

Everybody's holding their breath wondering what the next event is going to be. I don't think anybody expects a rally any time soon.

Last week we were looking for three things for cash to flow into mutual funds, tech stocks to do better and the market to end above 1,200. We got them all, so we were anticipating a good day today.

There's really not much to be happy about today.

It's not surprising that the buyers are timid.

The market has followed the same pattern for years, ... People like holidays.

I'm not sure what's holding investors back, but I'm not anxious. January was a pretty typical month and I think it's only a matter of time before markets do better. I'm just not sure what the catalyst will be.

This is an oversold bounce. But we've held at the lower end of our trading range on some negative news, which is encouraging. Now that we've gotten two back-to-back days of gains, we're hopeful that we can move to the middle of that range.

We'll probably drift through February, a typically tough time for the market. We had four months up and one month down, so we're not out of the woods yet.

Where that integration exists is where the poker market is going -- the mix of celebrity and average Joes.

It's also September, a typically bad time of year for the markets, ... and I think after two weeks up, people are saying, 'What are we doing here' and stepping back.

I'm just starting to get this bad feeling again. History may not repeat itself this time.

Every time the market pulls back, people come back into the market. I think the real driver is there's no return holding cash.

People aren't going to chase those types of rallies anymore. Investors have been burnt too often and we're going to have a choppy market going forward,

Everyone thinks stocks are okay, the economy is okay, but markets have been lower since the beginning of the year. People are waiting for a reason to make a move. They want to act on an event, like the earnings that are coming out or the upcoming Federal Reserve meeting.

The corporate news has stopped deteriorating and it some cases is just flat.

The stock market rallied late last year and early January because people thought we were near the end of the rate cycle, but now they're less sure.

The latest news of the missile strike in Gaza pulled the legs out from under buyers. They stopped buying today and the market just pulled back.

It's a reminder of the old angst (of international conflict), despite a good jobless report, ... People seem to be ignoring the economic numbers right now.

Any company out there that has some accounting concerns, either real or imagined, is getting hit today, ... There's fear out there that maybe Enron was just the tip of the iceberg.

It's a little unclear if this rally is short covering. We'll know tomorrow.

This particular stage of poker on television is driven by people who have been playing offline for the last 10 years.

The market will probably drift to the upside as we close out the year but there doesn't seem to be any conviction to it.

If the inflation reading comes in high it could really torpedo the markets. The markets were really bracing for that figure today, going a little higher with the idea that they could really fall tomorrow.

Investors were cautious to begin with this year, and the hurricanes are causing them to second-guess themselves even more.

Today was a good healthy profit-taking day. There were no particular leaders, and it was a pretty broad-based sell-off, which felt good after the recent run that we've had.

The stock is down 40 percent from its high, ... It's a very good buy, and the company just dominates the industry.

Early next week you've got a trade deficit number and retail sales, and those reports could be volatile.

I think confidence is higher. There's a sense of 'What are we worried about now' because we got through the rise in interest rates, the election, we're dealing with the energy prices. I think people are feeling better.

There's not a lot of conviction out there. It's a strange year-end, you just get a sense that people are content, waiting for the new year.

There's a lot of bi-polar disorder out there, ... There's one camp that says we're going to have another leg down there's another camp that says the economy's improving.

There basically is an absence of sellers in the market. It seems the market is a little ahead of itself, but people are reluctant to sell. People are still putting money to work here in the market.

At some point, high oil prices have to matter. When Joe Six Pack has to start paying 50 to fill up his tank, you have to think they will stop buying Frappuccinos and bottled water.

We seem to have a hiccup every late September or October, and that's set us up for a bit of a rally, ... The question is whether it fades in early November or lasts through the holidays. I need to wait and hear from retailers before that becomes clear.

It's normal, it's healthy. The market is going to need to get a little more economic news under its belt before it can move higher.

What we're hearing is that today was predominantly short covering, ... I know that there's people that have cash and are stepping in when the market's down.

Today was a little disappointing.