47 Quotes by Richard Cripps
- Author Richard Cripps
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What this does is it keeps buyers away. It's a lack of buyers. And they would prefer some certainty.
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- Author Richard Cripps
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We're facing the realization that rising (interest) rates and rising stock prices are incompatible. The higher rates are really starting to make themselves felt.
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Whenever the market is as oversold as it is right now, it's typically been a good idea to do some buying. The question is what to buy and the lack of a 'go to' area is keeping investors on the sidelines.
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- Author Richard Cripps
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We've set up a situation where a 25 basis point (a quarter percentage point) cut is good but you're looking at a market that's desperate.
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We've seen a noticeable pickup in concern over the last two months.
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The reality is setting in on the AOL/Time Warner deal.
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People want to own these (technology) stocks. And that's what limits any significant drop on these stocks and it's what puts pressure on the remainder of the market.
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From a trading desk standpoint, you'd rather be long (own stocks) here than short, and that starts to build its own dynamic and attract its own level of interest. The market is oversold and selling pressure is easing.
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- Author Richard Cripps
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There is a lack of buyer conviction. The whole dynamic of the Nasdaq rise and correction is, in a broader sense, an inflection point. But investors just view it as weakness.
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