83 Quotes by Tim Heekin
- Author Tim Heekin
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GM is such a bellwether, major company in the United States, and if they filed for bankruptcy, that just wouldn't be a good indication as to market conditions.
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I think the market has gotten tired ... and poor attendance is also contributing to a very quiet market today. I think this is short-term, but I think the path of least resistance is down.
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I think we probably need to take it even lower before the correction that we've been seeing is done.
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I think the rally just ran out of gas. You're right at the beginning of the earnings reporting, and all the good news is priced in, and buyers are getting a little tired. I think it's time for a little pullback. After we see a little consolidation, then we can go higher again.
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I think even if oil prices continue to fall for the next few days, we're probably going to see stocks continuing to pull back.
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People are looking for more clarity in terms of Iraq, interest rates, oil prices and the dollar.
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Retailers are still taking a hit off of Best Buy's loss yesterday and now today's data is providing some more selling pressure in the sector.
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I think people are trying to drive the market higher. They're coming in on what have been some of the better groups, that being retail and technology still.
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I think people walked in confused today as to whether we are going to continue this uptrend through year-end or back off.
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