TT
Tomas Taterka
26quotes
Quotes by Tomas Taterka
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The market is looking for new support levels as it slowly retreats. I think there's room for big losses still.
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The market's been really weak on what was a very bad day in terms of volume. That meant we accompanied international markets that were also very weak.
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The market is still excellent; what we saw at the end of the day was just one move, caused by profit-takers.
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The market was dead today. Many people were not around because of the end of the month.
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The market was totally undefined, waiting for some kind of news, but it was a dead news day.
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The market was tracking stocks overseas all day long. As soon as U.S. stocks reversed gains, our stocks also lost ground.
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The market was waiting for this and the rise in rates is not a surprise. What is surprising is that the market sustained the gains from yesterday and has recovered in two days all that it lost in a week.
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The chance of the government beating the two injunctions next week are much better and so the likelihood of privatization before the year-end is improving.
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It was just another bad day for the market, with zero flows from abroad and low flows here. People are worried there is more room for profit-taking, but there is so far no big change in the general sentiment.
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The volumes are really low. The market is falling and it is likely to continue dipping this way because there are no flows. We are pegged to Nasdaq again.
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