128 Quotes by David Briggs
- Author David Briggs
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Reality is setting in. It is going to be extremely difficult for the market to rally. The market showed resilience from $40 to $60 a barrel, but I don't know about $70.
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- Author David Briggs
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Oil prices are up, GDP is down and we've got a little month-end cross section here, so we're seeing some volatility,
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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.
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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.
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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.
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A lot of people are not sure what to do and that uncertainty is playing itself out in the marketplace.
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You don't want to sit here going long with stocks and have something happen over the weekend.
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This particular stage of poker on television is driven by people who have been playing offline for the last 10 years.
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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.
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