David Briggs Quotes (71 Quotes)

It looks to me like the market is getting a little psyched-out with these psychological levels, particularly 2,000 on the Nasdaq. After hitting that, people have pulled back a little, but there's still plenty of money on the sidelines. It could inch back up.

The magnitude of how many people were involved today caught people's attention in a way it hasn't before. People are no longer convinced these attacks are random and they are starting to worry about how they will affect the economy.

There's a lot of investor apathy out there right now, and I don't see any incentive for people to move until the payrolls report. After that, people who are holding out may be willing to get back in.

The Enron news may have been enough to distract people today, or if not, then maybe kept investors to the sidelines to take a look at what their position is on some of the companies that they were buying. However, it did have a drag on the market.

There's lots of mixed news. We started off with negative tech news, then National Semi came out in the middle of the day, and we're doing better, but we're still down for the week.

It's a fairly impressive rally. There's some serious longer-term money flowing in today (Wednesday). We continue to get positive indicators each day.

I'd have liked to have seen us a bit higher, but I'm pleased that the market is at least not falling apart today. I think a lot of people are waiting to hear from Greenspan.

Earnings seem to be flat to a penny better, and everyone was prepared for the worst. There don't seem to be a lot of sellers in the market, and it seems like the tide might be starting to turn. The market is fairly valued...it gives the opportunity for the economy and earnings to move higher here.

I think that consumer confidence number really shocked a lot of people. Because if consumers aren't going to hold this economy up -- the bad news just keeps on coming.

I think we have gotten ourselves into a classic year-end speculative mentality. I really think the market has gotten ahead of itself. People really started buying on hope. I don't rule out some year-end euphoria, but I don't think the market has a lot more upside to it.

We're in a narrow range, moving around about 1 percent over the last three days, and it looks like the markets are waiting for some economic figures or waiting on oil because there's really no reason to push anything now.

I thought Powell did a great job. It was a constructive speech. The key question on everyone's mind is, 'What now' We'll have to see how the delegates react.

I'm actually encouraged the market isn't down more than it is. We've been seeing a lot of rotation, but we also saw some money being put to work last week.

I think the market had been pretty weak, and then we saw a little bargain hunting Monday. But those same people hunting for bargains yesterday got a little spooked today when they saw the AMD warning and the Alcoa miss.

Maybe today is a sign that we can gradually move modestly higher without getting crazy.

The market seems trapped between 1,200 and 1,212 on the SP. We'll probably see a little strength later in the week, at the very least to offset last week's weakness and if we see the SP dip below 1,200, then I think some bargain hunters will come out.

Yesterday's sell off created a little bit of a bargain today, and investors are stepping it up and taking advantage.

Look at Philip Morris. Its stock value was depressed for a long time on litigation risks, but after all these years the value has finally come through.

Greenspan sparked a reaction. I guess people like to be verbally reassured that we can get through the oil prices.

This may not be the bottom today (Thursday), but we are getting very near the point where it's interesting to buy these stocks.

With higher interest rates, fundamentals are starting to erode. We're looking for margins and earnings to be constrained going forward.