82 Quotes by Peter Greene

  • Author Peter Greene
  • Quote

    As it stands, you have a continuation of some people wanting to take profits after the run this year. If the market is up this week, it's going to be muted.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    That's why you get this blas? effect, ... The breadth is flat so it's really one of those days where it's not really exciting.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    This is impressive, but the caveat is that this is the day after a holiday and not many people are in. You also have certain key sectors, like chips and the insurers, not participating. I think you need to see a few more days of this to determine whether today is a head fake or not.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    This is a pause, a period of minor consolidation after a rally. I'd be more concerned if the breadth declined, but it's still pretty good.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    A lot of people made a lot of money in the last two days, but nothing much has changed. We're still facing layoffs and the threat of action in Afghanistan, ... This is still a market that is focused on good corporate events going forward, and right now, we're not really seeing any.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    There's big fear. People are selling because they don't know what's going to happen. The news out of the BBC this morning that Iraq is getting ready for chemical warfare is a big part of it.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    There's disappointment about the economic reports right now, but my sense is that this is going to be short-lived. The overall economic trend is higher, with the exception of the labor market, so it seems to me that declines are going to be used as an opportunity to buy.

  • Tags
  • Share

  • Author Peter Greene
  • Quote

    It seems to me that the market is stabilizing, but the undertone is a negative one. After yesterday's advance, you'd think there would be some follow through. It seems to me the market is tired and due for a rest.

  • Tags
  • Share