16 Quotes by Patrick Boyle
- Author Patrick Boyle
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Were just trying to use what information we can, but it depends on weather a lot,
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People want to focus more on the blue chips because they figure that's what will do well through the end of the year. But there are still people waiting on the sidelines looking to fill other positions, so we should continue to rise through the end of the year.
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People are looking for a dip to buy.
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People are putting that money into some of the cheaper stocks.
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It definitely says there are a lot more people on vacation than we thought but we like the market to sell off on low volume because it's a good technical sign, ... The key thing we're looking for as far as technology is concerned is what Q3 and Q4 look like.
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Most of the bad news has been factored into this market. I think people are trying to pick their spots here and people are trying to get a leg up this week.
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There have been some late momentum sellers and some (sell) programs. No one is really saying things are looking better. People were hoping that he (Greenspan) might hint to a little more aggressive rate cutting but it didn't happen.
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You have Intel that reports tonight, so you saw a pretty decent run on the semis and that took technology with it early. But then you're seeing a little bit of profit-taking just in case that Intel number isn't quite as good as people hoped it would be.
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We feel we're making progress and every day we're getting closer.
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