30 Quotes by John Carioba

We're in hard times with low volume. In the short term there's no reason it will get any better.

Many say it was the Argentine news that brought us down.

Nobody wants government paper, here or abroad. The basic reason for that is the 'Lula is coming!' panic, which brings other consequences such as speculation and liquidity problems.

On Monday you have the options expiration and you're going to see very high volume. After that, my guess is it's going to be flat. I don't see any direction in the short term.

I think a lot of people are still afraid about what could happen.

People are fearful of the outlook in general.

People are afraid of what could come out politically.

Some people are saying that they are still a good buy, even though they may not like the share swap offer.

Trading here today was very volatile, as it was in New York. It was the last session of the month and quarter, when many companies close their fiscal year books doing corresponding buying or selling.