I don't see any reason why we would bounce -- there's no real compelling reason for people to buy. It seems like we're going to keep on undergoing pain.
More Quotes from Todd Clark:
We got off to a good start off of the mergers and acquisitions news, but I think people just looked over their shoulder and saw rates continuing to back up and crude drift a little bit higher, and it's given them a little bit of pause.Todd Clark
The other tobacco, if we were to get a couple of days' rain it could become pretty good.
Todd Clark
This type of a pattern is actually pretty good, and I wouldn't be surprised if they tried to rally them back again late in the day.
Todd Clark
We were bumping up against the highs we made at the end of the first week of euphoria about Iraq, ... A lot of people were looking at those levels as being a spot where the market would sell-off, and we've moved above there.
Todd Clark
The war thing is getting overblown. We're talking about a market that's thinly traded. The only people playing it are hedge funds and trading desks. They have a vested interest in swinging it around.
Todd Clark
We're basically consolidating what has been a favorable week. We've had some strong economic data and a pretty good decline on crude for the week.
Todd Clark
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