Mark Pervan Quotes (11 Quotes)

The market is still very cautious about the damage caused by Hurricane Rita, and they're just digesting new information filtering in about damage to oil rigs in the Gulf of Mexico,

The market would be positioning ahead of that deadline.

Supply growth is not there, and the players in the market aren't investing in new supply.

The capital management was certainly on the cards, but the market wasn't expecting such a generous offer.

But since U.S. gasoline supply is actually ample, I'm not surprised there's been a bit of profit taking today.

The market's been driven up on the concern that gasoline supply could fall leading to the heavy demand period of the summer driving season.

Analysts say Goodyear has since developed an almost Alan Greenspan-like ability to leaven his presentations with the kind of sober caveats that leave investors just a bit fearful, even though they have just heard about record earnings. They've got to look conservative without missing the boat, ... The market hangs on every word.

This is clearly just posturing, and a helping hand by the Chinese Government to the Chinese Steel Mills, who clearly have their backs against the wall to try and keep contract prices from rising in 2006.

From a short-term point of view I don't expect any of these juniors to benefit. It's going to take six to 12 months to get legislation passed to get these guys up and running, and then they have to get government approval to actually mine the stuff. It could take many, many years for them to get their product to the market, let alone first defining what they've got.

This company pretty much operated at full tilt in the last quarter.

We're looking at a bit of profit-taking this morning ahead of the U. S. crude oil stocks report. The market's probably got a little ahead of itself, since the U. S. crude situation is very healthy at the moment.