Fred Ketchen Quotes (40 Quotes)


    The volatility of our market continues and I think there's still a lot of confusion as to where this market, at least in the short term, is going to travel.

    Perhaps this market has been oversold and the reaction to Mr. Greenspan's comments has been a little overdone. It would appear that that being the case, perhaps we're seeing a little bit of mild confidence returning to the market,

    Who knows I think it depends largely upon what they're able to do overnight. I think it depends largely upon what kind of volume we're going to see tomorrow.

    It's Friday, it's in the summertime, and a lot of this kind of stuff does go on during this period of time. People go away early on Friday and they don't come back until mid-Monday,

    We find out whether they leave rates where they are or whether they raise them another 25 basis points. There is that doubt still hanging over the market.


    The volatility in our market is a major factor that has to be considered. There was a nice rally toward the close, ... Maybe there's a lot of people who think these technology stocks have had such an erosion that perhaps it may be time to step in and buy a few of these things.

    The market will look with some satisfaction on U.S. inflation numbers for August. If you remove gas and oil, they're tame.

    We're getting a big push today from the price of gold, (and) they're chasing after any kind of mineral whether it be zinc, copper, lead, copper, aluminum - you name it.

    Those hopes and dreams... one would have to assume that they've got way beyond perhaps where they ought to be, and I think that we've seen a correction taking place as a result of that.

    The market has grown and people are more aware of wealth-generating opportunities and risks in the stock market, but (those are) risks they're comfortable to take, I guess.

    Exxon doesn't set the price of oil. It's set by the laws of supply and demand. We better get used to the idea of paying more to heat our homes.

    I think that most people with some discerning capabilities will decide to wait until tomorrow and find out what Alan Greenspan has to say. That seems to be the overriding consideration on the market at the present time.

    I guess there's more of an attraction to Canada than just our well-run businesses.

    I would have to think that is nothing more than the prospect of dilution. I think shareholders are saying that Royal Bank you have been fairly aggressive in going out and buying other assets. Now let's see the profit potential that is going to come from these,

    At one time the TSE was up 200 points, and you'd think all the worries were gone. All of a sudden late selling comes in,

    The record commodities prices are going to be of continued interest and obviously some significant support for our market.

    The overall sentiment in Toronto today was watch and see, wait and pick your spots and I think we'll continue to see that kind of thing along the way, ... This was a market that marked time, a market that keeps wanting to follow New York, follow the Dow.

    The price of gold has taken a jump. We'll see a bump in gold stocks on that.

    If you look at the amount of trading that has been taking place over the last little while, I guess I can understand it and I can sympathize with the exchange. I know they're struggling.

    Overall, this is a little strange coming into a weekend. You don't normally expect this in the summertime, to see this kind of strength. So you have to give the majority of the credit to that jobs report,

    I would say with Intel's warning and given the warnings that we got during the day, tomorrow morning isn't going to be any shining star that you'll want to hang on to for ever.

    It has been a day of recovery, and I think there has been some comfort and satisfaction taken from the comments earlier today of Abby Joseph Cohen, who says equity valuations are the most attractive they have been all year.

    Dell started the whole thing off with their reiteration of where they thought their earnings and revenue are going to be in this quarter. That has certainly ignited a bit of enthusiasm, particularly on the technology side,

    It's a spotty market and it isn't totally convinced where it wants to be. It reacts almost instantaneously to news until all of a sudden you want to change your mind and go the other way.

    I'd rather be the owner of the fund. I'm much happier watching the profits accrue to the mutual fund company shares.

    There's no reason now not to proceed with conversion. The uncertainty hanging over the sector has been taken away.

    It really is quite a remarkable comeback in my mind because this morning it looked very, very grim. We've got some spots of strength and obviously spots of influential weakness.

    Look for a little bit of an up move here today on the back of continuing good bank earnings and continuing growth in commodity prices.

    The market is still nervous and directionless, and it is still looking for a reason to do one thing or the other. In the meantime, it does whatever it does to a modest degree and then breathes a sight of relief and says we got through that one without much trouble,

    The trend in the technology sector has been very, very heavily weighted on the downside, and until there's some reason to make it stop we're not going to be seeing anything different.

    There was a quick turnaround in New York, which indicates that things are totally under control. After a sloppy opening, they turned around in a hurry.

    This is a mess, ... Big daddy (U.S. Federal Reserve chairman Alan) Greenspan is obviously eyeing these numbers, if we ever had doubt before that maybe we weren't going to see a quick move in interest rates, this may dispel that.

    Maybe as the day goes on, we might find reason why there may be some optimism here but I think at the moment that may be more wishful thinking than reality.

    This isn't a very convincing rally but nevertheless things have settled away. Not a whole lot of trade but things are looking a little more stable than they were yesterday,

    At the moment, we are behaving differently than many other analysts thought we would be behaving - we're at the target of some of them for the year.

    Bank mergers are probably not high on the list of priorities of the new government.

    The big thing here had to be Nortel. Any time Nortel loses C2.45, you know the effect that has on the index.

    You can see what kind of a major influence this company has,

    Our market is obviously benefiting again from higher energy prices, for one. Then you've got also some interest in segments of the financial services side following a number of earnings ... Commerce bank (CIBC) certainly beat estimates and that stock is up.

    Who would have ever thought that Mama Bell would become a sexy lady ... But she suddenly is very, very sexy indeed and everybody wants to be in her sleigh.


    More Fred Ketchen Quotations (Based on Topics)


    Time - People - Business & Commerce - Computers & Technology - Gold - Reasoning - Majority & Minority - Worry - Government - Travel - Enthusiasm - Sense & Perception - Present - Morning - Idea - Uncertainty - Finance - Reality - Optimism - View All Fred Ketchen Quotations

    Related Authors


    - - - - - - - - - - - - - - - - - - - - - - -


Authors (by First Name)

A - B - C - D - E - F - G - H - I - J - K - L - M
N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Other Inspiring Sections